Expert Panel on Financing Education

Alice Albright

Alice Albright

CEO, Global Partnership for Education

Bio

Ms. Alice P. Albright was appointed as the first Chief Executive Officer of the Global Partnership for Education’s Secretariat in February 2013. Since joining the Global Partnership for Education, Ms. Albright has led efforts to strengthen the Secretariat, including a successful replenishment in 2014, two internal restructurings, the design of a new funding model and the launch of a new strategic planning process.

From July 2009 until January 2013, as a political appointee, she served in the Obama Administration as the Executive Vice President & Chief Operating Officer of the Export-Import Bank of the United States (Ex-Im Bank). While in that position, she led a significant expansion of Ex-Im Bank’s operations in response to the financial and economic crises. Ms. Albright also launched a number of initiatives to modernize Ex-Im and extend its reach to underserved businesses and markets.

From 2001 to 2009, Ms. Albright served as the Chief Financial and Investment Officer for the Global Alliance for Vaccines and Immunizations (GAVI) and from 2003, additionally, as the head of GAVI’s Washington, DC office. Working closely with GAVI’s partners, she helped develop and implement the strategy that transformed GAVI from a start-up to one of the most successful and respected public-private partnerships working in international development. Ms. Albright led GAVI’s innovative finance program which enhanced the delivery and financing of vaccines and immunization services in the world’s poorest countries. Ms. Albright led GAVI’s efforts to design and launch the International Finance Facility for Immunization, an award-winning program to enhance GAVI’s ability to finance the purchase of vaccines. During this period, she also co-chaired the working group that designed the Advanced Market Commitment mechanism.

Ms. Albright serves on the Board of Regents at Mercersburg Academy, the Board of Directors of the UNESCO Institute of Statistics, and the Strategic Advisory Group of the Hilleman Labs. She is a member of the Council on Foreign Relations. She graduated with a BA with Honors in History from Williams College, holds an MA from Columbia University’s School of International and Public Affairs, and is a Chartered Financial Analyst.

Caroline Anstey

Caroline Anstey

Group Managing Director and Global Head, UBS and Society – UBS

Bio

Caroline Anstey is the Global Head of UBS and Society. The UBS and Society program is cross-divisional and covers all of the UBS activities and capabilities in the areas of sustainable and values-based investing, philanthropy and community interaction. Caroline has extensive experience in the areas of development, finance and communications. In her recent role she served as counselor to the president of the Inter-American Development Bank.

Before that, she worked at the World Bank for over 18 years in various roles, including as managing director with responsibility for operational policy and as a member of the World Bank Group senior management team. She also served as World Bank representative to the inter-governmental G20 and the G7. Prior to joining the World Bank, she was a Senior Producer and Editor at the BBC. Caroline has a Ph.D. from the London School of Economics and Political Science and a post-doctoral research fellowship from Oxford University.

Bertrande Badré

Bertrande Badré

Visiting Fellow, Peterson Institute for International Economics and Senior Advisor, World Economic Forum

Bio

Bertrand Badré, Visiting Fellow at the Peterson Institute since February 2016, is the former World Bank Group chief financial officer where he oversaw the finance and risk management units across the Group. His areas of expertise include banking, capital markets, the World Bank Group, and international and development finance, including regulation and crisis management. His research focuses on developing the “Billions to Trillions” agenda using capital markets, insurance transformation, and infrastructure investment to spur development.

Prior to joining the World Bank in 2013, Badré was the group chief financial officer at Société Générale. He also served as the chief financial officer of Crédit Agricole from July 2007 to July 2011. Between 2004 and 2007, Badré was a managing director of Lazard in Paris and responsible for the Financial Services Group. In 2003, he was invited to join President Jacques Chirac’s diplomatic team and was closely involved in the preparation of the G-8 summit in Evian. In that capacity, he served as the president’s deputy personal representative for Africa and as a spokesman for the working group on new international financial contributions to fight poverty and fund development, which produced the Landau Report. In 2002, he was a member of the World Panel on Financing Water Infrastructure chaired by Michel Camdessus.
Badré is a graduate of ENA (Ecole Nationale d’Administration) and Institut d’Etudes Politiques de Paris. He also studied history at Paris IV University (La Sorbonne), and graduated from HEC (Hautes Etudes Commerciales in Paris) business school.
Kristin Clemet

Kristin Clemet

Managing Director, Civita; Former Minister of Education and Research and Former Minister of Labour and Government Administration, Norway

Bio

Kristin Clemet is general manager of Civita, a liberal think tank in Oslo. She has had a long history of public service. She was elected to the Norwegian Parliament for the Conservative Party in 1989, where she served as Minister of Labour and Government Administration (1989-1990). She later became editor-in-chief of the Conservative Party’s journal Tidens Tegn from 1993 to 1997 and Vice Managing Director of the Confederation of Norwegian Enterprises from 1998 to 2001.

She served as Minister of Education and Research from 2001 to 2005. As Minister of Education and Research, Clemet became known for her work in carrying out “The Quality Reform” (Kvalitetsreformen) in the Norwegian university system. She has a Master of Business Administration from the Norwegian School of Economics.

Ronald Cohen

Ronald Cohen

Chairman, Portland Trust

Bio

Sir Ronald Cohen is Chairman of the Global Social Impact Investment Steering Group and The Portland Trust.  He is a co-founder and director of Social Finance UK (2007-11), Social Finance USA, and Social Finance Israel, and of Big Society Capital. He was co-founder and Chair of Bridges Ventures (2002-2012). He chaired the Social Impact Investment Taskforce established under the UK’s presidency of the G8 (2013-2015), the Social Investment Task Force (2000-2010) and the Commission on Unclaimed Assets (2005-2007).

In 2012 he received the Rockefeller Innovation Award for innovation in social finance. He co-founded and was Executive Chairman of Apax Partners Worldwide LLP (1972-2005). He was a founder, director and Chairman of the British Venture Capital Association and a founder and director of the European Venture Capital Association.

He is a graduate of Oxford University, where he was President of the Oxford Union. He is an Honorary Fellow of Exeter College, Oxford.  He has an MBA from Harvard Business School to which he was awarded a Henry Fellowship.

He is a member of the Board of Dean’s Advisors at Harvard Business School and Vice-Chairman of Ben Gurion University. He is a former director of the Harvard Management Company and the University of Oxford Investment Committee. He is a former member of the Harvard University Board of Overseers (2007-2013), former Trustee of the British Museum (2005-2012) and a former trustee of the International Institute for Strategic Studies (2005-2011).

In 2007, Sir Ronald published The Second Bounce of the Ball – Turning Risk into Opportunity.

Gene Frieda

Gene Frieda

Global Strategist, Moore Capital Management

Bio

Gene Frieda is a partner and senior global strategist at Moore Capital, focusing on global macroeconomic and financial sector policy issues. Prior to joining Moore in 2007, he served as the Global Head of Emerging Markets Research and Strategy and worked as a proprietary trader at RBS between 2002 and 2007, based in London. Between 1995 and 2002, Mr Frieda ran Global Emerging Markets research, Asian research and Latin American research at various points for IDEAGlobal and 4Cast from bases in New York, London and Singapore.

Mr Frieda earned his M.Sc. in Economics from the London School of Economics and holds B.A. degrees in Political Science and Economics from the University of Oklahoma. He is the vice-chairman of the World Economic Forum’s Global Agenda Council on New Economic Thinking and an associate of the Political Economy of Financial Markets project at Oxford University. He is a regular op-ed contributor to the Financial Times and Project Syndicate.

Sanjeev Gupta

Sanjeev Gupta

Deputy Director, Department of Fiscal Affairs, IMF

Bio

Sanjeev Gupta is the Deputy Director in the Fiscal Affairs Department of the International Monetary Fund (IMF). He has also worked in the IMF’s African and European Department. Mr. Gupta has led IMF missions to some 25 countries in Africa, Asia, Europe and the Middle East and represented the IMF in numerous international meetings and conferences. Prior to joining the IMF, he was a fellow of the Kiel Institute of World Economics, Germany; Senior Faculty (equivalent to a full Professor) in the Administrative Staff College of India, Hyderabad; and Secretary (Economic Affairs) of the Federation of Indian Chambers of Commerce and Industry. He was also a lecturer at the Panjab University of India.

Mr. Gupta has authored/coauthored over 150 papers on macroeconomic and fiscal issues covering advanced, emerging and low-income countries and authored/coauthored/co-edited ten books; the most recent ones are The Economics of Public Health Care Reform in Advanced and Emerging Economics, Energy Subsidy Reform: Lessons and Implications, and Equitable and Sustainable Pensions: Challenges and Experience, all published by the IMF.

Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala

Chair, GAVI; Former Minister of Finance, Nigeria

Bio

Dr. Ngozi Okonjo-Iweala is a Senior Adviser at Lazard and Chair of GAVI. She was previously the Minister of Finance in Nigeria and Coordinating Minister for the Economy. In this role Dr. Okonjo-Iweala was responsible for managing the finances of Africa’s most populous nation and one of the world’s fastest growing economies. From December 2007 to August 2011, she was Managing Director of the World Bank where she had oversight responsibility for the World Bank’s $81 billion operational portfolio in Africa, South Asia, Europe and Central Asia. She also spearheaded initiatives to assist low-income countries during the food crisis and later the financial crisis, and chaired the raising of $49.3 billion in grants and low-interest credit for the world’s poorest nations.

Before that, she was Nigeria’s Finance minister for three years and was briefly Minister of Foreign Affairs. As Minister of Finance, she spearheaded the negotiations with the Paris Club of Creditors that led to the wiping out of US$30 billion of Nigeria’s debt. Prior to her government service, she spent 21 years at the World Bank, rising to the position of Vice President and Corporate Secretary.

Dr. Okonjo-Iweala serves or has served on numerous boards and advisory groups, including the Rockefeller Foundation, the African Institutes of Science and Technology, the Center for Global Development, the Clinton Global Initiative, and the newly-formed African Risk Capacity – an institution of the African Union charged with insuring African countries against the risk of climate change.  In 2011 and 2012 she was named one of the 100 most powerful women in the world by Forbes, and one of 100 Top Global Thinkers by Foreign Policy. A Distinguished Fellow of the Brookings Institution, she is also the author of several books and articles. Dr. Okonjo-Iweala earned a bachelor’s degree in economics at Harvard University and a Ph.D. in regional economics and development from the Massachusetts Institute of Technology.

Arif Naqvi

Arif Naqvi

Founder and Group Chief Executive, Abraaj Group

Bio

Arif Naqvi established The Abraaj Group in 2002 and has served as its Group Chief Executive since inception, building it into one of the leading private equity firms in the world. Abraaj is widely recognized as a pioneer of global growth markets and private equity with over 20 country offices including 5 regional hubs in Dubai, Istanbul, Mexico City, Nairobi and Singapore. Mr. Naqvi has over three decades of experience of investing in public and private companies and has led the Group’s investment strategy, resulting in some of the most notable private equity transactions across global growth markets over the last decade.

Mr. Naqvi is a Trustee of the Interpol Foundation and is on the Board of the United Nations Global Compact. He is also a Columbia Global Leadership Council member and is an Honorary Fellow of the Royal College of Art in London.

Mr. Naqvi has been the recipient of numerous awards, including the Oslo Business for Peace Award, the highest form of recognition given to individual private sector leaders for fostering peace and stability through business, and the Sitara-i-Imtiaz, a prominent civilian honor awarded by the Government of Pakistan. In 2011, Private Equity International named him as one of the 50 most influential people in the global private equity industry.

In 2008, Mr. Naqvi and his family established the Aman Foundation, the largest private social sector enterprise in Pakistan, which supports sustainable development in healthcare, nutrition and education.

Mr. Naqvi is a graduate of the London School of Economics and Political Science.

Jeffrey Sachs

Jeffrey Sachs

Special Adviser, United Nations Secretary-General

Bio

Jeffrey D. Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. He is Special Advisor to United Nations Secretary-General Ban Ki-moon on the Millennium Development Goals, having held the same position under former UN Secretary-General Kofi Annan. He is Director of the UN Sustainable Development Solutions Network. He is co-founder and Chief Strategist of Millennium Promise Alliance, and is director of the Millennium Villages Project. Sachs is also one of the Secretary-General’s MDG Advocates, and a Commissioner of the ITU/UNESCO Broadband Commission for Development. He has authored three New York Times bestsellers in the past seven years: The End of Poverty (2005), Common Wealth: Economics for a Crowded Planet (2008), and The Price of Civilization (2011). His most recent books are To Move the World: JFK’s Quest for Peace (2013) and The Age of Sustainable Development (2015).

Professor Sachs is widely considered to be one of the world’s leading experts on economic development and the fight against poverty. His work on ending poverty, promoting economic growth, fighting hunger and disease, and promoting sustainable environmental practices, has taken him to more than 125 countries with more than 90 percent of the world’s population. For more than a quarter century he has advised dozens of heads of state and governments on economic strategy, in the Americas, Europe, Asia, Africa, and the Middle East.

Sachs is the recipient of many awards and honors, including membership in the Institute of Medicine, the American Academy of Arts and Sciences, Harvard Society of Fellows, and the Fellows of the World Econometric Society. He has received more than 20 honorary degrees, and many awards and honors around the world. Professor Sachs is also a frequent contributor to major publications such as the Financial Times of London, the International Herald Tribune, Scientific American, and Time magazine.

Prior to joining Columbia, Sachs spent over twenty years at Harvard University, most recently as Director of the Center for International Development and the Galen L. Stone Professor of International Trade. A native of Detroit, Michigan, Sachs received his B.A., M.A., and Ph.D. degrees from Harvard.

Lawrence Summers

Lawrence Summers

Charles W. Eliot University Professor and President Emeritus, Harvard University; 71st Secretary of the Treasury for President Clinton; Director of the National Economic Council for President Obama

Bio

Lawrence H. Summers is President Emeritus of Harvard University. During the past two decades he has served in a series of senior policy positions, including Vice President of development economics and Chief Economist of the World Bank, Undersecretary of the Treasury for International Affairs, Director of the National Economic Council for the Obama Administration from 2009 to 2011, and Secretary of the Treasury of the United States, from 1999 to 2001.

He received a bachelor of science degree from the Massachusetts Institute of Technology in 1975 and was awarded a Ph.D. from Harvard in 1982. In 1983, he became one of the youngest individuals in recent history to be named as a tenured member of the Harvard University faculty. In 1987 Mr. Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation (NSF) and in 1993, he was awarded the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40.

He is currently the Charles W. Eliot University Professor at Harvard University. He and his wife Elisa New, a professor of English at Harvard, reside in Brookline with their six children.