By  on May 8, 2007

Gilbert Harrison, chairman and chief executive officer of Financo Inc., has been named co-chairman of the Educational Foundation for the Fashion Industries, an advisory and fund-raising group that supports the Fashion Institute of Technology.

Harrison will work with John Pomerantz, the foundation's chairman since 1999 and trustee emeritus of FIT's board of trustees.

Harrison is not a newcomer to FIT, having been on EFFI's board for the past 11 years. He was named to the finance committee in 2002 and joined the executive committee in 2006. From 1999 to 2001, Harrison pitched in on the committee for FIT's first capital campaign, Design for Success.

In a statement released Monday, FIT president Joyce Brown said, "With the decline of government funding for education, the need for assistance from the private sector is escalating. It is thanks to people like Gilbert that we can fulfill our long-term vision and goals."

Established in 1944, the EFFI, a private foundation, has raised $32.5 million since 2001, including the $15 million raised in three years toward the college's first capital campaign. The group has raised $7.8 million toward its $10 million scholarship campaign, which was initiated in 2002.

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