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March 2020

561st Meeting Featuring Bobby Jindal

March 17, 2020 @ 5:30 pm
Hogan Center, College of the Holy Cross

Bobby Jindal
, Former Governor, 
LouisianaBobby Jindal
Former Governor, 
Louisiana

Bobby Jindal began his career in public service when, in 1996, he was appointed secretary of the Louisiana Department of Health and Hospitals. In 1999, at age 28, he was appointed as the youngest president in the history of the University of Louisiana System. In 2004, he was elected to the U.S. House of Representatives, becoming the second Indian American in Congress, and was re-elected in 2006. Jindal ran for governor in 2007 and won, making him, at 36 years old, the second youngest governor of Louisiana after Huey P. Long. Jindal was re-elected in 2011 in a landslide, winning more than 65% of the vote. He was the first Indian American governor in the country. Jindal ran for President of the U.S. in 2016.

Jindal used his two terms as Governor of Louisiana to rebuild and diversify the state’s economy and financial footing in the aftermath of Hurricanes Katrina and Rita. His agenda included top-to-bottom reformation and privatization of the state-run charity hospital and the state’s healthcare payer systems. Fiscally, Jindal reduced the state budget by 26%, reduced the state employee headcount by 30,000, and implemented the largest income tax reduction in state history. With a bipartisan consensus, Jindal implemented statewide school choice programs and moved the state from the bottom five in ethics laws to the top five, according to independent analysts.

Jindal’s dramatic rework of Louisiana’s policy structure paid measurable dividends in the form of eight credit upgrades, $60 billion in private capital investment and a ranking in the top ten in the nation for job creation and the highest ever per-capita income ranking in state history.

The son of Indian immigrants, Jindal was born and raised in Baton Rouge, Louisiana. He graduated with honors in Biology and Public Policy from Brown University and also holds an M. Litt degree in Politics with an emphasis in Health Policy from the University of Oxford. Jindal currently resides in Louisiana with his wife, Supriya, and their three children.

This meeting of the Worcester Economic Club is sponsored by

April 2020

562nd Meeting Featuring Daniel J. Ivascyn

April 14, 2020 @ 5:30 pm
Hogan Center, College of the Holy Cross

Daniel J. Ivascyn
, Group Chief Investment Officer,
 PIMCODaniel J. Ivascyn
Group Chief Investment Officer,
 PIMCO

Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He is lead portfolio manager for the firm’s income strategies and credit hedge fund and mortgage opportunistic strategies. He is a member of PIMCO’s Executive Committee and a member of the Investment Committee. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013. Prior to joining PIMCO in 1998, he worked at Bear Stearns in the asset-backed securities group, as well as T. Rowe Price and Fidelity Investments. He has 27 years of investment experience and holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor’s degree in economics from Occidental College.

This meeting of the Worcester Economic Club is sponsored by

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June 2020

563rd Meeting Featuring Brian Moynihan

June 3, 2020 @ 5:30 pm
Hogan Center, College of the Holy Cross

Brian Moynihan, 
Chairman of the Board and Chief Executive Officer
, Bank of AmericaBrian Moynihan
Chairman of the Board and Chief Executive Officer
, Bank of America

Brian Moynihan leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world.

In 2019, Bank of America was the only financial services company on Fortune magazine’s list of The Best Big Companies to Work For. Euromoney recognized Bank of America in 2018 as the World’s Best Bank and the World’s Best Bank for Diversity and Inclusion, as part of their annual Global Awards for Excellence. Bank of America is recognized as a top employer by Working Mother magazine and Military Times and by JUST Capital as the #1 most JUST company out of “Banks” industry. The company is also listed on Fortune magazine’s list of the Best Workplaces for Diversity and the Best Workplaces for Parents. It was also named one of the Best Places to Work for Disability Inclusion by the U.S. Business Leadership Network and the American Association of People with Disabilities. Bank of America was also named the 2019 Catalyst Award winner, honored for supporting the continued development, empowerment and advancement of women in the company and around the world.

Moynihan participates in several organizations that focus on economic and market trends, including as chairman of the World Economic Forum International Business Council, the Financial Services Forum, the Bank Policy Institute (chair), the Business Roundtable, the Clearing House, the American Heart Association CEO Roundtable (co-chair) and the Business Council. He is a member of the Federal Advisory Council of the Federal Reserve Board.

Moynihan leads the company’s Global Diversity and Inclusion Council and is a member of the museum council for the Smithsonian’s National Museum of African American History and Culture. Moynihan is also a member of the Brown University Corporation’s Board of Fellows, the Catalyst Board of Directors, the Council on Competitiveness Board of Directors, the Congressional Medal of Honor Foundation Board and the Appeal of Conscience Board of Trustees.

Moynihan works with public officials, businesses and civic leaders at the local level through his participation in the Charlotte Executive Leadership Council (chair), the Massachusetts Competitive Partnership and the Partnership for Rhode Island.

This meeting of the Worcester Economic Club is sponsored by

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