PRESS RELEASE: CGAP CEO Ehrbeck Will Join Omidyar Network As Partner

Tuesday, September 23, 2014

“We are extremely pleased to have Tilman join us and lend his considerable expertise and talents to Omidyar Network’s mission,” said Bannick. “His breadth of experience across the financial inclusion and development fields, as well the private sector and government service, provide him unique insights and perspectives into the challenges we’re addressing. Those of us who have worked with him over the years have formed a deep respect not only for his professional skills, but also for his integrity and humanity. Tilman will be an exceptional addition to our team.”

Ehrbeck will join Omidyar Network in January 2015. He is currently serving as CEO of the Consultative Group to Assist the Poor (CGAP), the high-profile global partnership of 34 leading organizations that share the common mission to advance financial inclusion for the poor. CGAP was created in 1995 and is housed at the World Bank, where Ehrbeck is also a director. Ehrbeck led a successful $100 million fundraising campaign in support of CGAP’s current five-year plan, and regularly writes and comments on financial inclusion-related issues. Prior to CGAP, Ehrbeck was a partner with McKinsey & Company, where he held a series of leadership positions in the Global Banking and Healthcare Practices. He has worked in Africa, Asia, Europe, and North America. Ehrbeck holds a Ph.D. in Economics from the EU-sponsored European University Institute (EUI) and an undergraduate degree from the University of Hamburg.

Source: Press Release (link opens in a new window)

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Entrepreneurship
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impact investing, investment fund, philanthropy