NYU Stern

2009 BSP News Archive


NYU Stern’s Citi Leadership and Ethics Program Dedicates Year to Microfinance

Head of Women’s World Banking, Mary Ellen Iskenderian, Chosen as Program’s Distinguished Fellow

November 12, 2009

Considering market-based approaches to tackle the world’s most intractable social problems is exactly the type of study NYU Stern’s Citi Leadership and Ethics Program was created to explore. Marking its 7th year, the Program appointed Mary Ellen Iskenderian, President and CEO of Women’s World Banking (WWB), the world’s largest network of microfinance institutions and banks, as this year’s Distinguished Citi Fellow in Leadership and Ethics. Having got her start in investment banking, Iskenderian soon after refocused her career on alleviating poverty, determined to more closely align her passion for finance with her values. Today, she is considered a leading voice for women’s leadership and participation in microfinance, and is a strong advocate for the role of capital markets in the sector.

Iskenderian joined WWB in 2006, bringing to this leadership role more than 20 year of experience, largely from the private sector arm of the World Bank, in building global financial systems throughout the developing world. Based in New York, she heads a global team that provides hands-on-technical services and strategic support to 40 top-performing microfinance institutions and banks in 28 countries in Africa, Asia, Eastern Europe, Latin America and the Middle East. The WWB network collectively reaches more than 20 million clients, of whom 74 percent are poor women entrepreneurs. With the Citi Foundation’s longstanding support of microfinance, coupled with Stern’s strength both in finance and in attracting one of the highest percentages of women to its MBA program, Iskenderian is an exemplary choice for this year’s Fellow.

Iskenderian will keynote the Citi Program’s annual spring conference for Stern students and alumni, and throughout the academic year, she will interact informally with faculty and students. The Stern community will benefit from her insights on microfinance and the role of women entrepreneurs in improving emerging economies, as well as her perspective on leadership and professional responsibility.
March 6, 2009 – Where The Market Meets The Environment

The sixth annual conference organized by the Citi Leadership & Ethics Program and NYU Stern’s Markets, Ethics & Law Program - with generous support from the Citi Foundation - will bring together academics, practitioners, and selected students to discuss and examine the challenges and opportunities business faces in relationship to the environment.

The conference will take place on Friday, March 6, 2009 at NYU Stern School of Business from 8:30 a.m. – 2:30 p.m. Our keynote speaker is Fred Krupp, President, Environmental Defense Fund, and Stern’s 2009 Citi Fellow in Leadership and Ethics.

Panels will focus on Economics and Politics of “Cap and Trade” and Entrepreneurship, Innovation, and Sustainability. Confirmed panelists include: Mark Brownstein-Environmental Defense Fund, Lewis B. Kaden-Citigroup, Miriam Horn-Environmental Defense Fund. The panels are timed to allow for discussion, and we hope our guests will take the opportunity to contribute their comments to the sessions.

During lunch our featured speaker will be Van Jones, President, Green For All.

If you have any questions you may contact our conference administrator, Autherine Allison at aallison@stern.nyu.edu.

Stern's Citi Leadership and Ethics Program Emphasizes Market Solutions to Environmental Challenges, names Fred Krupp as its 6th Distinguished Fellow

February 7, 2009

In a year during which the issues of global warming and reducing the world's carbon footprint have moved solidly into the mainstream, NYU Stern's Citi Leadership and Ethics Program is focusing on the use of market-based approaches to address environmental challenges as its core theme. This global issue represents just one of several in which business and society intersect, an area that Stern and the Citi Foundation aimed to occupy with the creation of this partnership program six years ago.

Accordingly, Stern has appointed Fred Krupp, head of the innovative Environmental Defense Fund (EDF) NGO, as its 6th Distinguished Citi Fellow in Leadership and Ethics. Krupp is widely recognized as the foremost champion of harnessing market forces for environmental ends. He was the architect of the market-based acid rain reduction plan in the 1990 Clean Air Act -- the Economist's "greatest green success story of the past decade," and now the model for current congressional proposals to address climate change. Krupp has broken new ground with strategic corporate partnerships, and helped launch the U.S. Climate Action Partnership, whose Fortune 500 members have called for strict limits on global warming pollution. The New York Times says, "Krupp has made a career of successfully pushing companies to make tough environmental changes." Krupp is coauthor, with Miriam Horn, of New York Times Best Seller, Earth: The Sequel - The Race to Reinvent Energy and Stop Global Warming.

Krupp will keynote the Citi Program's annual conference for MBA students and alumni on Friday, March 6, 2009. The discussion will center on the economics and politics of "cap and trade," and leveraging entrepreneurship and sustainability to achieve environmental goals. Conference participants will include Van Jones, president of Green For All, a national organization dedicated to building an inclusive green economy strong enough to lift people out of poverty. About the Citi Leadership and Ethics Program Established in 2003, NYU Stern's Citi Leadership and Ethics Program, made possible through the generous support of the Citi Foundation and managed by Stern's Markets, Ethics and Law Program, represents a comprehensive effort on behalf of the School to extend its longstanding commitment to the practice of professionally responsible business. Fred Krupp is serving as the sixth distinguished fellow under the program, which also supports the development of curricular and research innovations in the area of leadership and ethics. Krupp follows in the footsteps of five previous fellows, which have included such luminaries as Arthur Levitt, John Biggs, Harvey Goldschmidt, Charles D. Ellis and Alice Tepper Marlin.

Find out more about the Citi Leadership and Ethics Program at NYU Stern.