People Capital Announces Advisory Board
New York, June 15, 2009, People Capital, a Web resource for college students to attain student loans via an online
lending exchange, has named four veterans in the fields of Internet technology, business and finance to its advisory
board.
The new members of the board are:
Petrina Dawson, who is currently counsel, Receivership Policy at FDIC. Formerly, she was a senior managing director and general counsel of Standard & Poor's Ratings Services, managed a global legal department. In that role she addressed both transactional legal issues and rating agency procedures, regulations, methodology and criteria. Before joining Standard & Poor's, she was an associate with Cleary Gottlieb Steen & Hamilton LLP where she practiced securitization, real estate, corporate and securities law.
Ivar Eilertsen, CEO and founding partner of Harbor Capital Technologies, works actively with financial technology firms as a board member and as a part time executive. His focus is scaling companies through global growth strategies, recapitalizations, acquisitions and divestitures, strategic sales, partnerships and distribution agreements. Before starting Harbor Capital Technologies, he was executive in residence at a $20 billion private equity fund.
Ken Kharbanda, former head of corporate development for AOL, completed seven acquisitions and engaged in virtually every aspect of the digital medium. Prior, he was head of M&A at Reed Elsevier - LexisNexis, head of corporate development and strategy for Telcordia Technologies, a partner at VantagePoint Venture Partners, an investment banker with Kidder, Peabody & Co., and began his career at Bain & Company. Kharbanda is a board member of the NY Chapter of Association for Corporate Growth.
Gregory Webster, CEO of Fund.com, who presides over corporate strategy, business development and acquisitions. Prior, Webster was the president and CEO of HSBC Brokerage (USA) Inc., one of the largest banks in the world, where he was responsible for approximately $32.5 billion of client assets.
Colbert Narcisse, former COO, Americas Investment Banking, Merrill Lynch & Co, was responsible for the business management, strategic planning and analysis, technology and risk management functions for a business that generates over $1 billion in annual revenues. Prior, he held several positions in Merrill Lynch, including COO, Global Wealth Management and managing director, Financial Institutions Group.
The five new board members will be working directly with the company's management to help foster the firm's growth and development of its Web platform, which allows students to finance their college educations through improved access to private student loans.
"We are excited to have such qualified and respected members of the technology, business and financial communities joining the People Capital advisory board," said Al Alper, president and COO of People Capital. "Each member brings valuable insight and expertise that they will share with our team as we move closer to launch."
About People Capital
People Capital (http://www.people2capital.com) was founded in 2008 by a team
of world-class talent with backgrounds in student loans, consumer finance, credit ratings and new media to develop the next
generation of credit risk management and funding for student loans. Our peer-to-peer (p2p) lending platform will allow students
to finance their college educations through improved access to private student loans. Our patent-pending Human Capital Score™
(http://www.humancapitalscore.com) can rank order students without
credit history by using academic and credit data to model future individual income levels, thus their future ability to pay.
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