Stephen Groff
Stephen P Groff is an economist and Governor of the National Development Fund of Saudi Arabia.[1]
Stephen P Groff | |
|---|---|
![]() | |
| Governor of the National Development Fund | |
| Assumed office February 2019 | |
| Ranking vice president of the Asian Development Bank | |
| In office September 2011 – February 2019 | |
| Preceded by | C. Lawrence Greenwood |
| Personal details | |
| Born | Camp Lejeune, North Carolina, USA |
| Spouse(s) | Maria Theresa O. Regalado |
| Alma mater | Yale University, Harvard University, Erasmus University |
| Occupation | Economist |
Groff was appointed as Governor of the National Development Fund (NDF) in February, 2019. He is responsible for establishing this new government entity that aims to raise the level of performance of sectoral funds and development banks in Saudi Arabia.[2][3][4]
He was previously ranking vice-president of the Asian Development Bank (ADB) in Manila, Philippines.[5][6][7][8][9][10][11][12] At ADB he was responsible for operations in East Asia, Southeast Asia, and the Pacific, amounting to over $6 billion in new lending every year and a portfolio of $35 billion.[13][14][15]
Education
Groff was raised in Warren, Vermont, and graduated from Harwood Union High School He is a 1986 graduate of Yale University,[16] and attended the Kennedy School at Harvard University, receiving a two-year Master in Public Administration in 1996. He received the Pearson–FT Non-Executive Director SRF BTEC Level 7 diploma in 2015.[17][18]
Career
In February, 2019, Groff became Governor of the National Development Fund (NDF). NDF was established to enhance economic diversification as well as to promote sustainable development financing in Saudi Arabia. NDF oversees different Saudi development funds and banks, supervises their performance and efficiency, and ensures that each entity contributes effectively to Saudi Vision 2030.
Groff was appointed as vice president of the Asian Development Bank (ADB) in September 2011.[19] Previously, he served as Deputy Director for Development Cooperation at the Paris-based Organisation for Economic Co-operation and Development and as Deputy Vice-President for Operations at the Washington-based Millennium Challenge Corporation.[20] He has also worked for the U.S. Agency for International Development, the U.S. Refugee Program and as a U.S. Peace Corps volunteer.[13][14][15]
Groff serves on a number of advisory boards, including the Millennium Challenge Corporation,[21] World Learning,[22] Bretton Woods Committee,[22] Marine Stewardship Council,[23] Institute for Sustainable Communities[24] and the Global Footprint Network.[25]
Groff also writes regularly on a variety of climate change and development-related issues, including Project Syndicate,[26] The Wall Street Journal,[27][28] The Guardian[29] and The Huffington Post.[30]
In 2018, Groff was identified by Richtopia as one of the top 100 leaders from multilateral organizations.[31]
Personal life
Groff is married has two children. His family has lived in Vermont for generations and their roots there can be traced back to the 18th century. His Great-grandfather was the photographer Edmund Homer Royce of St. Albans. His 3rd Great-grandfather was Vermont Congressman and Chief Justice Homer Elihu Royce and his 4th Great-uncle was Vermont Governor and Chief Justice Stephen Royce. His 5th Great-grandfather was Major Steven Royce who was a delegate to the convention that signed the 1774 Dorset Accords which led to an independent Vermont Republic and future statehood. Groff speaks Tagalog and French and is a triathlete.
Selected publications
- China’s City Clusters: Pioneering Future Mega-Urban Governance. American Affairs - May 21, 2019.[32]
- To Resist the Robots, Invest in People. Project Syndicate - January 2, 2018.[33]
- A buffer against protectionism. Boao Review - April 3, 2017.[34]
- Climate Change Challenges for Vermont. VT Digger - March 19, 2017.[35]
- An Infrastructure Crisis? Huffington Post - March 3, 2017.[36]
- The Next Migrant Wave. Project Syndicate - December 29, 2016.[37]
- How Will ASEAN Members Cope with Their Climate Change Challenge? Knowledge Wharton - March 10, 2016.[38]
- Putting out Indonesia’s Fires. Project Syndicate - December 4, 2015.[39]
- Overcoming Southeast Asia’s Barriers to Trade. The Wall Street Journal - June 30, 2015.[40]
- Shifting the Gear toward Green Growth. People's Daily - October 17, 2014.[41]
- Asean's Infrastructure Crisis. The Wall Street Journal - July 28, 2014.[42]
- This Time We Must All Be Filipino. The Philippine Daily Inquirer - November 30, 2013.[43]
- Why investing in Myanmar matters. The Hill - October 8, 2012.[44]
- Will this be the 'Asian century'? The Guardian - April 18, 2012.[45]
- The Peace Corps: Is Fifty Years Enough? The Huffington Post - August 28, 2011.[46]
- Fund the fight against global poverty. The Christian Science Monitor - October 3, 2008.[47]
References
- https://www.spa.gov.sa/1936466
- http://www.arabnews.com/node/1513836/saudi-arabia
- http://saudigazette.com.sa/article/569476/SAUDI-ARABIA/Stephen-Groff-appointed-head-of-Saudi-National-Development-Fund
- https://www.argaam.com/en/article/articledetail/id/614744
- headhoncho (10 May 2017). "Stephen P Groff". Asian Development Bank. Retrieved 24 July 2017.
- "World Learning, Inc". Retrieved 24 July 2017.
- Choudhury, Geoff Cutmore, Saheli Roy (24 March 2017). "Boao Forum Hainan: Asian Development Bank VP Groff on Donald Trump". Retrieved 24 July 2017.
- "Stephen P Groff - Asia Clean Energy Forum". Retrieved 24 July 2017.
- "Stephen Groff: The Next Migrant Wave - The Bretton Woods Committee". www.brettonwoods.org. Retrieved 24 July 2017.
- "Public Lecture: Stephen Groff: Asia's Development Challenges". www.geas.fu-berlin.de. 12 June 2014. Retrieved 24 July 2017.
- Bank, Asian Development (1 April 2012). ADB Financial Profile 2012. Asian Development Bank. ISBN 9789290926450. Retrieved 12 February 2018 – via Google Books.
- Bank, Asian Development (1 April 2016). ADB Annual Report 2015: Scaling Up to Meet New Development Challenges. Asian Development Bank. ISBN 9789292575526. Retrieved 24 July 2017 – via Google Books.
- Bank, Asian Development (1 November 2015). Proceedings of the Regional Knowledge Forum on Post-Disaster Recovery. Asian Development Bank. ISBN 9789292572198. Retrieved 24 July 2017 – via Google Books.
- Mulqueeny, Kala; Pont, Peter du (1 May 2014). Attaining Sustainable Energy Access for All: Third Asia-Pacific Dialogue on Clean Energy Governance, Policy, Law, and Regulation. Asian Development Bank. ISBN 9789292545338. Retrieved 24 July 2017 – via Google Books.
- N; Baruah, ita; Arjal, Nischala (7 May 2014). "ADB's Stephen P Groff Examines Rise of Inequality in Middle Income Asia". Retrieved 24 July 2017.
- "Media Library - Yale Whiffenpoofs Alumni Association, Inc". whiffalumni.com. Retrieved 24 July 2017.
- "Stephen Groff - International Economic Forum of the Americas". feia.forum-americas.org. Retrieved 24 July 2017.
- https://www.oecd.org/dac/aft/Stephen%20P.%20Groff.pdf
- Bank, Asian Development (5 September 2011). "ADB Appoints Stephen P Groff as Vice-President". Retrieved 24 July 2017.
- "MCC CEO Danilovich Announces New Addition to Management Team - Millennium Challenge Corporation". Retrieved 24 July 2017.
- https://www.mcc.gov/about/org-unit/advisory-council
- "World Learning, Inc". Retrieved 24 July 2017.
- "About Us--Membership". www.cciced.net. Retrieved 24 July 2017.
- https://sustain.org/blomstrann-groff/
- "Our People - Global Footprint Network". Retrieved 24 July 2017.
- "Project Syndicate - the Smartest Op-Ed Articles from the World's Thought Leaders". www.project-syndicate.org. Retrieved 24 July 2017.
- Groff, Stephen P. (28 July 2014). "Asean's Infrastructure Crisis". Retrieved 24 July 2017 – via www.wsj.com.
- Groff, Stephen (30 June 2015). "Overcoming Southeast Asia's Barriers to Trade". Retrieved 24 July 2017 – via www.wsj.com.
- Groff, Stephen (15 July 2015). "How private sources of development finance could be key to Asia's future". Retrieved 24 July 2017 – via The Guardian.
- "Stephen P Groff - HuffPost". www.huffingtonpost.com. Retrieved 24 July 2017.
- "The 100 Most Influential People From Multilateral Organisations (TOP LIST)". 23 December 2017. Retrieved 12 February 2018.
- https://americanaffairsjournal.org/2019/05/chinas-city-clusters-pioneering-future-mega-urban-governance/
- https://www.project-syndicate.org/commentary/asia-automation-robotization-by-stephen-groff-2018-01
- P., Groff, Stephen (3 April 2017). "A buffer against protectionism". Retrieved 12 February 2018.
- "Stephen Groff: Climate change challenges for Vermont - VTDigger". 19 March 2017. Retrieved 12 February 2018.
- Groff, Stephen P. (3 March 2017). "An Infrastructure Crisis?". Retrieved 12 February 2018.
- https://www.project-syndicate.org/commentary/climate-change-migration-refugees-by-stephen-groff-2016-12?barrier=accessreg
- "How Will ASEAN Members Cope with Their Climate Change Challenge? - Knowledge@Wharton". Retrieved 12 February 2018.
- https://www.project-syndicate.org/commentary/indonesia-forest-fires-climate-change-by-stephen-groff-2015-12?barrier=accessreg
- Groff, Stephen (30 June 2015). "Overcoming Southeast Asia's Barriers to Trade". Retrieved 12 February 2018 – via www.wsj.com.
- P., Groff, Stephen (17 October 2013). "Shifting the Gear toward Green Growth". Retrieved 12 February 2018.
- Groff, Stephen P. (28 July 2014). "Asean's Infrastructure Crisis". Retrieved 12 February 2018 – via www.wsj.com.
- http://opinion.inquirer.net/66393/this-time-we-must-all-be-filipino
- Pecquet, Julian (8 October 2012). "Asian Development Bank Vice-President Stephen Groff: Why investing in Myanmar matters". Retrieved 12 February 2018.
- Groff, Stephen P. (18 April 2012). "Will this be the 'Asian century'? - Stephen P Groff". the Guardian. Retrieved 12 February 2018.
- Groff, Stephen P. (28 August 2011). "The Peace Corps: Is Fifty Years Enough?". Retrieved 12 February 2018.
- "Fund the fight against global poverty". 3 October 2008. Retrieved 12 February 2018 – via Christian Science Monitor.
