Mayor Vincent C. Gray swore in nine members of the District’s Financial Literacy Council April 4, which will help improve programs that educate District residents in how to manage their personal finances more effectively.

“Basic financial literacy is the essential prerequisite, along with working hard, to succeeding in our society,” Gray said at a news conference to introduce the panel. “Unfortunately, though, some of our most disadvantaged residents never learn how to benefit in the long term from their hard work and maintain the wealth they earn – thus contributing to the perpetuation of poverty. Working together, this council will guide programs that help residents learn how to manage their finances effectively and how to recover from hardships like bankruptcy and foreclosures.”

Gray named six members of the council, including its chair, financial services advocate Tamara Haye Daufour. The remaining three members were designated by D.C. Council Chair Kwame R. Brown: Ward 7 Councilmember Yvette M. Alexander, who chairs the Council’s Committee on Public Services and Consumer Affairs; and District Chief Financial Officer Natwar M. Gandhi.

In addition to Daufour, Gray’s appointees were Brian Pick, D.C. Public Schools’ deputy chief academic officer for curriculum and instruction; Idrys J. Abdulla, a consumer protection advocate; Joseph Vaughn, vice president for government affairs and political director at the Securities Industry & Financial Markets Association; Yasuko Fumuro, vice president for public relations at the Microfinance International Corporation and Kevin Wrege, president and founder of Pulse Issues & Advocacy, LLC, an advocacy, research and policy firm.

Council Chairman Brown’s designee is Angela Joyner, the D.C. Council’s deputy budget director for public education, economic development and regulation. Jamila Yore, a student and community leader and former vice president of the National Association of Black Accountants, is Council member Alexander’s designee and Natwar Gandhi’s designee is Malik Muhammad, financial manager of the debt management unit for the Office of the Chief Financial Officer.