Wealth management firm and trust bank adds board member

People
Written By Adam Russo

Private trust bank Legacy Trust has appointed Skot Welch to its Board of Directors. Welch brings a multi-faceted business background that includes working as a global diversity and inclusion strategist, venture capital fund executive, industry thought leader, speaker, and author.

Welch is the founder and principal of Global Bridgebuilders, an organizational development, cultural transformation, and inclusion firm that serves enterprises throughout the world. He is also co-founder and managing partner of the New Community Transformation Fund, a $25 million venture capital fund focusing on entrepreneurs of color.

“Skot’s addition to our Board brings a new level of knowledge and professional experience to our strategic leadership,” said Tracey Hornbeck, President and CEO, Legacy Trust. “We are thrilled to add his global business and investment insight to our firm.”

Welch’s impact extends beyond the business community. He is an advocate for education and the arts. He is the founder of the Mosaic Film Experience, a nonprofit educational platform that empowers underrepresented youth to explore emerging and creative careers through storytelling. Welch has also been involved with the Greater Michigan Chapter of the National Black MBA Association and The Belonging Initiative.

“I am honored to join the other esteemed business leaders on the Legacy Trust Board,” said Welch. “Legacy is a premiere private trust bank that delivers unparalleled financial advice, wealth management counsel, and estate planning services. I look forward to working with other Board members to help the firm build on its outstanding reputation.”

Welch is a renowned speaker and published author. His works include "101 Ways to Enjoy The Mosaic: Creating a Diverse Community Right in Your Own Backyard," "Unfractured: A Christ-centered Action Plan for Cultural Change," and "Sayings to Inspire You Along the Way (And Maybe Even Change Your Life)."

“The Legacy Trust Board is comprised of many talented business and community leaders who help guide the firm’s strategic vision,” said Steven Heacock, Board Chair, Legacy Trust. “Skot’s global business experience, investing insights, and his commitment to inclusive practices in all aspects of society will further strengthen our organization.”

Adam Russo
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