Published on July 31st, 2010 | by thevyne2
Woman to Watch: Suzanne Shank
Education: Graduate of The Wharton School, University of Pennsylvania with a Masters of Business Administration in Finance, and the Georgia Institute of Technology with a Bachelor of Science degree in Civil Engineering.
Previous Career: Suzanne functioned as an engineer with General Dynamics, Electric Boat Division, where she worked as a Design Engineer on various design projects.
Childhood Dream: To become a Social Worker
What She Does Now: As a founder and co-owner of the company and a member of its board of directors, Shank has participated in municipal financings totaling more than $356 million. Suzanne has led financings for large-scale projects for many issuers, including in the Northeast, the cities of New York, Philadelphia and the State of Connecticut.
History Maker: Siebert Brandford Shank is the largest minority- and women-owned municipal finance firm. They have been lead manager in issuance of $5 billion in tax-exempt bonds.
Awards and Recognition: Suzanne was honored by Black Enterprise Magazine as one of the”50 Most Influential Black Women in Business” (February 2006 Issue), and as one of the”75 Most Powerful Blacks on Wall Street” (October 2005 and October 2006). She has also been recognized by Crain’s Detroit Business as one of the 40 outstanding leaders under 40. Additionally, she was named National Entrepreneur of the Year by the Madame CJ Walker Center and named as one of “Metropolitan Detroit’s Most Influential Black Women” by the Women’s Informal Network (Detroit and Wayne County).
Volunteer Efforts: She has a deep commitment to and passion for public service as evidenced by her contribution to charities that help those less fortunate. She spearheaded the formation of the Detroit Summer Finance Institute, an internship program that has introduced more than 70 high school students to the financial world in the past three years. She also is vice president of the founding board of W.A.V.E., an initiative to help poor residents pay their water utility bills. Ms. Shank serves as a Board member of CAMERA, the Caribbean American Mission for Education Research in Action, which links educators and educational institutions to develop and implement programs that support, augment and strengthen the capacity and capabilities of educational systems in the Caribbean and the region that includes Philadelphia, the District of Columbia and New York. She is also a founding member of the Michigan Women in Finance and is a member of the Board of the Detroit Institute of Arts. Recently she served a three-year term on the Board of Directors for the Bond Market Association, and is a former member of the Board of Directors of the Municipal Securities Rulemaking Board.
Family Ties: “My favorite undertaking in life is raising my two daughters, Devin and Camryn, with my husband,”