Advisory Council

Kemal Askar `98

Managing Director, Head of EMEA rates Trading, Deutsche Bank

Kemal Askar is Managing Director, Head of EMEA rates Trading at Deutsche Bank. He runs a team of traders in NY, London, Frankfurt, Zurich and Tokyo, that help manage the risk of Euro, GBP, CHF and Scandinavian denominated interest rate swaps, options, FX/equity hybrids and Sovereign and supra bond transactions as well as illiquid securities.

Kemal is a 1998 graduate of Princeton University, graduated Summa Cum Laude, Operations Research, with certificates in the Woodrow Wilson School of Public and International Affairs, and the Applied and Computational Mathematics Program.

Kemal serves on numerous professional, academic and non-profit boards including Network 20/20, an international relations organization, Robert College of Istanbul, the first American school founded outside of the US. In addition, Kemal sits on the leadership council for City Harvest, a non-profit focused on fighting hunger amongst the poor and homeless in New York City, as well as the academic advisory council for Princeton University Department of Operations Research and Financial Engineering.

Hafize Gaye Erkan *06

Hafize Gaye Erkan, former President of First Republic Bank and a member of the company’s Board of Directors. Ms. Erkan joined First Republic in 2014 as Senior Vice President, Chief Investment Officer and Co-Chief Risk Officer. Prior to that, Ms. Erkan was the Managing Director and Head of Financial Institutions Group Analytics and Strategies for Goldman Sachs. She joined Goldman Sachs in 2005 as an associate and was named Managing Director in 2011.

Ms. Erkan graduated as valedictorian of Bogazici University in Turkey, B.Sc. and earned a Ph.D. in Operations Research and Financial Engineering from Princeton University. She is a graduate of Harvard Business School’s Advanced Management Program and the Stanford Graduate School of Business Executive Program in Leadership. Ms. Erkan currently serves on the Boards of Directors for the Partnership for New York City and Gradifi.

Heather Faust `02

Partner & Managing Director of Argand Partners

Heather Faust is a Partner and Managing Director of Argand Partners, as well as a member of the Management Committee and Investment Committee. Previously she was Managing Director at Castle Harlan. Prior to joining Castle Harlan, Ms. Faust was a management consultant at McKinsey & Company, where she worked in the United States and abroad across a variety of industries. Ms. Faust advised and directly assisted her clients in defining and implementing key strategic and operational business transformations. Ms. Faust’s experience also includes roles in the consumer industry as well as international development work in the Middle East. She is currently a director of Sigma Electric and Tensar Corporation, and previously served as a director of Baker & Taylor, IDQ Holdings, Unc. and Ames True Temper. Ms. Faust graduated Cum Laude from Princeton University with a B.S.E. in Operational Research and Financial Engineering and holds an M.B.A. from the Harvard Business School.

Nathan Faust `02

SVP U.S. eCommerce & Supply Chain & Logistics Walmart US, co-founder

Nate Faust is the head of US eCommerce Supply Chain and Logistics at Walmart and a co-founder of, which was acquired by Walmart in September 2016. Nate manages teams across inventory management, fulfillment, network strategy and optimization, operations engineering, and inbound and outbound transportation for Walmart US eCommerce to ensure products are always in stock and delivered on time and efficiently to customers.

Prior to the acquisition by Walmart, Nate was the COO of where he oversaw inventory management, fulfillment, transportation, customer service, and the JetEngine team (the behind the scenes analytics and optimization that drive real-time variable pricing and search results on

Before Jet, Nate was a member of the senior leadership team and Vice President of special operations at Quidsi, the parent company of, and other specialty sites, that was acquired by Amazon in 2011. At Quidsi, Nate led development of all of Quidsi’s operational systems and created one of the fastest delivery networks in ecommerce. Before Quidsi, Nate was a consultant at Oliver Wyman and worked in investment banking at Deutsche Bank. He has an MBA from Harvard Business School and graduated cum laude with a BSE in Operations Research and Financial Engineering from Princeton. While at Princeton, Nate was president of the Foundation for Student Communication, publisher of Business Today magazine.

Nate is married to Heather Fleming Faust ’02, co-founder and Managing Director of Argand Partners, a middle-market private equity firm.

Katherine Milkman `04

Associate Professor, Wharton School of Business, University of Pennsylvania

Katherine Milkman is the Evan C. Thompson Endowed Term Chair for Excellence in Teaching and a professor at The Wharton School of the University of Pennsylvania. She holds a secondary appointment at Penn’s Perelman School of Medicine. Her research relies heavily on big data to explore ways that insights from economics and psychology can be used to change consequential behaviors for good, such as savings, exercise, vaccination take-up and discrimination. Katherine has received numerous awards for her research including an early career award from the Federation of Associations in Behavioral & Brain Sciences. When under 30, Milkman was named one of the world’s top 40 business school professors under 40 by Poets and Quants and she was a finalist for the Thinkers 50 2017 Radar Thinker Award. Her dozens of published articles in leading social science journals have reached a wide audience through regular coverage in major media outlets such as NPR, The New York Times, The Washington Post, and The Financial Times. She also frequently writes for The Washington Post about the behavioral economics of everyday life. In 2018, she began hosting Charles Schwab’s popular podcast “Choiceology with Katy Milkman,” which explores key lessons from behavioral economics about decision making.

Katherine has been recognized with many accolades for her ability to communicate ideas to students. She received the excellence in teaching award for the Wharton undergraduate division in 2015 and 2016, was voted Wharton's “Iron Prof” by the school’s MBA students for a PechaKucha-style presentation of her research, and was one of ten finalists in 2014 and 2015 for the Anvil Award for Wharton’s most outstanding MBA teacher. She is the president-elect of the Society for Judgment and Decision Making and has been an associate editor at Management Science since 2013. She has worked with numerous organizations on research and/or consulting, including Humana, Google, Wipro, Cummins Engines, the U.S. Department of Defense, 24 Hour Fitness and the American Red Cross.

Katherine co-directs the Behavior Change for Good Initiative at the University of Pennsylvania, whose work is being chronicled by Freakonomics Radio.

She received her undergraduate degree from Princeton University (summa cum laude) in Operations Research and Financial Engineering and her Ph.D. from Harvard University's joint program in Computer Science and Business.

Scott Pasquini `01

Managing Director, Madison Dearborn Partners

Scott Pasquini '01 is a Managing Director at Madison Dearborn Partners (MDP), where he focuses on investments in the Telecom, Media & Technology Services sectors. Prior to joining MDP, he was with GTCR Golder Rauner as an Associate and with Merrill Lynch in the Mergers & Acquisitions group. He currently serves on the Boards of Directors of Centennial Towers, InMoment, Liquid Web, RDX, and The Topps Company. He was previously involved with MDP’s investment in Q9 Networks. Mr. Pasquini received an M.B.A. from Harvard Business School and a B.S.E., in Operations Research from Princeton University.

D. Jeffrey Penney `83

Senior Advisor, McKinsey & Company

Jeff Penney is a financial services manager with 30 years of experience in banking and capital markets. Following two years as Head of Strategy for J.P. Morgan’s Corporate and Investment Bank (CIB), he has returned to McKinsey where, from 2009 to 2013, he was a Senior Advisor and served on the global CIB Operating Committee with responsibility for the firm's Equities and Investment Banking practice. Prior to 2009, Mr. Penney held management positions at Merrill Lynch, Morgan Stanley, and Credit Suisse across global markets and banking. He holds a BSE in electrical engineering and computer science from Princeton, and is also president of the independent record label Sons of Sound.

Paul Stamas `04

Managing Director General Atlantic

Paul Stamas '04 is a Managing Director at General Atlantic and focuses on investments in the firm’s Financial Services and Financial Technology sectors. He has also been active in the firm’s Healthcare sector. He co-led or was closely involved in the firm’s investments in Align Networks, Insurity, MedExpress, OptionsHouse, and Santander Asset Management. He serves on the board of directors at Insurity and is a former board member at OptionsHouse. In 2016, Paul was named one of GrowthCap’s Top 40 Under 40 Growth Investors. Before joining General Atlantic in 2010, Paul was an Associate at Welsh, Carson, Anderson & Stowe, concentrating on investments in the Healthcare Services and Information & Business Services sectors. Prior to that, he was an Analyst in the Consumer/Retail Group in the Investment Banking division at Goldman Sachs. Mr. Stamas earned an M.B.A. from Harvard Business School, where he graduated with highest distinction and was a Baker Scholar. He also earned a B.S.E. from Princeton University in Operations Research & Financial Engineering, where he graduated summa cum laude.