CARE USA, a nonprofit humanitarian organisation, is delighted to announce the appointment of Wellington Pak and Kim Brearley to its Women's Economic Justice (WEJ) leadership team.

These accomplished executives, with extensive leadership experience in both the private and public sectors, will contribute to strengthening CARE USA's efforts to advance gender equality and foster sustainable economic growth for women.

Wellington Pak joins CARE USA as the CEO of CARE Social Ventures (CSV), where he will shape CSV's long-term vision and expand its portfolio of businesses.

CSV bridges the gap between philanthropy and commerce by supporting local, sustainable businesses that provide jobs and income to those in need.

With a focus on investing in innovative startups aligned with CARE's areas of focus, including health, hunger, climate, and financial inclusion, CSV aims to become a leading impact incubator in the industry. Pak brings over 25 years of corporate strategy and growth experience, having previously served as CEO of FHI Ventures, an impact venture capital firm and accelerator.

Kim Brearley assumes the role of Managing Director of CARE Impact Partners (CIP), overseeing the CIP team's activities.

She will guide CIP's strategic direction, drive innovation and growth, and ensure the delivery of high-quality services to the companies CARE serves.

CIP helps organisations adopt a risk-smart approach to secure resilient and reputable supply chains while empowering people within them to earn living incomes and lead prosperous lives.

Before joining CARE, Brearley served as the CFO for THINKMD, a company focused on developing digital health solutions to improve healthcare access and outcomes, particularly in low-resource settings.

Mark Muckerheide, CARE USA's WEJ Associate Vice President, expressed his confidence in Pak and Brearley, emphasising that their diverse skill sets and commitment to women's financial empowerment will inspire growth and impact. The addition of these leaders will help CARE better engage the private sector and create opportunities for women to thrive economically.

CARE's Women's Economic Justice group, formerly known as Market-Based Solutions, encompasses five programmes: Village Savings and Loan (VSLA), Women's Entrepreneurship, CARE Impact Partners, CARE Social Ventures, and CARE Enterprises.

The group is dedicated to improving economic access for over 50 million women by 2030. By focusing on evidence-based programmes and bolstering resources to measure impact, CARE aims to create lasting change for women and their communities.

Michelle Nunn, CARE USA's President and CEO, expressed her excitement about the expansion of CARE Social Ventures and CARE Impact Partners, highlighting how these initiatives leverage CARE's network and expertise to engage the private sector and extend the organisation's impact. The newly expanded team is poised to build effective partnerships that empower women and drive transformative change.

Over the past five years, the Women's Economic Justice group has significantly expanded its programme scope and tripled its impact and investments from donors. This growth has propelled WEJ's sector rank from #18 to #3 among multi-sector international nonprofits utilising market-based approaches.

CARE invites donors, partners, and stakeholders to support its ambitious Women's Economic Justice programme. For more information about this important work, please visit https://www.care.org/our-work/womens-economic-justice/.

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Source: Care