Coast Funds’ board of directors is pleased to announce the appointment of Eddy Adra as its Chief Executive Officer. In this role, he’ll work closely with the board and lead a staff team that works to manage and deliver more than $110 million in financing for First Nations’ stewardship and economic projects.
In recruiting for a new CEO, Coast Funds’ board of directors oversaw an extensive and thoughtful recruitment process and partnered with an executive recruitment agency that works with First Nations.
Eddy joined Coast Funds in 2018 and served as Director, Finance and Chief Financial Officer before stepping into the role of Acting CEO, following the departure of longtime CEO Brodie Guy.
“Eddy is a proven leader and brings a strong record of service to First Nations and deep knowledge in the areas of conservation finance, governance, and operations,” says Dallas Smith, a member of Tlowitsis Nation and Chair of Coast Funds’ board of directors. “The board has strong confidence in Eddy’s ability to lead our staff team and grow our relationships with First Nations along the coast.”
In his four years at Coast Funds, Eddy’s leadership on financial management, fund diversification, and values-aligned investing has helped grow our organization’s capacity to provide financing, fundraising opportunities, and valued services for First Nations in the Great Bear Rainforest and Haida Gwaii.
“I’m humbled and honoured to lead the team at Coast Funds,” Eddy says. “From Guardian programs to renewable energy to generating sustainable economic development opportunities, First Nations are leading the way to a better future. I’m excited to work with our staff and board to continue to support First Nations’ goals for stewardship and economic development.”
Eddy’s appointment to the CEO role comes at an exciting time for Coast Funds as our team moves into strategic planning for 2023 to 2025 and continues to support First Nations leaders as they develop a transformational strategy to finance Indigenous marine stewardship.