Tokumbo Shobowale

Chief Operating Officer, The New School , New York , New York

Tokumbo Shobowale became chief operating officer of The New School in 2014. In this capacity he works closely with colleagues to ensure that financial and operational resources are allocated in support of The New School’s mission and

strategic plan. He has led implementation of a cloud-based enterprise-wide resource planning system; facilitated a collaborative process to develop a university climate action plan, including divestment of fossil-fuel-related securities

from the endowment; and organized the acquisition and financing of a building that will increase by 15% the amount of academic space owned by the university. Prior to joining The New School, Tokumbo served the City of New York as chief

business operations officer, the Bloomberg administration’s lead official for implementing business-friendly practices. Previously, he was director of infrastructure and the built environment for the city’s Initiative on Rebuilding and

Resiliency , a response to Hurricane Sandy. Tokumbo also served as chief of staff to the deputy mayor for economic development, overseeing more than a dozen agencies, and as COO of the New York City Economic Development

Corporation. In both roles, he facilitated the city’s economic diversification and, in particular, the applied sciences initiative , which attracted Cornell University and Technion-Israel Institute of Technology to build a $2 billion, two-million-square-foot applied science and engineering campus on Roosevelt

Island in New York City, and also facilitated NYU’s creation of the Center for Urban Science and Progress in downtown Brooklyn. He holds an MBA from MIT’s Sloan School of Management, an MA from Columbia University’s School of

International and Public Affairs, and an AB from Stanford University.

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