The New York Public Library Appoints Geetanjali Gupta as Chief Investment Officer
JANUARY 9, 2018— The New York Public Library (NYPL) announced today the appointment of Geetanjali Gupta as Chief Investment Officer. Reporting to Chief Operating Officer Iris Weinshall, Gupta will work closely with the NYPL Board of Trustees Investment Committee to manage the Library’s financial assets and endowment, currently valued at $1.2 billion. Gupta will begin her role on February 26.
“I am thrilled to welcome Geetanjali to The New York Public Library,” said President and CEO Tony Marx. “She is a proven and trusted investor, with demonstrated expertise of strong long-term portfolio performance. We look forward to Geetanjali’s financial stewardship and to the ways her leadership will strengthen our ability to serve library communities for many years to come.”
Prior to joining NYPL, Gupta was with the Harvard Management Company in Boston for more than 10 years, most recently serving as Senior Vice President of Absolute Return and Public Market Funds. In this role, Gupta helped manage portfolios valued at more than $15 billion across a wide array of asset classes globally. Earlier in her career, Gupta worked for Goldman Sachs in the Investment Banking Division.
Gupta said: “I am thrilled to have the opportunity to join the leadership team at The New York Public Library. I hope to achieve excellent returns, build an outstanding investment team and be an active leader in advancing the NYPL’s fundamental mission of strengthening diverse communities and inspiring a new generation of learners and researchers.”
The Chief Investment Officer search committee was led by Chair of the Library’s Board of Trustees Investment Committee Dinakar Singh with Board of Trustees Chairman Evan Chesler, Trustees Ray McGuire and Tony Yoseloff, and COO Iris Weinshall.
Weinshall explained: “As the nation’s largest public library system, serving more than 17 million patrons each year, our investment strategy must be robust and forward-thinking. The New York Public Library will greatly benefit from Geetanjali’s thoughtful analysis, portfolio and team management expertise. We are eager to welcome her to the Library and to New York City.”
Singh commented: “After a thorough search, we are excited to welcome Geetanjali to NYPL. Her experience sets her apart in our industry, and her vision and values are well aligned to the Library’s present and future. I look forward to her leadership and to working with her on the Investment Committee."
Gupta graduated from Harvard University with a Bachelor of Arts degree in Applied Mathematics and Economics. She later went on to receive Master of Business Administration and Juris Doctor degrees from Harvard Business School and Harvard Law School.
About The New York Public Library
The New York Public Library is a free provider of education and information for the people of New York and beyond. With 92 locations—including research and branch libraries—throughout the Bronx, Manhattan, and Staten Island, the Library offers free materials, computer access, classes, exhibitions, programming and more to everyone from toddlers to scholars, and has seen record numbers of attendance and circulation in recent years. The New York Public Library serves more than 18 million patrons who come through its doors annually and millions more around the globe who use its resources at www.nypl.org. To offer this wide array of free programming, The New York Public Library relies on both public and private funding. Learn more about how to support the Library at nypl.org/support.