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Journalism of Courage
Former US Treasury Secretary Timothy Geithner,who played a major role in combating the global financial crisis,is joining private equity firm Warburg Pincus as president and managing director,the firm said on Saturday.
Geithner,will join the New York-based firm in March. Geithner will work closely with Warburg Pincus top executives on overall firm strategy and management,investing and portfolio management,organisational and funding structure,and investor relations.
As a part of US President Barack Obamas team,Geithner is credited with helping to calm the financial storm that put banks at risk and cratered the housing market early in Obamas first term.
