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Campus entrance of Georgetown University, Washington, D.C. Campus entrance of Georgetown University, Washington, D.C. (Source: Shutterstock)

The board of directors for the $15.3 million Georgetown University Alumni and Student Federal Credit Union in Washington, D.C., said it appointed Matthew O’Donnell, less than two weeks after the student-run cooperative suspended its former President/CEO Kuran Malhotra.

O’Donnell was named CEO on Oct. 11, the same day that The Hoya, a Georgetown University student newspaper, published allegations that Malhotra allegedly “fostered a toxic work environment and engaged in instances of inappropriate touching in social settings.” The newspaper said these allegations were made by a high-ranking GUASFCU leader and three staffers at the Hilltop Microfinance Initiative, another student run non-profit organization that provides small business loans. Malhotra was also reportedly suspended from HMI where he was the CFO.

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Peter Strozniak


Credit Union Times

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