Board of Directors


John Molster, Chair

John S. Molster is Managing Director with BB&T/Scott&Stringfellow. He has been advising families, private companies and foundations on investments for more than 35 years. John has served on boards including Venture Richmond, St. Christopher’s School, Jamestown-Yorktown Foundation, Inc., Virginia FREE, Medarva Foundation, Church Schools of the Diocese of Virginia, and the St. James Episcopal Church Endowment Fund. He is a member of the Leadership Metro Richmond Class of 2012.

John resides in Richmond with his wife Janie.  He is committed to helping the City progress and grow into an exceptional place to live and work. John was appointed to the EDA in 2014.

Nupa Agarwal, Vice Chair

Nupa Agarwal is an attorney with Agarwal Law Firm, a practice she founded in 2004. With over 15 years of practicing law and running a business, Nupa has focused her practice on bankruptcy law. In addition to her law practice, Nupa is a licensed and active realtor. She has successfully worked as a licensed realtor in Virginia for over 8 years. Last year, she was awarded top producer agent at her brokerage firm and works with commercial and residential clients.

Following law school, she spent three years as a law clerk at the Mississippi Court of Appeals clerking for Chief Judge William G. Bridges before returning to Virginia to be closer to her family. Prior to establishing Agarwal Law Firm, Nupa worked as staff attorney for the Virginia Department of Labor and Industry where she worked on various labor and employment issues including wage and hour violations, workplace discrimination and harassment. She also worked as a Staff Attorney and Legislative Liaison at the Department of Correctional Education where she also received her Senior Professional Human Resource Manager (SPHRM) certification and worked with the General Assembly on legislative issues. She was later an associate at Main Street Law firm specializing in bankruptcy.


An enthusiastic supporter of non-profits and community-oriented organizations, Nupa has served on the boards of Big Brothers Big Sisters Greater Richmond, Virginia League for Planned Parenthood, and The READ Center. Currently, she is on the Board of Directors of the Economic Development Authority of the City of Richmond, DemBizRVA and serves on the Canvas Advisory Board of the Virginia Museum of Fine Arts (VMFA). She also serves as the Director of Government Relations for the Cultural Center of India, Virginia (CCIVA) and was co-founder and is a current board member of the American India Foundation (AIF) Richmond Chapter. She is also a supporter of Stop Child Abuse Now (SCAN) and Fit for Kids.


Nupa earned a degree in Sociology from Randolph-Macon College where she also minored in Political Science, and Latin Studies. In her last year of college, she attended the Semester at Sea Program where she spent a semester traveling to 15 countries around the world learning about their culture and political structure. She went on to law school and earned a Juris Doctorate from the Mississippi College School of Law. While attending law school, Nupa also received a Masters of Science in Sociology from Mississippi College where she specialized in cultural anthropology.

Nupa has passed the Mississippi, New York, and Virginia Bar Exams.


She is married to attorney Amit Acharya who works for the Women, Infants, and Children (WIC) Program at the Virginia Department of Health. They love exploring the City of Richmond and afternoons boating on the James with their friends and family. Nupa was born in India, and at the age of two, her parents left India to find better opportunities in the United States. She grew up in Colonial Heights, Virginia.

Leonard Sledge, Secretary


Nathan Hughes, CBI, CCIM

Nathan Hughes is Principal Broker and Owner of Sperity Real Estate Ventures, which he founded in September 2015. He has been a full-time business broker and commercial REALTOR® since 2005. Combining the decades of full-service real estate and business brokerage experience with his own business and restaurant experience, Nathan has carved a niche for himself in the Richmond restaurant market and in the field of mixed-use development.

After several years of classes and preparation, Nathan earned his CCIM designation from the CCIM Institute in 2018. The CCIM designation denotes that the designee has completed advanced coursework in financial and market analysis, and demonstrated extensive experience in the commercial real estate industry. CCIM designees are recognized as leading experts in commercial investment real estate.

Nathan earned his CBI (Certified Business Intermediary) designation from the International Business Brokers Association in 2014. The CBI designation is only awarded to members that have met stringent educational and experience requirements, and that hold themselves to high ethical standards. Continuing education and constant improvement is a hallmark of a CBI.

Giving back to the industry and being involved in the community is important to Nathan. He currently serves on the Board of the Economic Development Authority for the City of Richmond, and in mid-2017 wrapped up a 3+ year term on Commission of Architectural Review for the City of Richmond. Nathan has been and continues to be very involved with the REALTOR® associations, currently serving as a Director on the Board for the Virginia Realtors and as a Director on the Board for the National Association of Realtors, as well as a variety of committee work on the local, state, and national levels. For several years, Nathan was involved with Special Olympics of Virginia, and helped each year with the planning of their fundraising event, Over the Edge.

Hossein Sadid, Treasurer

Hossein recently joined the Virginia Museum of Fine Arts and Virginia Museum of Fine Arts Foundation as their CFO and the Deputy Director for Finance and Administration. Prior to joining the Museum he returned to consulting after leaving his position of VP for Business and Finance and Treasurer at the University of Richmond. Hossein’s most recent consulting engagement was at the Smithsonian Institution. Relying on his broad financial and business education, expertise and experience, he undertook an in-depth analysis of existing organizational challenges, researched industry trends and developed customized organization centric plans for improvement.

In his role at Richmond for four years, Hossein oversaw all non-academic functions of the University including the Spider Management Company, an investment advisory company owned by the University. Prior to joining the University of Richmond in 2009, Hossein was a Higher Education consultant engaged primarily in assessing effectiveness of finance and business operations for several higher education institutions including MIT, Wake Forest University, Virginia Commonwealth University and National University of Singapore. Prior to his consulting engagements, Hossein worked at Case Western Reserve University, a private research university with a large academic medical center, for over twenty-eight years.  He joined Case as the director of internal audit and moved on to assume key financial and operational responsibilities involving controllership, campus safety, procurement, auxiliary enterprises and human resources.  Prior to leaving Case he held the title of Chief Financial and Administrative Officer (CFO/COO) to which he was appointed in May 2003. In this role, he was responsible for all finance and business, human resources, facilities, safety and security, campus services, controller, treasurer, budget, planning and internal audit functions of the University. He was also the financial and administrative liaison between Case and its affiliated hospitals (Cleveland Clinic, University Hospitals, Cleveland Metro General Hospital and Henry Ford Hospital in Detroit) and faculty practice plans.       

Hossein has served on a variety of boards and professional groups including the Spider Management Company (served as its secretary), Neighborhood Progress, Inc. (served as the chairman of its audit and finance committee), Medical Center Company (served as the president), LODOCO (served as the treasurer), National Association of College and University Business Officers, and Eastern Association of College and University Business Officers. He has been the President of the Medical Center Company, a consortium of non-profit University Circle institutions, for three one-year terms. He has served as faculty for the American Council on Education and the Society for College and University Planning.

Over the past three decades, Hossein has been a tireless advocate of community interests and diversity achieving numerous recognitions including nomination for the Visionary of the Year by the Urban League of Greater Richmond, the Hispanic Business Association Annual Award, the Medal of Freedom Award from the Cleveland Chapter of NAACP, the Governor’s Supplier Diversity Initiative award, the Northeastern Neighborhood Development Corporation’s Keystone Award for Outstanding Business Leadership, the Consortium of African American Organizations Business Development Award, and the Presidents Council Trailblazer Award.

Hossein holds an MBA in accounting and finance, and a postgraduate certificate in management information systems from Case Western Reserve University.  He is a Certified Public Accountant. Hossein has extensive international experience and speaks multiple languages. He is married with three children. 

Evan Feinman

Evan Feinman is both the Executive Director of the Tobacco Region Revitalization Commission and Governor Northam’s Chief Broadband Advisor.  He was previously Deputy Secretary of Natural Resources, Deputy Policy Director for the Governor McAuliffe’s transition team, and the McAuliffe campaign’s policy director.  Evan has worked on multiple campaigns at the state and federal level, and at the Commonwealth Institute, a budget and fiscal policy think tank in Richmond.

He received his bachelor’s degree from the University of Virginia, spent two years on a fellowship focused on energy and transportation policy, and then received his law degree from Washington and Lee University School of Law.  A Lynchburg native, Evan currently resides in Richmond with his wife, Annalisa Feinman, an attorney with the Richmond Public Defender’s office.