Barbara J. Krumsiek
President, Chief Executive Officer, and Chair, Calvert Group, Ltd.
Director and Chair, Acacia Life Insurance Company
Barbara J. Krumsiek is Chair, CEO and President of Calvert Group, Ltd., an investment management firm headquartered in Bethesda, Maryland. Calvert manages approximately $14 billion in assets including equity, bond, and money market portfolios. Calvert offers a nationally recognized full family of sustainable and responsible mutual funds. Ms. Krumsiek also serves as Director and Chair of Acacia Life Insurance Company. Calvert and Acacia Life Insurance Company are subsidiaries of UNIFI, a mutual holding company based in Lincoln, Nebraska.
Ms. Krumsiek is recognized as a pre-eminent business leader in the Washington D.C. area serving on the boards of the Economic Club of Washington, D.C., and Federal City Council. In 2007, she served as Chair of the Greater Washington Board of Trade. In June 2008, she accepted the CEO Leadership Award in the large company category from the Washington Business Journal. In May, 2008, she was honored with the Latino Economic Development Corporation, LEDC Award and the Leadership Greater Washington, Cafritz Foundation Founders' Award for Leadership & Community Service. In 2007, Washingtonian Magazine included her among the "150 Most Influential People in Washington D.C." She has served on the Board of PEPCO Holdings, Inc. since 2007.
Ms. Krumsiek has led Calvert in several important initiatives pertaining to advancing women and minorities in business. With the support of the United Nations Development Fund for Women (UNIFEM), Calvert created the Calvert Women's Principles, a code of corporate conduct focusing on gender equality and women's empowerment. Calvert called on companies to adopt, model charter language for corporate nominating and governance committees focused on attaining diversity in corporate board rooms.
Ms. Krumsiek's community involvement is extensive. She is Vice-Chair of the Board of The Eugene and Agnes E. Meyer Foundation, and serves on the Council for the Future of Courant at New York University's Courant Institute of Mathematical Sciences. In addition, she is on the Board of Goodwill of Greater Washington and on the Women's Advisory Board for the Girl Scout Council of the Nations Capital. She was recently named "2008 Woman of the Year" by Pro Mujer, an international micro-finance and women's development network.
Graduating Phi Beta Kappa with honors from Douglass College, Rutgers University, Ms. Krumsiek received a Bachelor's degree in mathematics. She received a Master's degree in mathematics from the Courant Institute of Mathematical Sciences, New York University. In May, 2002 Georgetown University awarded Ms. Krumsiek the Degree of Doctor of Humane Letters, Honoris Causa, citing her work in advancing the critical dialogue regarding the role of business in society.
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