She’s In Charge: African-American Women CEOs In Corporate America

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While Kim D. Saunders is actually the second woman to be president and CEO of  African-American bank M&F Bancorp and its wholly owned subsidiary, Mechanics and Farmers Bank, she is making the position her own. She took over the post in 2007 and has steered the bank through trying economic times. A graduate of the Wharton School at the University of Pennsylvania, she was also previously president and CEO of Consolidated Bank and Trust Co. Under her leadership, Consolidated returned to profitability for the first time in six years.

Saunders earned a Bachelor of Science degree in Economics from the Wharton School of Finance and Commerce at the University of Pennsylvania.

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