iNDICA NEWS BUREAU-
An Indian American who is a senior executive of Mastercard has been appointed by President Joe Biden to serve as a member of the President’s Export Council, part of the U.S. Commerce Department’s International Trade Administration.
Shamina Singh, the founder and president of Mastercard’s Center for Inclusive Growth and the company’s executive vice president of Sustainability was appointed by Biden on July 14. “I am deeply honored to join the group of esteemed leaders that make up the President’s Export Council,” Singh says. “From the earliest days of my career, I’ve gravitated toward work that helps create long-lasting and inclusive prosperity for people and economies in the U.S. and around the world.
Singh has held senior positions in the White House and the U.S. House of Representatives. Singh was the Executive Director of the first President’s Advisory Commission on Asian Americans and Pacific Islanders. In 2015, she was appointed by President Obama and confirmed by the U.S. Senate to a six-year term on the board of AmeriCorps. She served as chair for two years. She serves on the boards of the Anti-Defamation League and the Ann Richards School for Young Women Leaders. Singh co-chairs the Ad Council of America’s Advisory Committee on Public Issues and serves on the Advisory Boards of the Aspen Institute Civil Society Fellowship and the New York Department of Financial Services Innovation.
She has been named to the Financial Times Top 100 LGBT+ Executives and Fast Company’s Queer 50 lists. Singh has studied at Harvard, Yale, Stanford, and the Indian School of Business. She earned a Bachelor of Science from Old Dominion University and a Master of Public Affairs from the Lyndon B. Johnson School of Public Affairs at the University of Texas, Austin. She received the alumni of distinction award from both institutions.
“Through that work, and particularly at Mastercard, I’ve learned how dialogue between the public and private sector can open bigger doors more widely than many other approaches, and I’ve seen firsthand the catalytic impact that can result from effective cross-sector partnership. I look forward to bringing this perspective to the Council, serving the Administration, and having an opportunity to advance America’s economic interests across the globe.”
The President’s Export Council serves as the principal national advisory committee on international trade. The Council advises the president of government policies and programs that affect U.S. trade performance, promotes export expansion, and provides a forum for discussing and resolving trade-related problems among the business, industrial, agricultural, labor, and government sectors.
At Mastercard, Singh has drawn on over 20 years of global experience to develop a unique social impact model that leverages the assets of the public and private sectors. In 2018, Mastercard created the Mastercard Impact Fund with an initial $500 million investment. Singh was named president and charged with activating those philanthropic dollars to advance inclusive growth and financial inclusion around the world. Her leadership has contributed to Mastercard’s global leadership and reputation.
