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March 06 2014

President Obama Selects John Hope Bryant for Service on the President’s Advisory Council on Financial Capability for Young Americans

LOS ANGELES – February 26, 2014 – Today, President Barack Obama selected John Hope Bryant  founder, chairman and chief executive officer of Operation HOPE to serve as a member of the President’s Advisory Council on Financial Capability for Young Americans (The Council) the empowerment nonprofit reported. This will be Bryant’s second appointment to The Council.

“It is an honor to serve the President Obama Administration and use my years of knowledge and experience to advance the understanding and financial capability for Americans,” said Bryant. “Strengthening the financial capability of our communities is an investment in our nation's economic prosperity.”

As a member of the committee, Bryant will work with the Secretary of the Treasury, the Secretary of Education, the Director of the Consumer Financial Protection Bureau, and other federal agencies to advise the President and the Secretary of the Treasury on how to promote financial capability among young Americans and encourage building the financial capability of young people at an early stage in schools, families, communities, and the workplace and through use of technology.

During his previous service, Bryant served as the Chairman of the Subcommittee on the Underserved and Community Empowerment for the President Obama’s Advisory Council on Financial Capability. Through his leadership, the formation of more than 100 local financial literacy councils for cities, counties and states have been officially announced.

Prior to serving the Obama administration, Mr. Bryant served U.S. President
George W. Bush as Vice Chairman of the U.S. President's Advisory Council on Financial Capability and Chairman of the council's Committee on the Under Served. Bryant has also assisted Presidents Bill Clinton and George W. Bush during their terms in office.

Joining Bryant for a term on The Council are the following members:

John W. Rogers, Jr., Appointee for Chair, President’s Advisory Council on Financial Capability for Young Americans

John W. Rogers, Jr., is the Chairman, CEO, and Chief Investment Officer of Ariel Investments.  Mr. Rogers was previously Chair of the President’s Advisory Council on Financial Capability from 2010 to 2013.  Mr. Rogers currently serves as a board member of Exelon Corporation and McDonald’s Corporation.  Additionally, he is a director of the Chicago Urban League, a trustee of The University of Chicago, Chairman of the Board of Directors for The University of Chicago Laboratory Schools, and a member of the board of the Nathan Cummings Foundation, where he serves on the Investment Committee.  Mr. Rogers was previously Chair of the President’s Advisory Council on Financial Capability from 2010 to 2013.  Mr. Rogers served as a Co-Chair for the Obama-Biden Presidential Inaugural Committee in 2009.  He received an A.B. from Princeton University. 

José Cisneros, Appointee for Vice Chair, President’s Advisory Council on Financial Capability for Young Americans

José Cisneros is the Treasurer of the City and County of San Francisco, a position he has held since 2004.  Mr. Cisneros served as Deputy General Manager for the San Francisco Municipal Transportation Agency.  Previously, Mr. Cisneros worked for IBM Corporation and Lotus Development Corporation as a Senior International Product Manager.  Prior to this, he was an Assistant Vice President at Bank of Boston.  He received a B.S. from the Sloan School of Management at the Massachusetts Institute of Technology.

Theodore J. Beck, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Theodore J. Beck is the President and CEO of the National Endowment for Financial Education (NEFE), a position he has held since 2005.  Mr. Beck also serves on the Federal Deposit Insurance Corporation Advisory Committee on Economic Inclusion, and as Chairman of the board of the Jump$tart Coalition for Personal Financial Literacy.  In 2010, he was appointed to the President’s Advisory Council on Financial Capability and was Chair of its Research and Evaluation Committee.  In 2008, he was appointed to serve as a Member of the President’s Advisory Council on Financial Literacy and served as Chair of the Outreach Subcommittee.  Prior to his appointment at NEFE, Mr. Beck served as Associate Dean of Executive Education and Corporate Relations at the University of Wisconsin-Madison School of Business.  Prior to joining the University in 1999, he spent more than 20 years in various positions for Citibank/Citigroup, including Managing Director and Market Manager.  Mr. Beck received a B.A. from the University of Notre Dame and an M.B.A. from the University of Wisconsin School of Business.

Sherry Salway Black, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Sherry Salway Black is the Director of the Partnership for Tribal Governance at the National Congress of American Indians.  Previously, she was the Senior Vice President of First Nations Development Institute.  Ms. Black is a member of the Honoring Nations Board of Governors.  She also serves on the boards of First Peoples Fund, the Johnson Scholarship Foundation, and the Hitachi Foundation.  Ms. Black is a member of the Oglala Lakota Nation in Pine Ridge, South Dakota. Ms. Black was a Member of the President’s Advisory Council on Financial Capability from 2011 to 2013.   She received a B.S. from East Stroudsburg University and an M.B.A. from the Wharton School of Business at the University of Pennsylvania.

John Hope Bryant, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

John Hope Bryant is the Founder, Chairman, and CEO of Operation HOPE, a nonprofit founded in 1992.  He is also the Co-Founder of Global Dignity and a member of the Forum of Young Global Leaders and Global Agenda Council for the World Economic Forum.  He served as Member of the President’s Advisory Council on Financial Capability from 2010 to 2013.  Prior to this, Mr. Bryant served as the Vice Chair of the President’s Advisory Council on Financial Literacy (PACFL) and as the Chairman of PACFL’s Committee on the Underserved. 

Anna Maria Chávez, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Anna Maria Chávez is the CEO of Girl Scouts of the USA.  Prior to her current role, Ms. Chávez served as CEO of Girl Scouts of Southwest Texas.  Before joining Girl Scouts, she held various roles for the State of Arizona, including Deputy Chief of Staff for Urban Relations and Community Development for former Governor Janet Napolitano, Director of Intergovernmental Affairs, in-house Counsel, and Assistant Director for the Division of Aging and Community Services at the Arizona Department of Economic Security.  Before working for the State of Arizona, Ms. Chávez worked as Senior Policy Advisor to former U.S. Secretary of Transportation Rodney E. Slater.  She served as Chief of Staff to the Deputy Administrator at the Small Business Administration (SBA) and Chief of Staff for the Office of Government Contracting and Minority Enterprise Development at SBA.  From 1996 to 1998, Ms. Chávez acted as Legal Counsel for the Federal Highway Administration.  She received a B.A. from Yale University and a J.D. from the James E. Rogers College of Law at the University of Arizona.

Kerry N. Doi, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Kerry N. Doi has served as President and CEO of the Pacific Asian Consortium in Employment since 1976.  Mr. Doi is also a board member of the Los Angeles Housing Partnership and the California Community Economic Development Association.  From 2009 to 2011, Mr. Doi served on the Federal Reserve Board’s Consumer Advisory Council.  He is a founding member of the National Coalition for Asian Pacific American Community Development.  Mr. Doi received a B.S. from California State University, Long Beach.

Ted Gonder, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Ted Gonder is the CEO of Moneythink, an organization he co-founded in 2009.   In 2012, Mr. Gonder served as Entrepreneur-in-Residence at the U.S. Citizenship and Immigration Services at the Department of Homeland Security (DHS).  Prior to serving at DHS, he founded The University of Chicago Entrepreneurship Society and Project Cooldown.  Mr. Gonder has also worked for several startup companies, including Kauffman Foundation.  He received a B.A. from The University of Chicago. 

Richard G. Ketchum, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Richard G. Ketchum is the Chairman and CEO of the Financial Industry Regulatory Authority (FINRA).  Prior to joining FINRA, Mr. Ketchum was CEO of NYSE Regulation, Inc., Chief Regulatory Officer of the New York Stock Exchange (NYSE), and General Counsel of the Corporate and Investment Bank of Citigroup, Inc.  Prior to Citigroup, he served as President of both the National Association of Securities Dealers and The NASDAQ Stock Market, Inc.  He also worked at the U.S. Securities and Exchange Commission for 14 years, where he served as Director of the Division of Market Regulation for eight years.  He served as a Member of the President’s Advisory Council on Financial Capability from 2010 to 2013.  Mr. Ketchum received a B.A. from Tufts University and a J.D. from New York University School of Law.

 Beth Kobliner, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Beth Kobliner currently writes a column about kids and money for The Huffington Post and www.Mint.com.  She has written about a range of personal finance topics for publications including The New York Times, Money,Parade, Reader’s Digest, Glamour, and Redbook.  Ms. Kobliner has been a regular contributor on public radio’s “Marketplace” and “The Takeaway”, and a repeat guest on NBC’s Today show, CNN, and MSNBC.  Ms. Kobliner served as content expert for Sesame Workshop’s financial education initiative, For Me, for You, for Later.  She was a Member of the President’s Advisory Council on Financial Capability from 2010 to 2013.  She received an A.B. from Brown University.

Kilandigalu (Kay) M. Madati, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Kilandigalu (Kay) M. Madati is the Head of Entertainment & Media on the Global Marketing Solutions team at Facebook, a position he has held since 2011.  From 2008 to 2011, Mr. Madati was the Vice President of Audience Experience at CNN Worldwide.  Previously, from 2007 to 2008, Mr. Madati was the Vice President of Marketing at Community Connect, Inc.  Mr. Madati began his career with BMW of North America where he held various positions, including Regional Marketing and Operations Manager from 2002 to 2004, Relationship and Multicultural Marketing Manager from 1999 to 2002, Sales and Marketing Manager from 1997 to 1999, and Management Associate from 1996 to 1997.  Mr. Madati received a B.A. from Georgetown University. 

Marc H. Morial, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Marc H. Morial is President and CEO of the National Urban League.  He has served as a Louisiana State Senator, Mayor of New Orleans, and President of the bi-partisan U.S. Conference of Mayors, where he served during the 9/11 crisis.  Earlier in his career, Mr. Morial practiced law and taught Constitutional Law and Business Law at Xavier University.  He served as a Member of the President’s Advisory Council on Financial Capability from 2012 to 2013.  Mr. Morial received a B.A from the University of Pennsylvania and a J.D. from Georgetown University Law Center.

Carol E. Quillen, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Carol E. Quillen is the President of Davidson College, a position she has held since 2011. Previously, Dr. Quillen was Vice President for International and Interdisciplinary Initiatives at Rice University.  At Rice University, Dr. Quillen was also a member of the history faculty, Director of the University’s Boniuk Center for the Study and Advancement of Religious Tolerance, and Vice Provost for Academic Affairs.  She received a B.A. from The University of Chicago and a Ph.D. from Princeton University.

Amy Rosen, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Amy Rosen is President and CEO of the Network for Teaching Entrepreneurship, a position she has held since 2008.  She is the Vice-Chair of the World Economic Forum’s policy council on youth unemployment and a member of the Council on Foreign Relations.  Ms. Rosen was the Vice Chair of the President’s Advisory Council on Financial Capability from 2011 to 2013.  Ms. Rosen served as a Fellow at the Broad Urban Superintendents Academy and as the Chief Operating Officer for New Visions for Public Schools.  Ms. Rosen also served as a Director of the Amtrak Board of Directors, Vice Chairman of the NJ Transit Board of Directors, Deputy Commissioner of the NJ Department of Transportation, and Senior Vice President of Lockheed Martin Information Management Services.   Ms. Rosen received a B.A. from Pitzer College. 

Charles W. Scharf, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans

Charles W. Scharf is the CEO and a Corporate Director of Visa Incorporated.  From 2011 to 2012, Mr. Scharf was a Managing Director of One Equity Partners, the private investment arm of JPMorgan Chase & Co.  From 2004 to 2011, Mr. Scharf served as CEO of Retail Financial Services at JPMorgan Chase & Co.  He was CEO of the retail division of Bank One Corporation from 2002 to 2004.  Mr. Scharf also served as Chief Financial Officer (CFO) of Bank One Corporation from 2000 to 2002.  Prior to Bank One, he was CFO of the Global Corporate and Investment Bank division at Citigroup, Inc. from 1999 to 2000.  From 1995 to 1999, he was the CFO of Salomon Smith Barney and its predecessor company.  Mr. Scharf received a B.A. from The Johns Hopkins University and an M.B.A. from New York University. 

The White House release can be found through this link