SOURCE: Milken Institute

Milken Institute

June 23, 2016 14:39 ET

Milken Institute Center for Financial Markets Appoints Two to New Positions

WASHINGTON, DC--(Marketwired - June 23, 2016) - The Milken Institute's Center for Financial Markets today announced two senior-level appointments in the areas of innovative finance and financial-markets policy, naming Aron Betru as Managing Director and Michael Bright as Director.

"Aron Betru brings years of successful experience in innovative finance across a range of policy sectors, and Michael Bright brings deep, high-level expertise in housing finance and financial-markets regulation," said Staci Warden, Executive Director of the Center for Financial Markets. "Together they will help advance our agenda to improve access to capital and to shape the policy debate on critical financial issues."

Betru leads efforts to expand and leverage the Institute's resources to enhance social impact. Betru was co-founder and CEO of Financing for Development and held international development roles at the United Nations Foundation and at Dalberg Global Development Advisors. Before taking those positions, he worked in the private sector at McKinsey & Co. and Goldman Sachs. Betru is a member of the Council on Foreign Relations and serves on the board of the Calvert Foundation.

"It is an exciting time to join the Milken Institute's Center for Financial Markets," said Betru. "With the challenges of expanding access to capital both domestically and internationally, and the explosion of opportunities in innovative financing and technology to support it, the Center's work has never been more vital."

Bright leads the Center's housing finance program and also works on issues related to international and domestic financial-market regulation and policy. Prior to joining the Institute, Bright worked in the office of U.S. Senator Bob Corker, advising on a range of Senate Banking Committee issues. He was the principal author of S.1217, the "Corker-Warner" Housing Finance Reform and Taxpayer Protection Act, which was approved by the Banking Committee in 2014. Bright's private-sector experience includes work at asset management company BlackRock and at PennyMac.

"The opportunity to help policymakers better understand and sort through technical issues related to global financial markets is what excites me about joining the Milken Institute, especially in the area of housing finance reform, where the Center for Financial Markets is already conducting pioneering work on the challenges of reform with Senior Fellow in Residence Ed DeMarco," Bright said.

Both Betru and Bright are based at the Center's headquarters in the Milken Institute's Washington, D.C. office.

About the Milken Institute
The Milken Institute is a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health. It does this through independent, data-driven research, action-oriented meetings and meaningful policy initiatives.

About the Center for Financial Markets
The Center for Financial Markets promotes financial market understanding and works to expand access to capital, strengthen -- and deepen -- financial markets, and develop innovative financial solutions to the most pressing global challenges.

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