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Meet the Leadership Team

KAY Y. WALLACE
PRESIDENT AND CEO 

As President and CEO of the National Black MBA Association®, Kay Y. Wallace brings vast experience with an impressive track record in building strategy and delivering results. Kay served as the Deputy Chief Operating Officer for the Atlanta Committee for the Olympic Games, where she managed day-to-day operations of the $1.7 billion international project including construction, finance, logistics, games operations, administration, technology, project management, program scheduling and integration. Her professional strengths were next visible on a global stage in post-apartheid South Africa, where she created the first organizational capability strategy for The Coca-Cola Company’s Southern African division. Wallace’s work for this division (of over 500 employees and an annual revenue of $8 billion) was regarded as the company’s best practice and led to her serving as a consultant to other operating divisions around the world.

In 1999, Kay founded and served as director of Effective Solutions, where she coached Fortune 500 executive teams in developing long-term visions, strategic plans, and capability strategies. In 2007, Kay joined Dow AgroSciences where she worked to identify biotechnology opportunities to complement existing agrichemical market segments to maintain global market leadership. In this role, she notably designed and managed an organizational change initiative for the senior executive team and the top 100 company leaders. This initiative paved the way for company leadership to develop, implement and manage an organizational strategy to create a sustainable growth culture for the $5 billion international business.

In 2010, Kay pivoted to the nonprofit sector as Managing Director of Stand Up, a community development organization serving working communities in Atlanta. Kay had administrative oversight for a $1 million grant from The Ford Foundation funding a collaborative of nonprofit organizations to collectively impact systemic community issues. Most recently, Kay served as Managing Director of duka duka, a consulting firm providing a full spectrum of intensive results-based services to navigate and overcome leadership and organizational challenges.

Kay attended the University of Alabama where she received a B.S. in Chemical Engineering. She earned her MBA at the Harvard Business School. A native of Alabama, she resides in Atlanta, Georgia.

ABIOLA BANKOLE
CHIEF FINANCIAL OFFICER

Abiola Bankole serves as the NBMBAA’s Chief Financial Officer, where her primary responsibilities are strategy and financial and operational management.  As a member of the senior leadership team, Abiola provides recommendations to the President based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.  She oversees long-term budgetary planning and cost management in alignment with NBMBAA’s strategic plan and engages the Director of Development to align financial management with short- and long-term financial planning and projections.  In this role, Abiola oversees the implementation of budgets, and oversees the preparation of financial reporting materials and metrics for funding and the National Black MBA Association® board of directors; preparing and communicating monthly and annual financial statements and related reports and analysis. She also engages the board finance committee around issues, trends, and changes in the operating model and revenue/cost structure.

Read Abiola’s Full Bio

Paula Fontana
Vice President, Strategic Programming Initiatives

As Vice President of Strategic Program Initiatives, Paula Fontana’s efforts are focused on the development, coordination, and implementation of new and existing programs and initiatives that help the NBMBAA® to fulfill its responsibility to our membership. Paula works to ensure that all programming is in accordance with the mission and goals of the NBMBAA®, which includes new initiatives to support the strategic direction of the organization.  To achieve successful outcomes of programming, Paula develops and implements long-term goals and objectives as well as establishing an evaluation framework to assess the strengths of the program and to identify areas for improvement.

Read Paula’s Full Bio

Annual membership contract, paid in monthly installments with automatic renewal Service begins as soon as your initial payment is processed. You will be charged 1/12 of the annual membership fee at the time of purchase, every month for the duration of your annual contract. Your membership contract will renew automatically, on your annual renewal date, until you cancel your membership in writing no later than 30 days prior to your annual renewal by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, you will be charged 100% of your remaining contract obligation and your service will continue until the end of until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Annual prepaid membership contract, with automatic renewal Service begins as soon as your payment is processed. You will be charged, immediately in full, the annual membership fee at the time of purchase. Your contract will renew automatically, on your annual renewal date, unless you cancel your membership in writing by no later than 30 days prior to your annual renewal date by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, your payment is non-refundable, and your service will continue until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Activation of Membership Memberships will become active upon processing of all materials at National Black MBA Association (NBMBAA) headquarters. Existing Lifetime and Associate Lifetime Members The Lifetime or Associate Lifetime membership is no longer offered. Existing Lifetime or Associate Lifetime members who have paid in full are active for the duration of his or her lifetime, from their membership activation (see activation of membership). Lifetime or Associate Lifetime members are no longer eligible for any other membership type. Student Members Student memberships are active for 12 consecutive months, beginning at activation (see activation of membership). You will be considered a student member as long as you are actively enrolled in a recognized undergraduate or graduate degree program. Your membership should be upgraded to a Professional or Associate membership upon the expiration of your current membership, subsequent to graduation. You are required to submit proof of your current enrollment. The following items will be accepted as proof of current enrollment: • Letter from the registrar acknowledging your current enrollment status • Copy of your tuition bill • Class schedule reflecting your current enrollment. Should you fail to submit proof of current enrollment within 60 days, your membership may be terminated, and your payment will not be refunded. You will then need to reapply for membership. Refund Policy The NBMBAA will only provide refunds for the following reasons: • Verified duplication of billing • Verified overcharges • Submission of incorrect member type resulting in one of the above Refunds will be provided as follows: • Credit card payments will be credited to that same credit card. • Cash and check payments will be credited by NBMBAA check after 30 days, and only after initial payment has cleared our financial institution. * Refunds will be issued only upon request of the individual. The NBMBAA will vigorously defend itself against credit card charge backs. In the event that your credit card company requests a credit for charges, we will comply only to the extent that the request meets the requirements of the refund policy. (See above). Recurring Payments If you choose a recurring payments option to automatically renew your membership, you are responsible for canceling it prior to annual recurrence to avoid charges. Once charged, your membership will not be refunded. Notice of Photography and/or Videography As a condition of membership, individuals grant the National Black MBA Association an irrevocable nonexclusive license to use their name, image, voice and likeness for the purpose of advertising and promoting NBMBAA events, activities and products without any further approval from you or payment to you. It is the NBMBAA’s right to make visual and audio recordings, and still images of its members (collectively “Photography”) and to use the Photography and member’s name. However, none of the above shall be deemed as an endorsement for any NBMBAA product or service. Without limiting the generality of the foregoing, members agree that the rights granted hereunder shall include the perpetual, worldwide right of NBMBAA to edit, telecast, rerun, record, publish, reproduce, use, license, print, distribute or otherwise exploit, in any manner and in any medium or forum, whether now known or hereafter devised. Terms and Conditions are subject to change without prior notification. Revised: April 5, 2017. NBMBAA®