The Gates Foundation has appointed Sri Mulyani Indrawati, former Indonesian Minister of Finance as well as former managing director and chief operating officer of the World Bank, as a member of the board of directors of the Gates Foundation owned by Bill Gates.
The Gates Foundation assessed that Sri Mulyani's experience in economic and development policy would strengthen the foundation's governance and mission. "Sri Mulyani brings deep experience in shaping equitable economic outcomes - an important skill to achieve the foundation's long-term goals," said Gates Foundation CEO Mark Suzman as quoted on the official Gates Foundation website, Tuesday, January 13.
"His leadership will help ensure that our resources continue to be used to expand opportunity, drive inclusive economic growth, and improve outcomes for people around the world," he added.
Sri Mulyani joined when the foundation confirmed its direction for the next 20 years. Last year, the Chairman of the Gates Foundation, Microsoft founder Bill Gates, made a commitment to spend the foundation's endowment for two decades and focus on three goals: ending preventable maternal and infant deaths, ensuring the next generation grows without deadly infectious diseases, and lifting millions of people out of poverty.
"With 20 years to make the biggest impact on the lives of those who need it most, I am honored to join the Gates Foundation board to contribute to this challenging and exciting moment," said Sri Mulyani.
He said that the collaboration with this foundation began almost a decade ago. Sri Mulyani is also very motivated to bring her experience in global finance, economic policy, and good governance into an important effort to save lives and improve livelihoods.
At the same time, the foundation announced the establishment of the Africa and India Office Division (AIO) and the appointment of Hari Menon as president of the Global Growth and Opportunities Division (GGO).
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