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Professional Management

The CEIC is directed by Dr. Joseph Penbera, a former Senior Fulbright Scholar, University Dean, and one of the leading forecast economists in the nation. Dr. Penbera has significant international experience and has been a director of several major U.S. corporations. Dr. Penbera's research on alternative energy includes comprehensive studies of ethanol and corn production, and the economic and business implications for transition from fossil fuels. Dr. Joseph Penbera has been the lead economic consultant for EB-5 Centers in California, Florida, Texas, and Nevada. Dr. Penbera has also prepared hundreds of certified EB-5 job creation opinion letters accompanying successful I-526 and I-829s.

Dr. Joesph Penbera, Director

Dr. Joseph J. Penbera received his degrees from Rutgers, The Baruch School and The American University, and did postgraduate training at Harvard. Chairman of PenberaParis, a firm whose clients have extended globally and in many sectors, he has served on the boards of leading corporations, and as dean at two universities. Author of more than twenty books and articles, his most recent research was published this summer in The MIT/Sloan Management Review. Previously, he has been cited as one of the best forecast economists in the nation by Knight Kiplinger, editor, The Kiplinger Magazine, and received the Paul Harris Medal for outstanding civic service.

• joseph.penbera@ceic.us.com
• Phone: 1-559-360-3535

Michael Penbera, Executive Director

• michael.penbera@ceic.us.com
• Phone: 1-916-990-6599

Escrow Agent

The Escrow Agent for the CEIC is Heritage Bank, San Jose, California. Heritage provides federal government protection of CEIC bank accounts and is familiar with EB-5 processes, including the bank-to-bank clearances required by the U.S. Office of Financial Asset Control (OFAC).