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VIDEO
WEBCAST
ICI President
Paul Schott Stevens
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Originally broadcast live on Tuesday, June 15, 2004
Speech Venue: The National Press Club,
Washington, DC Investment Company Institute President Paul Schott Stevens
delivers his inaugural remarks before the National Press
Club in an address focusing on mutual fund industry reform.
Stevens, formerly General Counsel at ICI, joins the Institute
from Dechert LLP, where he specialized in financial services
matters in the firm’s Washington, DC office. He has
also served as Senior Vice President and General Counsel
of Charles Schwab & Co.'s mutual fund and international
enterprise, and worked as Special Assistant to President
Ronald Reagan for National Security Affairs and as Executive
Secretary of the National Security Council under then National
Security Adviser Colin Powell.
“I look forward to working with all members of the
Institute to advance the interests of mutual funds and their
shareholders,” said
Stevens upon his election. “I am confident that the
challenges faced by mutual funds right now can be addressed
in a way that improves investor protections and maintains
the entrepreneurial spirit that has allowed mutual funds
to offer a wide range of highly competitive investment vehicles
that help 92 million investors meet their financial goals.”
Stevens succeeded Matthew P. Fink and became the Institute’s
fourth president on June 1. He was unanimously elected president
by the Institute’s Board of Governors in March.
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