Choi, 44, was the only Korean-American member of
Obama's transition team to prepare for his presidency four years ago.
Nominating her to the position on the board, which
advises on policies regarding the activities of the Community Development
Financial Institutions Fund, Obama cited she brings "a depth of experience
and tremendous dedication" to the new role.
The fund aims to promote access to capital and
local economic growth in urban and rural low-income communities across the
nation.
Choi, who grew up in New York
and graduated from Harvard
University , has served as
managing director and head of Morgan Stanley Global Sustainable Finance, since
2007.
She is known for a successful career even from when
she was relatively young.
Choi worked in the Clinton administration in
various policy positions at the White House, the Department of Commerce, and
the Federal Communications Commission from 1996 to 2001, including chief of
staff for the Council of Economic Advisers from 1999-2001 and domestic policy
advisor to Vice President Al Gore for two years till 1999.
She also worked as a correspondent for the Wall
Street Journal in Germany
from 1991-1995.
Her mother, Choi Sook-nyul, is also famous in Korea
for her novel "Year of Impossible Goodbyes" on Japan's atrocities
during its colonization of Korea from 1910-45.
She authored it in response to a book by a
Japanese-American writer Yoko Kawashima Watkins that portrays the Japanese as
victims of the colonial rule. -- NNN-Yonhap
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