SEATTLE, June 27, 2013 /PRNewswire-USNewswire/ -- Four years after piloting the world's first student microloan, Vittana, the global non-profit committed to fighting youth poverty, has appointed veteran executive Robin Wolaner as its new Chief Executive Officer. Founder and former CEO Kushal Chakrabarti has stepped into the co-chair role.
"Robin brings a great track record of scaling organizations, building teams and blending business brains with a strong heart," said Chakrabarti. "We're delighted to have her on board and I'm personally very excited to work with her during this next crucial phase of growth."
Wolaner is the founder of Parenting Magazine, former CEO of Sunset Publishing, and executive VP of CNET. Most recently, she has been a business book author, company director and advisor to tech startups.
"Vittana has continued its incredible trajectory of growth and we're preparing for significant scale this year," Wolaner said. "We've reached a key milestone of helping 10,000 students escape poverty this year. I'm looking forward to working with Kushal and the team to build upon Vittana's inspiring achievements and help reach 100,000 youth in the next few years."
Vittana is a nonprofit with a mission to graduate a generation beyond poverty. Rooted in the belief that education is the most powerful tool to eradicate poverty, Vittana works around the globe with microfinance partners to start, shape, and scale student loan markets, often in areas where student loans previously did not exist. Vittana has been highlighted in media such as The Economist, The Wall Street Journal, and The New York Times. Learn more at http://www.vittana.org.
Contact: Megan Halbrook, (206) 535-7148