Robert K. Steel is Deputy Mayor for
Economic Development for the City of New York. He is responsible for the
Bloomberg Administration's five-borough economic development strategy
and job-creation efforts, as well as its efforts to expand job training,
strengthen small business assistance, promote new industries, diversify
the economy, and achieve the goals of the New Housing Marketplace Plan,
which is designed to build or preserve enough affordable housing for
500,000 New Yorkers by 2014. He spearheads the
Administration's major redevelopment projects, including those in Lower
Manhattan, Flushing, Hunters Point South, Coney Island, Stapleton, the
South Bronx, and Hudson Yards. Deputy Mayor Steel oversees such agencies
as the Department of Housing Preservation and Development, Department of
City Planning, Department of Small Business Services, NYC Economic
Development Corporation and NYC & Company, and he serves as Chair of
Brooklyn Bridge Park board.
Prior to his 2010 appointment as Deputy Mayor,
Steel was the President and CEO of Wachovia. From 2006 to 2008, Steel
was the Under Secretary for Domestic Finance at the U.S. Department of
the Treasury. Prior to entering government service, Steel spent nearly
30 years at Goldman Sachs, ultimately rising to become co-head of the
U.S. Equities Division and Vice Chairman of the firm. He is a graduate
of Duke University and the University of Chicago's Booth School of
Business, and has distinguished himself as Chairman of Duke's Board of
Trustees, Chairman of the Aspen Institute's Board of Trustees, Senior
Fellow at the Harvard Kennedy School of Government, a member of the FDIC
Advisory Committee on Economic Inclusion, Chairman of The After-School
Corporation, and Co-Founder of SeaChange Capital Partners, an
organization dedicated to helping nonprofits grow.
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