The Middle Market Investment Banking Association (MMIBA) was launched this month, with a mandate to educate and certify mid-market banking executives. The fledgling organization has paired off with the National Association of Certified Valuation Analysts (NACVA), which will provide administrative, back office and infrastructure support as the MMIBA establishes itself. The McLean Group chairman Dennis Roberts chairs the new organization, while Jones Day partner Andrew Sherman, Enterprise Services founder Scott Miller, and McLean Group senior managing director Andy Smith sit on the board of directors. Parnell Black, who co-founded the NACVA, is also a board member.
Initially, the MMIBA will offer education and training programs through the NACVA's Consulting Training Institute education arm.