Nate Barber, senior vice president and community development officer at South State Bank in Columbia, has been elected to the Board of Directors of Certified Development Corporation of SC (CDC).
Barber has been with South State Bank for 13 years in CRA and community development roles. He has an MBA from Indiana University and has served as an adjunct professor at the Darla Moore School of Business at the University of South Carolina as well as Shanghai International Studies University and Nantong University in China.
A Rock Hill native, Barber earned his bachelor’s degree in chemistry from USC and then worked for several corporations including Milliken, Lockheed, Alcoa and Merrill Lynch before joining the Small Business Development Center at Winthrop University, where he also was an assistant professor of business administration.
“I’ve had the privilege of helping South Carolinians realize their potential both in the classroom and out in the business world. It’s been an exciting ride and I’m looking forward to gaining yet another perspective by serving on the CDC Board,” Barber said.
“Nate Barber brings an exceptionally broad range of experience to the CDC Board. His combination of academic, manufacturing, big bank and community finance acumen gained and shared at home and abroad will help us help South Carolina’s entrepreneurial spirit continue to flourish and spread,” said Ewin O. Lesley, President and CEO of Business Development Corporation (BDC).
CDC is managed by Business Development Corporation of South Carolina (BDC), in which South State Bank’s John Windley, President and CEO, and Hobson Busby, EVP-Senior Credit Officer, serve on the BDC Board of Directors and the BDC Loan Committee respectively. In addition, South State Bank has been a member and stockholder of BDC for more than 20 years.
Since 1994, CDC has approved debenture financing for more than $392 million to more than 758 businesses in South Carolina. Total capital investment on these projects exceeds $1.12 billion, ultimately creating or retaining more than 8,400 jobs in the Palmetto State.