D2D Fund

• Timothy Flacke, Executive Director, D2D Fund
• Professor Tamar Frankel, Professor of Law, Boston University
• Robert Friedman, Founder, Chair of the Board and General Counsel, Corporation for Enterprise Development
• Fred Goldberg, Partner, Skadden, Arps, Slate, Meagher & Flom
• Professor Howell Jackson, Harvard Law School
• Keith Malbrue, Chief Operating Officer, Affinity Plus Federal Credit Union
• Lisa Mensah, Executive Director, Initiative on Financial Security (IFS), Aspen Institute
• Gail Snowden, Snowden Consulting Services, LLC
• Suzi Sosa, President and Founder, MPOWER Foundation
• Professor Peter Tufano, Harvard Business School
• Jim Wells, President, Wellspring Consulting International, Inc.

Biographies

Timothy Flacke, Executive Director, D2D Fund

Timothy Flacke is the Executive Director of D2D Fund, serves on the organization's Board of Directors and helped launch D2D in 2001. Tim has seventeen years experience helping lower-income people focus on saving in both the private and non-profit sectors.  He has worked as an independent consultant, author and grant writer in the field of asset development. In this capacity he co-authored The Individual Development Account (IDA) Program Design Handbook, successful grant applications under the federal Assets for Independence Act (AFIA) program, and Dollar $ense, a financial education curriculum for IDA programs. Tim was a VISTA volunteer at Central Vermont Community Action Council during the start-up phase of that organization's American Dream Demonstration IDA Program, Tangible Assets. Before entering the asset development field, Tim managed employee benefits, risk management and stock option plans for Filene's Basement, Inc., a chain of off-price apparel retail stores with 5,000 employees in 13 states. He holds a Masters in Public Policy from the Kennedy School of Government at Harvard University and a Bachelor of Arts in Philosophy from Boston College.

Professor Tamar Frankel, Professor of Law, Boston University

A member of the Boston University School of Law faculty since 1968, Professor Tamar Frankel is considered a leading expert in the areas of financial system regulation and corporate governance. She is the author of four major books: Trust and Honesty, America's Business Culture at a Crossroad (2006) (Oxford University Press); A two volume treatise Securitization ( 2d ed. 2006) (Fathom Publishing Company); A companion teaching book, Trust and Honesty in Real Life (with Mark Fagam) (2007) (Fathom Publishing Company); A four volume treatise The Regulation of Money Managers (2d ed. 2001) (with Ann Taylor Schwing)(Aspen Law & Business). Investment Management Regulation (3d ed. Fathom Publishing Company 2005)(with Clifford E. Kirsch);Professor Frankel has an L.L.M. and an S.J.D. from Harvard Law School and a diploma from Jerusalem Law.

Robert Friedman, Founder, Chair of the Board and General Counsel, Corporation for Enterprise Development

Robert Friedman is Founder, Chairman of the Board and General Counsel of the Corporation for Enterprise Development (CfED). Since CfED's founding in 1979, Mr. Friedman and CfED have worked extensively with public and private policymakers in state and local governments, corporations, private foundations, labor unions and community groups to design and implement innovative and effective economic development strategies. CfED's work emphasizes job creation through enterprise development, with a special concern for approaches that help establish sustaining economies in chronically depressed communities and among economically depressed populations. Bob is a graduate of Harvard College and Yale Law School.

Fred Goldberg, Partner, Skadden, Arps, Slate, Meagher & Flom

Fred Goldberg is a partner in the law firm of Skadden, Arps, Slate, Meagher & Flom. He first joined Skadden, Arps in 1986, following two years as Chief Counsel of the Internal Revenue Service. From 1989 until 1992, Mr. Goldberg served as Commissioner of the IRS, and during 1992 he served as Assistant Secretary of the Treasury for Tax Policy. Mr. Goldberg advises clients as special counsel on a wide range of complex transactional and compliance matters. In addition to tax opinion work and advice regarding novel tax administration issues, he has directed compliance and management reviews on behalf of senior executives and boards of directors of various companies. Resident in Skadden's Washington office, Mr. Goldberg was a Member of the National Commission on Restructuring the IRS, a Member of the Center for Strategic and International Studies National Commission on Retirement Policy, and Executive Director of the Bi-Partisan Congressional Commission on Entitlement and Tax Reform. He holds a B.A. and J.D. from Yale University.

Professor Howell Jackson, Harvard Law School

Howell Jackson is the James S. Reid, Jr., Professor of Law at Harvard Law School. His research interests include financial regulation, international finance, consumer protection, federal budget policy, and entitlement reform. Professor Jackson has served as a consultant to the United States Treasury Department, the United Nations Development Program, and the World Bank/International Monetary Fund. He is a member of the National Academy on Social Insurance, a trustee of the College Retirement Equities Fund (CREF) and its affiliated TIAA-CREF investment companies, a member of the panel of outside scholars for the NBER Retirement Research Center, and a senior editor for Cambridge University Press Series on International Corporate Law and Financial Regulation. Professor Jackson frequently testifies before Congress and consults with government agencies on issues of financial regulation. He is co-editor of Fiscal Challenges: An Inter-Disciplinary Approach to Budget Policy (Cambridge University Press 2008), co-author of Analytical Methods for Lawyers (Foundation Press 2003) and Regulation of Financial Institutions (West 1999), and author of numerous scholarly articles. Before joining the Harvard Law School faculty in 1989, Professor Jackson was a law clerk for Associate Justice Thurgood Marshall and practiced law in Washington, D.C. Professor Jackson received J.D. and M.B.A. degrees from Harvard University in 1982 and a B.A. from Brown University in 1976.

Keith Malbrue, Chief Operating Officer, Affinity Plus Federal Credit Union

Keith Malbrue is Chief Operating Officer of Minnesota’s largest credit union with state-based assets, Affinity Plus Federal Credit Union. Mr. Malbrue has been a key leader of Affinity Plus since November of 2000 when he joined as the Vice President of Information Technology. His efforts have served as the technological foundation that supports the organization’s unique member-driven strategy and relationship-based service commitment to its nearly 138,000 members. Mr. Malbrue has over 25 years of extensive information technology experience in the credit union industry. Prior to his tenure with Affinity Plus, Mr. Malbrue was the Vice President of Technology at Honeywell Federal Credit Union and has held positions at Premier Systems, Inc., a service bureau for over 200 credit unions. Mr. Malbrue has also worked for San Mateo Credit Union; Ultradata Corporation, a data processor vendor located in Pleasanton, California; and TRW Systems Federal Credit Union. Mr. Malbrue studied Computer Science and Business Law at Los Angeles Southwest College, El Camino College and Santa Monica College. He holds MERIT Certification from the Credit Union Management Enrichment Program, and is Franklin Quest trained.

Lisa Mensah, Executive Director, Initiative on Financial Security (IFS), Aspen Institute

Lisa Mensah is an expert in using financial tools to improve the economic security of the working poor. At IFS, Ms. Mensah leads an advisory board of corporate executives and experts to explore financial products that build wealth from birth to retirement for America’s working families. Ms. Mensah began her career in commercial banking at Citibank prior to working 13 years with the Ford Foundation. Serving as Deputy Director of Economic Development for the organization, Ms. Mensah led the Foundation’s work in microfinance and women’s economic development, and became the leading national funder of individual development accounts. Ms. Mensah holds an M.A. from the Paul H. Nitze School of Advanced International Studies of The Johns Hopkins University and a B.A. from Harvard University.

Gail Snowden, Snowden Consulting Services, LLC

Gail Snowden has devoted her life to building vibrant urban communities through over 35 years in the financial services industry and long involvement in philanthropy. Ms. Snowden retired from banking in 2004 as Executive Vice President, Strategic Alliances for Bank of America, a position she held after FleetBoston was acquired by Bank of America. In her three decades with Fleet and its predecessor BankBoston, Ms. Snowden held various posts but was perhaps best known for creating and growing to national prominence First Community Bank, a “bank within a bank” serving urban markets. Later, as Managing Director, Community Investment Group, she oversaw all activities related to Fleet’s work in urban and underserved markets, from lending to Community Reinvestment Act compliance. Ms. Snowden’s lifelong commitment to philanthropy led her to serve as President of the $73MM FleetBoston Financial Foundation and, later, as Treasurer and Chief Financial Officer of the $731MM Boston Foundation. She has been recognized with numerous civic awards and is the recipient of five honorary degrees, in addition to her BA in Sociology from Harvard / Radcliffe College and MBA from Simmons Graduate School of Management.

Suzi Sosa, President and Founder, MPOWER Foundation

Suzi Sosa is the President and Founder of the MPOWER Foundation, the philanthropic arm of the MPOWER Group, which includes a double-bottom-line venture capital fund, a business incubator and accelerator, and a portfolio of companies all delivering financial products and services to the underserved. The MPOWER Foundation supports not-for-profit programs that benefit the same underserved customers, for example investing in an interdisciplinary applied research lab, the Empowerment Lab, at the Harvard Center for International Development, to conduct rigorous investigations into the causes of market exclusion. Prior to joining MPOWER, Ms. Sosa served as an economic development specialist in the U.S. Department of Commerce, and preceding that, as a special advisor to Prime Minister Rafiq Hariri of Lebanon and subsequently to Premier Jennifer Smith of Bermuda. Ms. Sosa’s areas of expertise include: alternative financial services, legal institutions and economic growth, organizational development, social entrepreneurship, and the non-profit sector. She has a Master’s degree in Public Administration in International Development from the John. F. Kennedy School of Government at Harvard University and a B.A. from the University of Texas at Austin.

Professor Peter Tufano, Harvard Business School

Peter Tufano is the Sylvan C. Coleman Professor of Financial Management, and Senior Associate Dean for Planning and University Affairs at the Harvard Business School. Peter is the founder and President of D2D Fund, Inc. Peter’s research is in the field of consumer finance, mutual funds, and financial engineering. His work in consumer finance ranges from field experiments, large scale empirical projects, clinical research, and course development (including a new Executive Education offering on the subject.) Peter is a Research Associate at the National Bureau for Economic Research, serves as a Fellow of the Filene Research Institute, serves on the FDIC’s Advisory Committee on Economic Inclusion, oversees the FDIC’s consumer finance research program, and sits on the board of the LMI Institute and the Global Association of Risk Professionals. Peter earned his Ph.D. in Business Economics from Harvard University, his M.B.A. from Harvard Business School with high distinction as a Baker Scholar, and his A.B. degree in economics, summa cum laude, from Harvard College.

Jim Wells, President, Wellspring Consulting International, Inc.

Mr. Wells founded and manages Wellspring Consulting, which specializes in using technology to expand access to financial services for populations underserved by traditional financial institutions. Mr. Wells also works with a wide range of government, corporate, philanthropic and social organizations seeking to better serve the financial needs of low- to moderate-income consumers. Previously, Mr. Wells was Senior Vice President for Strategic Alliances at Electronic Funds & Data Corp, where he helped pioneer the concept of bank-centric, internet-based Electronic Bill Presentment and Payment (EBPP). Mr. Wells has over twenty-five years of management and consulting experience in traditional banking and non-traditional delivery of financial services with such firms as Citicorp, HongkongBank and MasterCard, in North America, Europe, Africa and the Middle East. Mr. Wells performed his post-graduate business course work at the C.W. Post Center, Long Island University and has a B.A. in Biology from the University of Miami.