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Verite Capital Partners Appoints Sumit Majumdar as Vice Chairman, Chief Sustainability Officer, and Operating Partner
Verite Capital Partners has appointed Sumit Majumdar as Vice Chairman, Chief Sustainability Officer, and Operating Partner. Chairman and Managing Partner Don Jones announced the appointment, citing Majumdar's strategic value in advancing economically viable green initiatives for employment, energy, and agriculture. Majumdar, formerly President of Buffalo Biodiesel Inc., will oversee an international initiative to establish more than one million green jobs globally while reducing worldwide carbon emissions by one percent. Verite manages $7 billion in current obligations and over $20 billion in committed investments, positioning the firm to deploy capital at scale for long-term global impact.