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Initiative on Financial Security Director Nominated to Serve as Undersecretary of Agriculture for Rural Development

May 9, 2014

Aspen Institute Initiative on Financial Security Executive Director Lisa Mensah (Photo Credit: Patrice Gilbert)

On May 8th, President Barack Obama announced his nomination of Aspen Institute Initiative on Financial Security (IFS) Executive Director Lisa Mensah to serve as Undersecretary of Agriculture for Rural Development under US Department of Agriculture Secretary Tom Vilsack.  

As an expert in identifying the best financial tools to improve the economic security of the working poor, Mensah will “guide programs that support community economic development and financing in broadband, telecommunications, distance learning, telemedicine, entrepreneurship, and business development in rural America,” said Institute Executive Vice President of policy and public programs, Elliot Gerson.

Mensah founded IFS in 2003, and since then the program has been dedicated to helping bring about the policies and financial products that enable all Americans to save, invest, and own.

“I’m deeply proud of the work Lisa has done at IFS,” said Institute President and CEO Walter Isaacson. “Helping assure that everyone has a decent opportunity and reducing wealth inequality are the political and moral imperatives of our time. Lisa has done so much to further these ideals, and we at the Aspen Institute will continue that work. In the meantime, I congratulate Lisa on this new chance to serve. The honor is a testament to her talent, vision, and her work at the Institute.”