Arinze Onugha Elected Chairman of DIFFvelopment's Board of Directors
New York, NY – International law firm Sullivan is pleased to announce that Arinze Onugha, an associate in the firm’s New York office, has been elected chairman of DIFFvelopment's Board of Directors.
"Arinze is a passionate and creative thinker and I have no doubt he will serve DIFFvelopment well," said Joel Carpenter, managing partner of Sullivan. "The firm has worked with DIFFvelopment on a pro bono basis since 2018 so we’re pleased to see the organization recognize the value of having a smart, committed Board Chairperson like Arinze."
DIFFvelopment is a New Jersey-based nonprofit organization that prepares black college students for life after college by educating them about the socioeconomic issues that commonly impact black graduates and exposing them to entrepreneurship as a viable career option. It pursues its mission by offering a 10-week summer internship program, where students develop a business concept and consult for a small business, and an action-oriented on-campus workshop that addresses wealth-building through entrepreneurship. (See www.diffvelopment.com for more details.)
"DIFFvelopment is a fantastic, forward-thinking organization, and I am beyond honored to have been asked to serve as its Board Chair," said Onugha, whose practice in Sullivan’s Corporate group is primarily focused on representing institutions investing in private investment funds, as well as private investment fund sponsors. "The organization’s relentless commitment to black economic development is laudable. I look forward to helping DIFFvelopment increase its community impact, form strategic alliances and achieve its mission of re-empowering people of African descent one student at a time."
Arinze is currently serving as a Fellow of the Leadership Council on Legal Diversity (LCLD). He is also a member of the New York University School of Law Board of Directors, a member of The Black TV and Film Collective Board of Directors and has previously been recognized by the Jackie Robinson Foundation as one of its "42 under 40" Distinguished Alumni.
Sullivan is a leading corporate law firm advising clients ranging from Fortune 500 companies to emerging businesses. With approximately 200 lawyers in Boston, London, New York, Tel Aviv and Washington, DC, the firm offers services in a wide range of areas, including corporate finance, banking, trade finance, securities and mutual funds, litigation, mergers and acquisitions, intellectual property, tax, real estate and REITs, private equity and venture capital, bankruptcy, environment and natural resources, renewable energy, regulatory law and employment and benefits. ZAG/Sullivan — a joint venture between Israel-based Zysman, Aharoni, Gayer & Co. and Sullivan — provides counsel to Israel-based companies and U.S. companies with Israeli interests on a variety of legal matters including access to capital markets, corporate issues, and tax. For more information please visit www.sullivanlaw.com.