Tuesday, July 27, 2010

Filling in the 'Missing Pieces': How Mary Ellen Iskenderian and Women's World Banking Are Redefining Microfinance


Mary Ellen Iskenderian remembers the moment when she discovered her purpose in life.

As a child, her parents often took her to visit her father's family in Turkey where she saw, for the first time, people living in utter poverty. She remembers thinking, "I don't want to spend my life looking the other way." She hasn't. After graduating from Georgetown University and Yale with degrees in management and international finance, she worked for 17 years for Lehman Brothers and an affiliate of the World Bank -- largely in Eastern Europe and the Soviet Union -- linking newly freed entrepreneurs with sources of capital. In 2006, she became president and CEO of New York City-based Women's World Banking (WWB), a global network of 40 microfinance institutions (MFIs) and banks in 28 developing countries.

See full Article.