President-elect Donald Trump Thursday named Goldman Sachs & Co. executive Dina Habib Powell as assistant to the president and senior counselor for economic initiatives.
Powell, 43, who served in the George W. Bush White House and at the State Department, will head up efforts that will focus on entrepreneurship, small-business growth and the economic empowerment of women.
At Goldman Sachs, Powell is the firm's global head of impact investing and is president of the Goldman Sachs Foundation.
"Dina Powell is a tremendous talent and has a stellar record of public service as well as a great career in the private sector," Trump said in announcing the appointment.
"She has been recognized for her strategic oversight of key programs and initiatives and is a leader in both economic growth and the crucial empowerment of women in various aspects of business development and entrepreneurial endeavors.
"I am proud to have her serve as a senior counselor in my administration, where I know she will produce great results working with the highly respected team of experts we have assembled," Trump said.
Powell said that the president-elect's administration "has a unique opportunity to unleash the untapped potential of small business owners and female entrepreneurs and by working together with the public and private sectors we can ensure they continue to be a critical part of growing the economy and creating jobs."
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