Rousos named President and Chief Executive Officer of New Covenant Trust Company

Jeffersonville, IN. (May 9, 2010) Gregory T. Rousos has been appointed President and Chief Executive Officer of New Covenant Trust Company (NCTC), a subsidiary of the Presbyterian Foundation. Mr. Rousos, who also serves as the Presbyterian Foundation's Executive Vice President and Chief Operating Officer, is a Certified Public Accountant and Certified Financial Planner^®.

"Greg has an impressive track record with the Foundation supported by strong financial results," said Robert McNeely, Chair of the New Covenant Trust Company Board. "He understands both NCTC's challenges and its opportunities which is a fundamental key to strategically align NCTC to better serve clients needs. His leadership experience provides him with the skills to ensure the company evolves and grows."

Mr. Rousos is excited about the opportunity for NCTC and said the following recently, “NCTC is a nationally chartered trust bank with a parent organization, the Presbyterian Foundation, has been around for over 200 years. It is very rare to find an organization with so much rich history and stability. That history and stability coupled with values based on Christian stewardship principles present exciting opportunities for NCTC.”

About New Covenant Trust Company, N.A.
New Covenant Trust Company (NCTC) provides financial planning, investment management and trust services to individuals and institutions throughout the U.S. NCTC was formed in 1998 as a means to broaden the efforts of the Presbyterian Foundation to cultivate, attract and manage financial resources to serve Christ's mission. As such, the unique features of NCTC center on its ability to offer traditional financial planning and investment management services in a manner consistent with the principles and values of Christian stewardship.