BlackRock Managing Director Obie McKenzie Appointed Chair of WorldofMoney.org's Board of Directors

Sept. 19, 2011 - PRLog -- WorldofMoney.org announced today the appointment of Obie McKenzie, Managing Director in BlackRock's Global Client Group, as Chair to the Board of Directors of the non-profit organization dedicated to the financial education of youth.  The WorldofMoney.org Youth Financial Education Institute was launched in December of 2005, providing underserved youth, ages 7 – 11 (Young Moguls); 12 - 18 (Moguls), with the empowering tools to survive economic cycles and achieve financial literacy.

"We are very pleased to have Obie McKenzie helm our Board of Directors," stated Sabrina Lamb, Founder/Chief Executive Officer of the WorldofMoney.org. "He is highly respected in the financial industry. His experience in the industry and his commitment to WorldofMoney.org has already had a positive impact, and we are fortunate to have him on our team. Obie's leadership will continue to add tremendous value to the organization and directly impact the youth we empower."

This appointment comes on the heels of another stellar accomplishment for McKenzie.  In 2010, McKenzie received the prestigious Richard A. Lothrop Award at the 33rd annual conference of The Association of Investment Marketing and Sales Executives Conference (AIMSE).  Lothrop was a pioneer and innovator in the investment management marketing and sales industry.  McKenzie was recognized by his peers for his efforts and activities in the investment management industry and in his community.

ABOUT OBIE MCKENZIE

Since 1972, Obie L. McKenzie has served the financial services industry in asset management, commercial banking, trade finance, investment banking, corporate treasury and brokerage. Mr. McKenzie is currently a Managing Director at BlackRock in the Global Client Group. BlackRock is the largest publicly traded investment management firm in the United States.

During his career, he has held positions as Managing Director at Merrill Lynch Investment Managers (1990-2006) Executive Director at UBS Asset Management and Managing Director at Chase Investors (1987 to  l990). From 1984 to1987, Mr. McKenzie was President and founder of McKenzie & Company, an NASD registered broker dealer.  During the late 1970’s and early 1980’s, Mr. McKenzie held positions at Citibank, Chemical Bank and Freedom National Bank as a commercial banker. Mr. McKenzie was also Manager of Banking and Pensions at the New York Times in 1975 and Corporate Finance Associate for Morgan Stanley in 1972.

Mr. McKenzie has served as President of the Association of Investment Management Sales Executives (AIMSE); founding board member of the TOIGO Foundation and Associate Advisor to the Texas Association of Public Employees Retirement Systems (TEXPERS). He was also a founding board member of the National Association of Securities Professionals (NASP), where he received the Wall Street Hall of Fame Award in 2001. Mr. McKenzie is a published writer, an accomplished public speaker and vocalist and has been an Expository Bible teacher for over 20 years. Mr. McKenzie graduated from Tennessee State University in 1967 and received his MBA in Finance from Harvard Business School in 1972.



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