Dina Powell

Dina Habib Powell

Powell speaking at Chatham House, July 2015
Born Dina Habib
1973 (age 42–43)
Cairo, Egypt
Nationality American
Alma mater University of Texas
Occupation President of the Goldman Sachs Foundation
& Head of Impact Investing at
The Goldman Sachs Group, Inc
Board member of Harvard Business School Social Enterprise Initiative
American University in Cairo
Center for Global Development

Dina Habib Powell (born 1973) is an American business executive, philanthropist and former U.S. policymaker.[1] She is currently the head of Goldman Sachs’ Impact Investing business,[2] global head of corporate engagement and president of Goldman Sachs Foundation.[3] Prior to joining Goldman Sachs, Powell served as Assistant Secretary of State for Educational and Cultural Affairs, Deputy Undersecretary of Public Affairs and Public Diplomacy for the United States government, and as the Assistant to the President for Presidential Personnel, a senior staff member at the White House.[1][4]

Career

Goldman Sachs

Powell joined Goldman Sachs in 2007 as a managing director[1] and was named partner in 2010.[5] Powell oversees the firm’s impact investing business and serves as the president of the Goldman Sachs Foundation, in addition to her responsibilities as global head of the Office of Corporate Engagement and a member of the Goldman Sachs Partnership Committee.[3]

As leader of Goldman Sachs Impact Investing, Powell is responsible for a business with more than $4 billion in housing and community development investments across the U.S.[6][7]

In her role as president of Goldman Sachs Foundation, Powell leads one of the world’s largest corporate foundations with over $500 million in assets.[8] Powell helped build and is responsible for all the Foundation’s initiatives supporting and developing entrepreneurs around the world including, 10,000 Women and 10,000 Small Businesses. 10,000 Women has provided women entrepreneurs in developing countries with business education, access to capital and mentors.[9][10] Under Powell, Goldman Sachs has partnered with International Finance Corporation and Overseas Private Investment Corporation to raise 600 million dollars, to provide access to capital for more than 100,000 women worldwide.[11] Goldman’s 10,000 Small Businesses, which is co-chaired by Lloyd Blankfein, Warren Buffett, Michael Bloomberg and Michael Porter of Harvard Business School supports the growth and expansion of small business in the U.S. and UK.[12][13]

Powell also leads Goldman Sachs Gives, a donor-advised fund through which the firm’s current and retired partners can recommend grants in support of communities around the world. Goldman Sachs Gives was established in 2007 and structured as a vehicle to consolidate Goldman Sachs partners’ charitable giving.[14]

U.S. Government

Powell spent 15 years working in government on Capitol Hill, in the White House and in the State Department.[15] Under President George W. Bush, Powell served as Assistant Secretary of State for Educational and Cultural Affairs from July 11, 2005 through June 6, 2007.[16][17] Powell was also designated by Secretary of State Condoleezza Rice to the office of Deputy Undersecretary of State for Public Diplomacy and Public Affairs. In addition, Powell led the Bureau of Educational and Cultural Affairs.[16]

Prior to the State Department, Powell served as the Assistant to the President for Presidential Personnel, a senior staff member at the White House. In this role, she was responsible for assisting the President on the appointments of the cabinet, subcabinet and ambassadorial positions across the U.S. Government.[4]

Earlier on in her career, Powell worked on Capitol Hill in the House Leadership.[4]

Charitable and Public Activities

Powell is on the board of the Harvard Business School Social Enterprise Initiative, the American University in Cairo and the Center for Global Development. She is a member of the Council on Foreign Relations and a member of the Trilateral Commission. She was selected as one of the World Economic Forum’s Young Global Leaders.[3]

In 2007, Powell was presented with the American by Choice award during a special naturalization ceremony performed by Secretary of State Condoleezza Rice.[18]

External links

References

  1. 1 2 3 Kessler, Glenn (2007-05-02). "Top-Ranking Arab American Is Leaving State for Wall Street". The Washington Post. Washington, D.C.: The Washington Post Company. Retrieved 2015-09-11.
  2. ↑ de la Merced, Michael (2014-02-03). "Goldman's Charitable Foundation Chief to Lead Urban Investment Group". The New York Times. The New York Times. pp. n.p. Retrieved 2015-09-11.
  3. 1 2 3 "Dina Powell". World Bank Blogs. The World Bank. n.d. Retrieved 2015-09-11.
  4. 1 2 3 Gerhart, Ann (2005-01-11). "Dina Powell, the West Wing's Hire Power". The Washington Post. Washington, D.C.: The Washington Post Company. pp. C1. Retrieved 2015-09-11.
  5. ↑ Carney, John (2010-11-17). "Partnership Day at Goldman Sachs!". CNBC NET NET. CNBC LLC. Retrieved 2015-09-11.
  6. ↑ Rose-Smith, Imogen (2015-03-10). "An Urban Revival Grows in Brooklyn". Institutional Investor. Brooklyn, NY: Institutional Investor LLC. pp. 64–70. Retrieved 2015-09-11.
  7. ↑ Spielman, Fran (2015-08-28). "10,000 Small Businesses program thriving in Chicago". Chicago Sun-Times. Chicago, Ill.: Sun Times Network. Retrieved 2015-09-11.
  8. ↑ Kolhatkar, Sheelah (2012-05-24). "Goldman's Jobs Act". Bloomberg Businessweek. Bloomberg L.P. Retrieved 2015-09-11.
  9. ↑ White, Ben (2008-03-10). "A helping hand for women". Financial Times. The Financial Times Limited. Retrieved 2015-09-22.
  10. ↑ Lawrence, Christopher (2014-08-18). "Dina Habib Powell Wants to Invest In Your Future". Marie Claire. Hearst Communications. Retrieved 2015-09-11.
  11. ↑ <!—Staff writer(s); no by-line--> (July 27, 2015). "OPIC Announces Plans to Join Goldman Sachs 10,000 Women and IFC in the Women Entrepreneurs Opportunity Facility, Committing $100 Million to Enable 100,000 Women to Access Capital" (Press release). OPIC. Retrieved 2015-09-16.
  12. ↑ McGill Murphy, Richard (2011-01-18). "Goldman Sachs's gift to 10,000 small businesses". FORTUNE. Time Inc. Retrieved 2015-09-22.
  13. ↑ Walsh, Tom (2014-09-18). "Buffett, Bloomberg, Goldman add star power to graduation". Detroit Free Press. Gannett. Retrieved 2015-09-22.
  14. ↑ Banjo, Shelly (Dec 9, 2010). "Goldman to Donate $20 Million to Nonprofits". The Wall Street Journal. Dow Jones & Co. Retrieved 2015-09-22.
  15. ↑ Leive, Cindi (2014-06-11). "Success Secrets From a Wall Street Superstar". Glamour. Conde Nast. Retrieved 2015-09-11.
  16. 1 2 "Biography Dina Powell". Out of Date Biographies. U.S. Department of State. Retrieved 2015-09-11.
  17. ↑ Anderson, Melissa (2012-10-24). "Movers and Shakers: Dina Powell, President, Goldman Sachs Foundation and Global Head of Corporate Engagement, Goldman Sachs". The Glass Hammer. New York: Evolved People Media LLC. Retrieved 2015-09-11.
  18. ↑ <!—Staff writer(s); no by-line--> (2007-04-20). "Secretary Rice to Address Special Naturalization Ceremony; Assistant Secretary for Educational and Cultural Affairs Dina Habib Powell to Receive American by Choice Award" (Press release). U.S. Department of State. Retrieved 2015-09-16.
Government offices
Preceded by
Patricia Harrison		 Assistant Secretary of State for Educational and Cultural Affairs
July 11, 2005 – June 7, 2007 		Succeeded by
Goli Ameri
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