MMV Financial Inc. (MMV) one of North America's pre-eminent specialty finance firms today announced the addition of Ms. April L. Young to its senior management team reinforcing the company's presence in the United States. Ms. Young joins MMV Financial on December 1, 2008 as Senior Vice President and Managing Director. Based in Reston, VA, Ms. Young will be responsible for the business development activities of MMV in the United States.
"The success of MMV Financial is due, in many respects, to the ability of our team and bringing the vision of our company to those we invest in/with. Now April will not only bring her experience to that vision but continue to build it in the United States," says Chief Executive Officer, Minhas Mohamed.
Ms. Young spent the last ten years as Senior Vice President and Managing Director for the Mid-Atlantic Region, Technology and Life Sciences Division of Comerica Bank. Prior to joining Comerica Bank, Ms. Young was Founding Executive Director of the Potomac KnowledgeWay Project, a non-profit, leadership organization designed to help Greater Washington become a global leader in digital information products and services.
Previously, Ms. Young served as Senior Fellow for Regional Economic Development at George Mason University's Institute for Public Policy and served as the first director of the Northern Virginia Roundtable. Prior to that, Ms. Young was the Director of the Virginia Department of Economic Development and also served as Senior Vice President of NVRDevelopment.
Ms. Young holds bachelors and masters degrees in urban and regional planning from George Washington University as well as a Ph.D. in public policy analysis from Saint Louis University.
"We are extremely excited to have April join MMV's senior management team, where we will benefit immensely from her in-depth experience of the venture debt market in both the Technology and Life Sciences markets," said Minhas Mohamed, President and CEO of MMV Financial. "We are delighted that Ms. Young is joining our organization at this time as a clear indication of our commitment to this market," added Mr. Mohamed.
About MMV Financial Inc.
MMV Financial is a Toronto-based specialty finance company providing creative debt solutions directly to technology and life-sciences companies across North-America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, Fonds de Solidarité des Travailleurs du Québec, HSBC, NewStar Financial Inc., ROI Capital, and Wells Fargo Company. For more information please visit www.mmvf.com
For further information:
Minhas Mohamed, President and CEO,
MMV Financial Inc.,
(416) 977-9718, firstname.lastname@example.org