BUSINESS SPOTLIGHT n SHAKERS & MOVERS
Derrick Wallace
D
errick Wallace is the Chairman
and Owner of Construct Two
Group (CTG). CTG, a construction
management firm was founded
in 1990. Through the leadership of Mr.
Wallace, the company has grown to a
corporation with headquarters offices
in Orlando. CTG provides construction
services to a diverse clientele including
some of Central Florida’s most prestigious
organizations.
Mr. Wallace has served as project executive
on many of CTG’s projects. He is a hands-
on leader who continuously challenges his
project teams to provide quality services
and to fulfill the needs of the surrounding
community.
Mr. Wallace continues his community-
minded philosophy by involving himself
in many noteworthy organizations. He is
a founding member of 100 Black Men of
Orlando, Inc., an organization established
to improve the quality of life in the African
American community through educational
and economic opportunities.
In 2003, Mr. Wallace served as Chairman
of the Metro Orlando Economic
Development Commission’s Education
Foundation. In 2002, Mr. Wallace served
as a Commissioner for the Orange
County Transportation Commission and
as Commissioner for the Governor’s
Commission on Workers’ Compensation
Reform. In 2001, he was appointed to
serve an annual term as the first minority
Chairman of the Metro Orlando Economic
Development Commission (EDC), a private-
public commission that works to attract
businesses to the area and helps existing
businesses expand. He has also been
involved with the following boards: Prison
Rehabilitative Industries and Diversified
Enterprises (P.R.I.D.E), Florida Chamber of
Commerce, Businessforce, Central Florida
Innovation Corporation, Central Florida
Technology Partnership and Goodwill
Industries of Central Florida.
Mr. Wallace has dedicated himself to
helping other minority/women business
enterprises succeed. He was a founding
trustee and member of the Minority/
Women Business Enterprise Alliance and
the Businesses for Better Education.
He served as the President of the Orange
County Branch of the National Association
for the Advancement of Colored People.
In 2008, CTG ranked #1 – “Central Florida’s
Golden 100 – Fast 5” by the Orlando
Business Journal. CTG also received an
Excellence in Construction, Eagle Award
for the Winter Haven Area Transfer Facility
project from Associated Builders and
Contractors, Inc.
Florida State University’s 1998 Jim Moran
Institute Entrepreneurial Excellence Award.
In 1999, he received the Graduate Client of
the Year Outstanding Performance Award
from the Black Business Investment Fund.
A native and long-time resident of Orlando,
Florida, Mr. Wallace attended Florida A&M
University and graduated Magna Cum
Laude - 1975 with a Bachelor’s of Science
Degree in Accounting and a minor in
Business Administration.
Mr. Wallace has continued his education
by completing several executive education
programs including: the Rollins College
Crummer Graduate School of Business
Management Program, Northwestern
University’s Kellogg School of Manage-
ment’s National Minority Supplier Diversity
Council’s Advanced Management Educa-
tion Program and the Minority Director
Development Program.
CURRENT ORGANIZATIONS
• Board Member, Fifth Third Bank,
Central Florida Region. Role: Review
and advise bank growth and its
relationship with the community. n
In 2006, Mr. Wallace received the Florida
A&M University Distinguished Alumni in
Business Award and the Minority Advocate
Magazine’s 100 Fastest Growing Businesses
recognition award in Washington D.C.
Currently, he holds a seat on the Fifth Third
Bank Community Board.
Mr. Wallace has received numerous
accolades from the business community
including the following awards: Orlando
Regional Chamber of Commerce’s 2001
Distinguished Leadership Alumni; National
Minority Supplier Diversity Council’s 2001
Regional Supplier of the Year; Small Business
Administration North Florida District’s 1998
Small Business Person of the Year and
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