Meet Stephen Morel: MC Green Bank’s Chief Investment Officer
The MC Green Bank team is growing! We are thrilled to welcome Stephen Morel as the Bank’s inaugural Chief Investment Officer. As CIO, Stephen will be ramping up investing activities for the Bank as we enter a new phase of increased clean energy and energy efficiency activities. From an expansion of existing offerings to new product offerings, Stephen will be growing the Bank’s capabilities to address the County’s sustainability objectives. Hear from Stephen on joining the Bank:
Hello all. I am extremely excited to join the Green Bank team! I have had a strong interest in green banks since their early days and am impressed by the billions of dollars they have catalyzed for clean energy and climate objectives across the world. As the first county-level green bank, I am particularly excited to play a role in the demonstration value of the MC Green Bank throughout the U.S. and the world.
Before joining the Bank, I ran a consulting company focused on project and corporate finance. And prior to that, I was with the Overseas Private Investment Corporation. In each of these roles, my interest has been how to leverage public funds for unlocking market barriers and unleashing private sector investment. I believe there are quite a few like-minded individuals and businesses throughout Montgomery County, and it makes me very enthusiastic to match their investment goals with the County’s climate and environmental objectives.
One of my favorite non-work activities is to travel with my wife. We have been lucky to travel to 40 countries and 31 U.S. states. My hope is to eventually reach 100 countries and all US states! In the meantime, I look forward to meeting all contractors, developers, businesses, and individuals throughout the County interested in Green Bank activities. I hope to work together to grow our portfolio and elevate the success of the Bank.