She currently serves on the boards of The Roger Lehecka Double Discovery Center at Columbia University, the Korean American Community Foundation and The Li.st, a community of high impact women in media, business and tech. It was 1987, he was a freshman at Harvard and he had read an article casting doubt on a high-flying new company called Home Shopping Network. [9] Baonam Nam Giang serves as the Community Engagement Manager for the Anti-Hate and Belonging Program at The Asian American Foundation (TAAF). Previously, she worked at UCLA, the White House Initiative on AAPIs and the Department of Health and Human Services, and served on boards of the National Council for Asian Pacific Americans, Little Tokyo Service Center, Congressional Progressive Caucus Center, National Asian Pacific American Womens Forum and National Low Income Housing Coalition (NLIHC). During the Covid-19 pandemic, Peng and his wife Cherry, both Chinese Americans, organized the donation of over one million masks to first responders and helped raise funds for medical supplies in Hubei province, aid to families displaced by the pandemic and early resources for vaccine development. He called his move to halt redemptions one of the most difficult decisions I ever made. The next year he recovered, up 62%. He received an MBA from INSEAD, Fontainebleau, France in May 1976. Jerry Yang co-founded Yahoo! She wrote an early community response guide to hate crimes for OCA managed the publication of a national audit of anti-Asian violence and lobbied for stronger federal hate crime law for the AAAJ-AAJC. Zakaria holds a B.A. weaponization of the dollar. He co-founded Alibaba Group, a global Internet technology company headquartered in China, in 1999, and serves as the companys executive vice chairman. Currently she serves as a board member of Asian American Futures and the Asian American Action Fund. Oops! "If ever there was a time for collaboration, it is NOW. In January 2021, Marcelo joined venture capital firm New Enterprise Associates (NEA), where she's focused on helping other female founders get the funding they need. Based in the Bay Area, she serves on the San Francisco chapter's Steering Committee at Project by Project, a 100% volunteer-run nonprofit organization that focuses on giving back to the AAPI community and developing AAPI leaders through innovative philanthropy. Sign up for notifications from Insider! Video- Jesse Dylan, Priscilla Cohen, Natsu Furuichi, Graham Riley, Janine Sax, Sarah Choi, Yvonne King, Jaime Arze, Michael Aloyan, Charles van der Poel, Abhi Chacko, Ali Rubin, Patti Solis Doyle, Wenchi Wei, Selena Shen, Nik Deogun, Tanya Takahashi, Deepali Bagati, Neal Arthur, Karl Lieberman, Tobey Bennett, Madeline Parker, Gino Click, Kevin Kaminishi, Yukino Moore, Jasmine Sarbaz, Andy Lindblade, Alysha Kishan, Jesse Collins, Kimmie Kim, Carol Donovan, Sandra Restrepo, Joe Bouye, Amanda Silverman, Anna Bailer, Chelsea Thomas, Sandi Halimuddin, Christine Su. Park was selected as a David Rockefeller Fellow of the Partnership for New York City in 2011-12. Prior to joining the WBG, he served as the President of Dartmouth and held professorships at Harvard Medical School and the Harvard School of Public Health. This flurry of bad news is coming hot on the heels of a stellar 2021 for Citadel, a year when the hedge fund gained 26% and Griffin personally earned $2.5 billion. The investment valued the brokerage at $22 billion, increasing Griffins net worth by $5 billion in the process. As a healthcare entrepreneur, Norman was the founder and CEO of Asia Renal Care, a network of specialty medical centers in six countries, and co-founder of DeltaHealth Hospital, a world-class hospital in partnership with Columbia Heartsource. Then I realized Ive been way too big-picture. The investment values Citadel Securities at about $22 billion. European stocks and the Nasdaq are down nearly 18%. And if we see key buyers around the world back away from owning Treasuries and other dollar assets, we will pay a much higher cost on that debt for years to come. Claire Kai-Li Mondry serves as a Development Associate at The Asian American Foundation (TAAF). Norman is passionate about building organizations in both the nonprofit and private sectors that positively impact society. In April 2020, at the outset of the pandemic, the couple donated personal protective equipment and ventilators to hospitals and underserved institutions in New York, New Jersey, California and the city of Detroit. Citadel founder and CEO, Ken Griffin: "The catastrophe in Ukraine is a giant unforced error.". Virtu, one of the largest HFTs handling retail stock trades, is a public company and wasn't included on the list. In April, 2003, he was named President and CEO of MIC. As a human resources leader, he launched initiatives to address and revitalize organizational culture and climate, developed inclusive performance processes, and designed professional learning programs. What has driven those returns is his close study of macrotrends and his uniquely powerful position at one of the fulcrums of global finance. Stay up to date with what you want to know. She serves on the boards of Scholars at Risk, African Leadership University, and the Massachusetts Museum of Contemporary Art (MASS MoCA). In his free time, Rohit loves to workout, explore Chicagos amazing restaurants, and spend time with his wife Kethaki and their kids Neeraj and Neetu. In his free time, he enjoys serving as a youth group leader, playing basketball, snowboarding, and spending time in nature with his wife and daughter. He bought put options, betting that the stock would fall, and made a few thousand after it collapsed. Creating independence from the U.S. on high-end technology has become an existential issue, because they cannot rely on us., Its baffling to Griffin that America, with plentiful natural resources, is not self-sufficient in oil. Claire joins TAAF from the Design Trust for Public Space where she assisted with fundraising for public space and place-making initiatives in New York City. When it comes to equities, the firm accounts for more than 25% of all U.S. trades, 40% of retail trades and more than 30% of stock options volume. Peng Zhao (simplified Chinese: ; pinyin: Zho Png) is a Chinese-American businessman who is the CEO of Citadel Securities. He is a Henry Crown Fellow of the Aspen Institute and a member of the Council on Foreign Relations. Bernadette Cruz is Director of Operations at The Asian American Foundation managing vendor relations, contracting processes, and oversees effective procedures throughout the organization. Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch. Previously, Lisa EPd and hosted Our America on OWN. Additionally, Ken manages his family investment office and serves as Senior Advisor to The Carlyle Groups natural resources division. Ethos was acquired by Starbucks Coffee Company in 2005. She helped scale the Finance team through the exponential growth of Devoted Health. superiority?. She served as a political appointee under three presidents on the National Security Council, at the U.S. Department of State, and the U.S. Agency for International Development, and most recently as the first-ever Special Representative to Muslim Communities. She graduated from the University of Chicago, where she double majored in Art History and Anthropology with a specialization in Edo period Japanese tattoos. DRW was one of the earliest financial institutions to embrace bitcoin, mining and trading the digital asset through its Cumberland subsidiary starting in 2014. What broke the quiet prop trader out of its shell? The controversy that once engulfed them has largely subsided, with the notable exception of those that pay retail brokers like Robinhood for customer trade orders, a practice called payment-for-order-flow that's garnered a stern look from regulators and lawmakers over the past year. Tong Yuan was adopted from China and raised in Seattle, Washington. I joined TAAF to help amplify the voice of the AAPI community and to ensure that all Asian Americans will have an opportunity to thrive now and in the future.". A Harvard University graduate, Lin helped pave the way for his Harvard team to become nationally-ranked for the first time in its history along with making their first NCAA Tournament appearance since 1946. Zhao joined Citadel in 2006 and rose to global head of market-making at Citadel Securities. Board members share their ambitions in founding TAAF. He founded Himalaya Capital in late 1997 and has been running its principal fund ever since. Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and the Thomas and Barbara Stephenson Senior Fellow on Public Policy. He is from China. In casino terms, Citadel Securities is the house. He previously served as Head of Global Market Making, where he oversaw Citadel Securities'. Lee has been featured in PBSs film series Asian Americans and has been interviewed for many news shows, podcasts, and publications. He serves as a director of Starbucks and FedEx. He has worked for UNDP in Micronesia, and served as a delegate to the Secretariat of the Pacific Regional Environmental Program and WASC accreditation teams for universities and colleges in the Pacific. Zoom is a proud partner of TAAF on the AAPI Giving Challenge. Both VCs are aggressively involved in crypto, signaling a shift for Griffin, one of the most vocal critics of digital assets. Jane Street has a stranglehold on the bond ETF market in particular, coupling an ultra-fast algorithmic approach with human trading intuition and holding positions at times for days or longer an eternity compared with the traditional standards of high-frequency trading. Charity has an MPA from Princeton University's School of Public and International Affairs and a BA from the University of California, Berkeley. from the Yale School of the Environment and a B.A. While privately owned, the firm operates like a multi-strategy hedge fund with individual, autonomous trading teams a departure from competitors with flat, collaborative cultures. from Georgetown University Law Center. But the electronic trading giant also gained infamy during the GameStop short-squeeze in 2021, becoming a boogeyman among conspiracy-minded retail traders for its close ties to Robinhood, the popular no-fee trading app. Hes now worth $27.2 billion, but he has bigger things on his mind than the size of his personal fortune. She also has promoted representation of Asian Americans in media and society, civic participation, ESOL, and educational access. Christine Ho is the Development Associate at The Asian American Foundation, playing a key role in advancing TAAF's mission and vision through revenue-generating activities and partnerships for TAAF. James Perry, a co-founder of Madison Dearborn Partners, donated $350,000. She brings her expertise in guiding leading organizations in culture, technology, fashion, and retail, first as as Head of Strategy at 2x4, a globally recognized design and branding agency, leading projects for clients including Google, Prada, MoMA, and Target, and as a Strategy Director at UNIQLO's Global Creative Lab. The 2008 financial crisis hit Citadels flagship fund with 50% losses, bringing the firm dangerously close to failing. With Tsais support, Yale launched the Tsai Center for Innovative Thinking at Yale (Tsai CITY) to inspire students from diverse backgrounds and disciplines to seek innovative ways to solve real-world problems from climate change to civic engagement. Joshua Cooper Ramo is Chairman and CEO of Sornay. He has been a board or advisory council member at The Nature Conservancy (CA), Childrens Medical Foundation (HK), SF Marine Science Institute, and Positive Coaching Alliance. Founded in 2002, HRT handles about 8% of the US daily stock-trading volume, but it also develops algorithms to trade in derivatives, FX, fixed-income, and, like several of its competitors, cryptocurrencies. Born in South Korea, raised in Pennsylvania, Kim began his career on stage after graduating from Haverford College and earning an MFA from NYU. In 2015, Kim launched his production company 3AD to feature traditionally underrepresented in front of and behind the camera. She is active in non-profits, public advocacy, and advising on emerging markets. They're also recognized as critical liquidity providers in a variety of asset classes, including equities, fixed-income, derivatives, ETFs, and, increasingly, digital assets. The firm was cofounded in 1998 by Mark Gorton, who started out as an electrical engineer at a Lockheed Martin predecessor and later worked as a fixed-income prop trader at Credit Suisse First Boston. Peng Zhao is Chief Executive Officer of Citadel Securities, a global financial services firm with offices across the United States, Asia-Pacific and Europe. in 1995 with fellow Stanford graduate student David Filo and served on its board and as a member of its executive team until 2012, including as CEO from 2007 to 2009. Prior to his appointment, Chen was the Director of the Cities & States program at the Ford Foundation, where he worked to make housing more affordable, promote more equitable land use practices, and empower communities to have a powerful decision-making voice in U.S. cities and in developing countries. Rohit serves as The Asian American Foundations Head of People, Talent and Culture, where he takes a lead role in developing TAAFs culture and values while identifying its strengths and opportunities. Tower Research has at times in its nearly 25-year history been among the largest algorithmic traders in US and European stock markets. Sadly, she is not an art historian, anthropologist, or tattoo artist. Since becoming CEO in 2017, he . Niu is a member of the Council on Foreign Relations and the Committee of 100. He was forced to leave the country and came to the U.S. later that year. He has interviewed President Obama, Emmanuel Macron, Vladimir Putin, Benjamin Netanyahu and Recep Tayyip Erdoan, among others. Jane Street trades across many of same asset classes as its chief HFT rivals, from stocks and options to cryptocurrencies.