Mayor Vincent C. Gray today presented and swore in nine new members of the District’s Financial Literacy Council, which will be chaired by veteran financial-services advocate Tamara Haye Daufour and will help improve programs that educate District residents in how to manage their personal finances more effectively.
“Basic financial literacy is the essential prerequisite, along with working hard, to succeeding in our society. Unfortunately, though, some of our most disadvantaged residents never learn how to benefit in the long term from their hard work and maintain the wealth they earn – thus contributing to the perpetuation of poverty,” Mayor Gray said. “Working together, this council will guide programs that help residents learn how to manage their finances effectively and how to recover from hardships like bankruptcy and foreclosures.”
The Mayor named six members of the Council, including its chair. The remaining three members were designated by DC Council Chair Kwame R. Brown; Ward 7 Councilmember Yvette M. Alexander, who chairs the Council’s Committee on Public Services and Consumer Affairs; and District Chief Financial Officer Natwar M. Gandhi.
“In a world where interconnectivity is a daily experience, financial literacy is ever-more important,” Gandhi said. “People need to know immediately how much money they have, how much they are spending and how to use their money wisely. Without the proper training and education, they are at risk to lose everything without even knowing it is happening.”
Mayor Gray’s Appointees
- Tamara Haye Daufour will serve as the council’s chairperson. She has 13 years of experience working in the financial industry, including prior service at the DC Office of Contracting and Procurement and the DC Department of Small and Local Business Development (DSLBD). Since 2002, she has provided pro bono financial services to the public. Ms. Daufour lives in Ward 7.
- Brian Pick is the Deputy Chief Academic Officer for Curriculum and Instruction for the DC Public Schools. He is a Ward 1 resident.
- Idriys J. Abdullah is a Consumer Protection Advocate for the DC Department of Insurance, Securities and Banking (DISB). He lives in Ward 4.
- Joseph Vaughan is Vice President for Government Affairs & Political Director at the Securities Industry & Financial Markets Association. He is a Ward 4 resident.
- Yasuko Fumuro is Vice President for Public Relations at the Microfinance International Corporation. She is a Ward 2 resident.
- Kevin Wrege is President and Founder of Pulse Issues & Advocacy, LLC, a District-based advocacy, research and policy firm with an emphasis on the business and insurance industry. He lives in Ward 3.
Council Chairman Brown’s Designee
- Angela Joyner is the DC Council’s Deputy Budget Director for Public Education, Economic Development, and Regulation. She is a Ward 5 resident.
“Mayor Gray is to be commended for his leadership in appointing the new members of the Financial Literacy Council,” said Chairman Brown. “They will play an important role in helping District residents become even more knowledgeable on how to make informed financial decisions and learn about wealth building. Angela Joyner, a Ward 5 resident, is an accomplished financial and budgetary professional who will represent the Council with great distinction.”
Councilmember Alexander’s Designee
- Jamila Yore is a student and community leader and former Vice President of the National Association of Black Accountants. She is pursuing a Master’s of Business Administration degree at Howard University and lives in Ward 7.
“I believe Jamila will be a great asset to the Financial Literacy Council because she brings an ample amount of experience in the finance industry,” Councilmember Alexander said. “She has been successful in each position she has held and will be able to give valuable service while holding a position on the council.”
Chief Financial Officer Natwar M. Gandhi’s Designee
- Malik Muhammad is Financial Manager of the Debt Management Unit for the Office of the Chief Financial Officer. He is a Ward 1 resident.