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January 30 2013

Fred D. Smith, Disaster Financial Recovery Architect, Appointed President of HOPE Coalition America, a Division of Operation HOPE

 

Empowerment nonprofit strengthens operations as first division president focuses on Hurricane Sandy response, volunteers and financial support
 
Los Angeles – January 31, 2013 – Financial dignity nonprofit Operation HOPE announced today that Frederick D. Smith, senior advisor to the Chairman and former President of Operation HOPE, has come out of retirement to lead HOPE Coalition America (HCA) as president. 
 
“I am pleased to be able to put my years of service into action, to help individuals, families and small businesses recovering from Hurricane Sandy, the most destructive storm we have seen since Hurricane Katrina,” said Smith. “Having volunteers from the expanded financial services, accounting, insurance and legal industries to expand the capabilities of our employees will be the key to getting individuals back into their homes, small businesses re-opened, and employees back to work.” 
 
The appointment comes as HCA is ramping up economic recovery services for Sandy survivors, serving as the financial recovery partner of FEMA and the American Red Cross. Smith, who visited the Hurricane damaged areas in New York and New Jersey, has already begun assisting individuals and engaged in efforts to recruit volunteers and encourage financial commitments from corporate leaders. 
 
He was key in helping to establish the emergency recovery and preparedness division, HCA, in direct response to the 9/11 tragedy. Through his experience and connections, Smith has set a goal to recruit 2,000 disaster financial recovery volunteers- a commitment that will allow our services to be available as soon as needed.  
 
A retired U. S. Air Force Colonel, Smith is also a published author, guest speaker and community leader. He is a former member of the board of directors of the San Gabriel Valley Council Boy Scouts of America, the Transportation Foundation of Los Angeles, and a Los Angeles County Commissioner as Vice Chair of the Workforce Investment Board.
 
He has had a career as a banker, senior government official with FDIC-RTC and is also a former Deputy Treasurer of the State of California. 
 
Smith earned a Bachelor’s degree in accounting and business administration from Tennessee State University. He is also a graduate of the Pacific Coast Banking School at the University of Washington, and the Graduate School of Credit and Financial Management, Amos Tuck School at Dartmouth.
 
As one of the organization’s key divisions, HCA brings together senior executives and professionals from the financial services and legal industries, as well as higher education, social service and community development providers, to provide free, financial and economic counseling to those affected by natural disasters, national emergencies and economic disasters. 
 
To date, HCA has assisted more than 250,000 individuals recover from disaster.