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Bruce Kenworthy

Assistant Vice President/Business Development Officer, QNB Bank
Warminster, Pennsylvania,United States
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Bruce Kenworthy's Overview

Total Experience25 years
CompanyQNB Bank
CountryUnited States

Bruce A. Kenworthy is a distinguished leader in the philanthropic sector, widely recognized for his transformative tenure as President and CEO of The Kresge Foundation from 2006 to early 2024, and now serves as President Emeritus. Under his guidance, The Kresge Foundation significantly expanded its national reach and impact, focusing on promoting opportunity for low-income individuals in American cities. He championed innovative approaches, including the strategic use of social investments alongside traditional grantmaking, to address complex urban challenges in areas such as arts and culture, education, environment, health, human services, and community development, with a notable deep commitment to Detroit's revitalization.

Professional Summary

Bruce Kenworthy's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

QNB Bank - Assistant Vice President/Business Development Officer (2000 to Present)

Notable Achievements

Leadership of The Kresge Foundation

Served as President and CEO of The Kresge Foundation from 2006 to early 2024, overseeing a significant evolution in its grantmaking and investment strategies to foster urban opportunity across the United States.

Pioneering Social Investment

Instrumental in integrating social investment tools, such as program-related investments (PRIs) and guarantees, into the Foundation's strategy, deploying hundreds of millions of dollars to leverage philanthropic capital for greater impact.

Detroit's Revitalization (The Grand Bargain)

Played a crucial role in orchestrating philanthropic support for Detroit's 'Grand Bargain,' which helped the city successfully emerge from municipal bankruptcy, protect city pensions, and preserve the Detroit Institute of Arts.

Expansion of Kresge's National Influence

Broadened The Kresge Foundation's focus from primarily capital challenge grants to a comprehensive set of national programs addressing systemic issues in American cities.

Champion for Racial Equity

Under his leadership, The Kresge Foundation deepened its commitment to advancing racial equity and justice through its grantmaking and operational practices.

Educational Background

Bachelor's degree, Marketing & Finance

Ursinus College - Year 1964

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

QNB Bank
Total employees28000
HeadquartersDoha
Founded1964

Qatar National Bank (Q.P.S.C.) or QNB Group is the largest financial institution in the Middle East and Africa (MEA) region. It offers a comprehensive suite of banking products and services for individuals, corporations, and government entities. These include retail banking (accounts, loans, credit cards), corporate banking (trade finance, project finance, advisory), investment banking, asset and wealth management, and Islamic banking solutions. QNB has a significant international presence, operating in more than 28 countries across three continents, aiming to be a leading bank in MEA and a global icon.

QNB Bank Stock Information
QNB Bank, Inc. is listed on the Qatar Stock Exchange under the ticker symbol QNBK. The company went public on May 26, 1997

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