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Bhavani Daryanani appointed as CFO of NY’s Nonprofit Finance Fund
Daryanani, with over two decades of experience in community development finance, uses financial strategy and innovation to promote social change.
Bhavani Daryanani / LinkedIn
Bhavani Daryanani has been named Chief Financial Officer of New York City’s Nonprofit Finance Fund (NFF) after serving in the role on an interim basis for the past three months. In her new position, she will oversee NFF’s financial policies, planning, accounting, and reporting.
“For decades, NFF has deployed capital and consulting to help nonprofits meet evolving opportunities and challenges and has used its expertise to advocate for systemic improvements to the way we fund social good,” said Daryanani. “I’m excited to join NFF’s experienced and passionate team.”
With over 20 years of experience in community development finance, Daryanani brings expertise in using financial strategy and innovation to drive economic equity and social change.
“Bhavani quickly earned our trust and admiration, and we are thrilled to have her join as a permanent member of our team,” said Aisha Benson, president and CEO of NFF. “Her bold vision and technical acumen will serve NFF and our clients well.”
Daryanani’s previous roles include interim CFO at Capital for Change, chief operating officer at Connecticut Housing Finance Authority, and managing director at the Federal Home Loan Bank of San Francisco. She has also held senior positions at Deutsche Bank and MetLife Real Estate Investment Management and taught graduate programs at New York University.
The appointment comes as NFF continues to grow its portfolio with significant philanthropic support, CDFI Fund and New Markets Tax Credit allocations, and the launch of a new loan fund for community ownership of assets. “Bhavani and Kareem will help NFF to use its financial strength to accelerate community impact and meet the needs and aspirations of people in neighborhoods across the country at this critical time,” said Benson.
In addition to Daryani, Kareem Thomas has also been appointed as NFF’s new Chief Credit Officer.
The NEF is a community development financial institution (CDFI) that provides financial services, including capital, consulting, and policy advocacy, to nonprofits and social enterprises. NFF focuses on helping organizations in sectors such as education, healthcare, housing, and human services to address challenges, build financial sustainability, and create a positive impact in their communities.
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