ACCION names new chief executive
By Chris Reidy, Globe Staff
The Boston Globe
Thursday, September 10, 2009

ACCION International, a Boston-based microfinance company, said it has named Michael Schlein as its president and chief executive.

Schlein, president of International Franchise Management at Citigroup, will succeed Maria Otero, who was recently appointed US Under Secretary of State for Democracy and Global Affairs, ACCION said in press release.

ACCION describes its mission as helping to alleviate global poverty by providing 'micro' loans, financial services, and business training to the world's entrepreneurial poor.