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"Financial education allows individuals and families to accumulate assets and achieve their financial goals. A positive spillover from that process is greater economic stability in our communities."

Charles L. Evans
President and CEO
Federal Reserve Bank of
Chicago

Practical Money Skills for Life

"There are many barriers to financial inclusion — from gender, to age, to education and from income, to geography, to language. No matter where you’re from or what you do, you are more likely to be financially included if you are financially literate."

Jason Alderman
Senior Director
of Financial Education
Visa Inc.

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2011 Summit Biography
Ian H. Solomon
United States Executive Director
The World Bank
Speaker

The Honorable Ian Solomon is the United States Executive Director of the World Bank Group. Mr. Solomon was nominated by President Barack Obama and confirmed unanimously by the United States Senate. As the U.S. Executive Director, he represents the United States as the largest shareholder on the executive boards of the World Bank Group institutions.

Previously, Mr. Solomon was Senior Advisor to the Secretary of the United States Department of the Treasury on international and domestic issues, including working on the Administration’s global food security initiative as a member of Secretary Geithner’s senior staff. From March 2005 through November 2008, Mr. Solomon served as Legislative Counsel to then-U.S. Senator Barack Obama working on issues relating to poverty, economic development, government reform, tax, budget, banking, and finance.

Before coming to Washington DC, Mr. Solomon was Associate Dean at Yale Law School overseeing finance and administration. He co-taught a popular seminar on negotiation and conflict resolution and was actively involved in urban economic development initiatives. Mr. Solomon served as Chairman of the New Haven, Connecticut Port Authority and as Treasurer to revitalize New Haven’s world-renowned Shubert Theater. He directed an initiative to increase small and minority business contracting with the City of New Haven, and worked to grow businesses and create jobs through technology transfer by Yale University.

Mr. Solomon was a consultant with McKinsey & Company in New York, where he helped global financial institutions, media companies, and non-profit organizations realize strategic and operational opportunities. He advised the CEO of the Upper Manhattan Empowerment Zone, a major urban economic development initiative, and served as Acting Director of its lending subsidiary for small businesses and entrepreneurs.

Originally from New York, Mr. Solomon lived in South Africa during the period of transition to nonracial democracy. He co-authored two chapters in "No More Tears..." Struggles for Land in Mpumalanga, South Africa (Africa World Press, 1997).

Mr. Solomon received his bachelorís degree magna cum laude from Harvard College and his law degree from Yale Law School. He lives in Maryland with his wife and their two sons.

 
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