The Century Foundation has announced the appointment of Philip Li as the think tank’s first ever chief administrative officer.

The new position is the first move in a broader strategy to revitalize the organization under new TCF president, Janice Nittoli.

“Phil has many good ideas and broad experience that ranges from nonprofit administration to corporate finance,” said Nittoli in a statement.

“I look forward to working under Janice’s innovative and energetic leadership to provide an environment that supports and enhances the ability of our fellows and staff to continue to produce and promote cutting-edge progressive thinking on issues of compelling importance to this country,” said Li.

Li, who will oversee all administrative operations, including finance, human resources and technology, previously served as chief operating officer at the Brooklyn Community Foundation and had a career on Wall Street before moving to the nonprofit sector.

Li begins his appointment on Dec. 19.

The Century Foundation, a progressive think tank, was founded in 1919 by retail industry innovator Edward Filene.