Diana Farrell
| Diana Farrell | |
|---|---|
| Deputy Director, National Economic Council | |
|
In office January 28, 2009 – January 2011 Serving with Jason Furman |
|
| President | Barack Obama |
| Personal details | |
| Born | March 16, 1965 Bogota, Colombia |
| Political party | Democratic |
| Spouse(s) | Scott D. Pearson |
| Children | Two children, Sonia Pearson, 18 and Jasper Pearson 16 |
| Alma mater |
Wesleyan University Harvard Business School |
| Occupation | Economics |
Diana Farrell is the founding President and Chief Executive Officer of the JPMorgan Chase Institute, a global think tank dedicated to delivering data-rich analyses and expert insights for the public good.
Previously, Ms. Farrell was the Global Head of the McKinsey Center for Government (MCG), providing research, proprietary data, and other tools to support government leaders focused on improving performance. In addition, she was a leader of McKinsey’s global Public Sector Practice, and a member of their Partner Review Committee.
From 2009 to 2011, Farrell was Deputy Director of the United States National Economic Council (NEC) and Deputy Assistant on Economic Policy to President Barack Obama. She was also a member of the Presidential Task Force on the Auto Industry. While at the White House, Farrell directed interagency processes for the administration’s financial regulatory reform, housing and housing-finance policy, and innovation and competitiveness agendas.
On November 22, 2010, Farrell announced that she would be leaving the administration by the end of the year. Lawrence Summers, then the Director of the NEC, who had previously announced that he would return at the end of the year to Harvard University, noted that Farrell had "played a central role" in the efforts of the administration to encourage economic growth, restructure the auto industry, and respond to the housing crisis. Summers further stated: "Her natural talent as a policy maker and her good judgment made her invaluable in setting a course for economic recovery."
Prior to serving in government, Farrell was the Director of the McKinsey Global Institute (MGI), McKinsey & Company's economics research arm. While at McKinsey she was also a leader of the Global Financial Institutions and Global Strategy practices. Prior to joining McKinsey, she worked for Goldman Sachs in New York.
Farrell has a B.A. from Wesleyan University in Economics (College of Social Studies) and an M.B.A. from Harvard Business School. She is a member of Council on Foreign Relations, the Aspen Strategy Group, the Aspen Program on the World Economy, the Bretton Woods Committee, and the Trilateral Commission. She is a member of the World Economic Forum Global Agenda Council and was Vice-Chair of the organization’s Future of Government Global Agenda Council. She is on the Wesleyan University board of trustees and is married with two children.
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