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Last Update

2016-04-07T00:00:00.000Z

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Wrong Warren Bacon?

Warren Bacon H.

Project Director

MBDA Business Center, Boston

Direct Phone: (617) ***-****       

MBDA Business Center, Boston

Background Information

Employment History

Director
BankBoston

Project Director
Greater New England Minority Supplier Development Council

Senior Vice President of Small Business Credit and Operations
TD Banknorth Inc.

Key Positions
Fleet Bank

Vice President and Chief Operating Officer
Initiative for a New Economy

Affiliations

Board Member and Chairman of Economic Development Committee
Dorchester Bay Economic Development Corporation

Board Member
Children's Services of Roxbury Inc

Treasurer
Freedom House Inc

Board Member
Freedom House Inc

Member of the Loan Oversight Committee
Dorchester Bay Economic Development Corporation

Education

B.A.
Economics
Oberlin College

MBA
Finance
University of Chicago

Web References (18 Total References)


Color Magazine Blog

www.colormagazineusa.com [cached]

"We are part of a network of 40 Business Centers around the country," explained Warren Bacon, MBDA Business Center project director, "We happen to be located in Boston but we operate nationally. We are working with the council with a couple of primary constituents.


"We are part of a network ...

www.colormagazineusa.com [cached]

"We are part of a network of 40 Business Centers around the country," explained Warren Bacon, MBDA Business Center project director, "We happen to be located in Boston but we operate nationally. We are working with the council with a couple of primary constituents. One is the MBE community, Minority Business Enterprises, and the other is the buying community. Anyone who is buying goods and services: state governments, private corporations. Literally anybody who wants to buy.

"We are looking to recruit those MBEs who are good at what they do, have a good value proposition, and can be a good business partners with the buying community," Bacon continued, "Many of them will see us as trusted advisors.


Board of Directors - Children's Services of Roxbury

www.csrox.org [cached]

Warren Bacon Minority Business Development Agency


GNEMSDC

www.gnemsdc.org [cached]

Warren Bacon Project Director wbacon@bostonmbdacenter.com


Staff

www.gnemsdc.org [cached]

Warren Bacon Director of Boston MBDA Center (617) 986-6366 - ext. 310 wbacon@bostonmbdacenter.com

Warren holds a B.A. in Economics from Oberlin College and an MBA in Finance from the University of Chicago. Prior to joining the Business Center, Warren was Vice President and Chief Operating Officer for the Initiative For A New Economy, a non-profit consulting organization dedicated to helping minority owned businesses grow, gain scale and larger and more competitive.
This was accomplished by intensive mentoring of selected MBE's and helping them win contracts, resulting in increased sales and the creation of new jobs. He joined INE after a 30 year career in banking, with extensive experience in lending, risk management, developing and leading staffs to exceed expectations, process improvement and business turn around.
Prior to joining INE, he served as SVP of Small Business Credit and Operations for TD Banknorth, where he managed two loan underwriting centers and the bank's $800MM small business loan portfolio. Under his management, the loan approval rate increased 5%, underwriting time improved by 43%, maximum loan limits increased fourfold, numerous new products were introduced and the portfolio increased by more than 12% annually.
Warren also held several key positions at BankBoston and Fleet Banks. e was a Director in BankBoston's loan review department, where he managed credit examinations both domestically and internationally across the bank's commercial and consumer portfolios. He was also the Senior Credit Officer for BankBoston Mortgage Corporation, the 7th largest originator of residential mortgages in the nation, where he introduced several new processes and analytical techniques that significantly improved efficiency and risk mitigation. Warren also managed the bank's Private Banking division for eastern Massachusetts, and grew this client intensive business by over 15% annually.
Additionally, he served as Risk Manager for Fleet's International Private Banking, where he developed a comprehensive anti-money laundering system and other risk mitigation tools that led to the release of severe operating restrictions on the business. Warren's commitment to community service is expressed in his Board memberships at Children Services of Roxbury Dorchester Bay Economic Development Corporation, and Massachusetts Appleseed Center for Law and Justice.

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