Operation HOPE Announces Eric Kaplan to Financial Literacy for All Senior Leadership Team

ATLANTE, September 27, 2022 /PRNewswire/ — Operation HOPEInc., the nation’s largest nonprofit dedicated to financially empowering underserved communities, today announced that Eric Kaplan will join his Senior management team as Executive Vice President, Chairman of Financial Literacy for All (FL4A).

Kaplan brings to the FL4A mission a three-decade career focused on housing and consumer finance, politics and advocacy. Kaplan joins FL4A from the nonprofit, nonpartisan Milken Institute, where he used 25 years of experience in banking and law to lead the think tank’s housing finance program as director. and senior adviser. In this role, Kaplan has engaged and advised a wide range of government, private sector, and nonprofit actors in the pursuit of a well-functioning, equitable, and inclusive housing finance system. Today, he continues to serve as Senior Advisor to the Milken Institute Center for Financial Markets.

“Eric joins a team of leaders and changemakers who are committed to the mission of financial literacy for all. His diverse industry experience will help us connect with new partners and communities to expand our reach” , said the president, founder and director of Operation HOPE. CEO John Hope Bryant. “We are thrilled to have Eric join the Operation HOPE team and look forward to building together.”

From 2019 to 2021, Kaplan served a two-year term on the Consumer Financial Protection Bureau’s Consumer Advisory Board, serving as chairman of the board in his second year. In this role, he helped advise the CFPB on important issues and trends affecting U.S. consumers and consumer financial markets – particularly important during the height of the pandemic. Emerging from the financial crisis, Kaplan worked to facilitate the re-emergence of private capital as a safe and accessible source of real estate finance, leading and presiding over the major effort to reform residential mortgage-backed securities ( RMBS) in the country and co-chairing a US Treasury Department RMBS Reform Task Force.

“Eric has years of experience highlighting the need for financial literacy and empowering underserved families in the face of systemic challenges and complex markets and rules,” said Brian Betts, President and Chief Financial Officer of Operation HOPE. “His work aligns with the mission of financial literacy for all, and through his leadership, this initiative will be able to break down the barriers that prevent so many Americans from accessing the knowledge and resources they need to participate. to the American economy.

Kaplan is also an independent member of the board of directors of Kroll Bond Rating Agency, LLC, a member of the board of directors of the Cameron Kravitt Foundation and chair of the RMBS working group of the Fixed Income Investor Network. He is a member of the Principal Advisory Council of the Mortgage Industry Standards Maintenance Organization (MISMO), having previously served on the organization’s Board of Directors. Kaplan also served on the board of directors and co-chaired the residential mortgage committee of the Structured Finance Association. Additionally, he has advised a number of mortgage and consumer, technology and non-profit organizations on a wide range of initiatives and issues.

Kaplan holds an AB in politics from princeton university and a JD of Boston University Law School. He was admitted to practice law in NY, NJ, and the United States District Court, and he also held FINRA Series 7, 63, and 79 licenses and a SAFE Act Mortgage Loan Originator license.

Financial Literacy for All is a national initiative to support the integration of financial literacy into American culture. Spear May 20, 2021the 10-year commitment co-chaired by the CEO of Walmart Doug McMillion and Operation HOPE Founder, President and CEO John Hope Bryantwill reach millions of working youth and adults, enabling them to achieve greater financial success for themselves and their families.

About Operation HOPE, Inc.

Since 1992, Operation HOPE has moved America from civil rights to ‘silver rights’ with a mission to make free enterprise and capitalism work for the underserved, disrupting poverty for millions of young and old. low- and middle-income adults across the country. Through its community improvement model, HOPE Inside, which received American Banker magazine’s 2016 Innovator of the Year recognition, Operation HOPE has served more than 4 million people and led more than 3 $.2 billion in economic activity to disenfranchised communities, turning customers into check cashers. into bank customers, tenants into landlords, small business dreamers into small business owners, minimum wage workers into living wage consumers, and victims of uncertain disasters into financially self-sufficient survivors. Operation HOPE recently received its eighth consecutive 4-Star Charitable Rating for Budget Management and Commitment to Transparency and Accountability by prestigious nonprofit reviewer, Charity Navigator. For more information: OperationHOPE.org. Join the conversation on social media at @operationhope.

Media Contact
Lalohni Campbell for Operation HOPE
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SOURCE Operation HOPE, Inc.

Geraldine L. Melton