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Henry McKoy
Henry McKoy spent 10 years in Corporate Finance, Banking and Technology for Central Carolina Bank, National Commerce Financial, and SunTrust, as it grew from a publicly-traded statewide bank to America’s 7th largest publicly-traded bank with more than $134 billion in assets, 3400 branch and ATM units, and operations in a dozen southeastern states from Washington, DC to Florida to Mississippi. Henry was an executive at the bank’s corporate headquarters in the RTP area. After graduating from Kenan-Flagler Business School at the University of North Carolina in Chapel Hill in 1995, Henry joined CCB. It took him just 2 ½ years to move from that entry-level position to management after leading a large-scale technology project that managed the bank’s largest institutional client and helped the Central Processing Business Unit grow from a $3 million a year operation to one that grew to more than $3 billion a year in just 3 years.
With responsibility for both technology and financial operations of this business unit, Henry oversaw the operations of 30 employees in two states and seven regions with an annual operating budget of $1.2 million, responsible for 100% of the corporation’s centralized operations in Commercial, ATM and Night Deposit accounts. With his staff hitting 100% of its targeted goals each month from 1998-2003, Henry received a total of 8 banking awards during that span, including the bank’s highest award – “The Customer First Award” in 1999 at age 26 and multiple promotions. In both 1998 and 1999, CPD business unit was ranked second in the United States behind only Citibank of New York, which ran a much larger operation. Henry was chosen as a member of a select team of only 10 individuals from the entire organization to serve on the bank’s largest and most ambitious technology project – Forecaster – to electronically journal all operations systems from April 2001-January 2002.
In January 2002, at age 28, Henry was named an Officer of the bank. A year-and-a-half later, at age 30, Henry was picked to head the bank’s Cash Services Group which oversaw cash operations for the entire corporation, again becoming the youngest to hold that position. In that position, his staff managed the bank’s $17 billion cash group which included the entire fiscal and technological positions of NCF, CCB, First Market, CCB7, Wal-mart and El Banco branches and ATMs – at the time totaling 1,200 units. With a $5 million budget, his group was part of 140 projects a year – every opening, closing and divestiture that the bank took part in. This included the purchase of 4 Spanish market banks in Georgia and an exclusive partnership with Wal-Mart Stores to open 70 branches in the southeast, as well as the maintenance of partnerships with Kroger and Harris Teeter Stores throughout the Southeastern United States. Henry was part of the negotiation team that included other high level executives including the bank’s CIO and COO that saved the bank more than $400,000 a month in currency transportation cost. In addition, he led his group through a technological streamlining of operations which added $1.5 million monthly to the bank’s investment income through management of the CashForecaster system which utilized artificial intelligence technology and neural networks to forecast currency needs and consolidated usages.
Henry also served from 2000-2003 as Assistant Team Lead for the CCB Triangle United Way Partnership, giving group presentations to internal employees and community partners and helping to raise more than $1.5 million over 3-years as a product of increased giving each year. Since 1993, Henry has worked with non-profit and charitable organizations such as the Triangle United Way, the National Juvenile Diabetes Foundation, the Ronald McDonald House, Carr Court, Street Scene Teen Center, Elementary School Speaking Circuit, UNC Children’s Hospital, Jr. and Sr. High Speaking Circuit, North Carolina Science and Math Education Network, Mobil One Achievers Program for Inner City Kids, the International Special Olympics, Thanksgiving Day Food Drive, Adopt-a-Family Christmas Program, Angel Tree Network, Few Gardens Project After School Mentoring and Tutoring Program, Big Brothers and Big Sisters, Incorporated, the Spencer Foundation for Spinal Cord Research, Atlantic Coast Conference Outreach, and the NAACP.
In 1999, Henry founded the non-profit foundation think tank, OneVoice Institute of Business and Entrepreneurship, in the RTP area. The think-tank focuses on research involving the connection between sustainable economic development in low-wealth communities and K-12 educational reform across various demographics and introducing low-income kids to entrepreneurship and finance education. Over the years, OneVIBE has collaborated with several universities including scholars from the Kenan Institute of Free Enterprise at UNC-Chapel Hill and North Carolina Central University in Durham. Henry remains Chairman of that organization. His other board affiliations include the Wildacres Leadership Initiative Strategic Advisory Board and the Friday Fellow’s Grants Panel. Henry sits on numerous boards across North Carolina including the Community Development Committee Board with the Chapel Hill-Carrboro Chamber of Commerce which focuses on Sustainable Economic Development. He also serves as a judge for the Carolina Challenge – an $11 million UNC-Chapel Hill university-wide entrepreneurial initiative (the Carolina Entrepreneurial Initiative) funded by the Kauffman Foundation and housed at the Kenan Institute of Free Enterprise. He also a board member of Carolina Pros, Inc., a community service organization comprised of former UNC-Chapel Hill athletes formed by former Tarheel basketball players in 1993.
In 2003, Henry was nominated and selected to be a William C. Friday Fellow for Human Relations of the Wildacres Leadership Initiative, which identifies 25 top community leaders across North Carolina every two years from a nominating pool of 300 from the public, private, and government sectors, to spend two-years crafting ideas to make a positive impact on the state. In 2004, he was nominated by Dunn & Bradstreet and later recognized as a National Register “Who’s Who in Executives and Professionals” in the US and Canada. Later in 2004, he was selected as one of 25 from a nationwide pool of writers to spend a sabbatical week at Wildacres Retreat in Western North Carolina to work on an individual project.
Henry studied computer science, economics and business at the University of North Carolina in Chapel Hill, where he graduated from the Kenan-Flagler School of Business in 1995, with a Bachelor of Science in Business Administration graduating from the two-year program in only one year. He was a scholarship athlete and a four-year letterman as a member of the UNC Track and Field Team. Henry was a two-time NCAA First-team All-America, and part of NCAA National Championship mile relay squad (Carolina’s first championship squad) which was 1st in the Collegiate, American and World rankings in 1995 and #5 NCAA All-Time. He is still a part of two records at UNC and was inducted into the UNC Track and Field Hall of Fame in January 2006. Henry also served a two-year stint as founding President for UNC’s Track Fraternity which did community service and was a two-year Vice President and Lead Director of UNC’s Chapter of ACC Outreach, a community service organization with 1200 total members at 9 institutions from Maryland to Florida.
Henry currently serves as President and CEO of his own Consulting (TCON) and Information Technology (CASS Intelligence Networks, Inc.) firms, in the RTP area. Among his clients is the top performing school district in North Carolina, where he is helping them with K-12/High School educational reform. Henry has been a part-time instructor at Durham Technical Community College where he taught the flagship Money Smart curriculum, developed and sponsored by the Federal Deposit Insurance Corporation, aimed at educating students in an array of areas related to finance, banking, mortgages, credit, lending, asset management and investing.
Henry was born and raised in Fayetteville, North Carolina, graduating from Douglas Byrd Senior High School in 1991 where he was an Honor Student. His father retired from the 82nd Airborne Division after 35 years in 2004. Henry is married to Euba, a secondary math teacher and multi-team head coach at Durham Hillside High School where she is the Middle Years Coordinator for the International Baccalaureate Program and Assistant Athletic Director and 2006-2007 Teacher of the Year and Durham System Top 10 Finalist. Euba, is a former track and field All-American and record holder from UNC-Chapel Hill and a NC Teaching Fellows. Henry and Euba have two children – Jamila, 7-years-old and Jalen, 5-years-old.