Diana Farrell is an independent director and trustee of various organizations, including the Urban Institute; the National Bureau of Economic Research; the National Academies of Sciences’ Committee on National Statistics; the Institute for Pure and Applied Mathematics at the University of California, Los Angeles; and, until recently, eBay. She was the founding president and chief executive officer of the JPMorgan Chase Institute. Previously, Farrell was a senior partner at McKinsey & Company, where she served on the Partner’s Evaluation committee and was the founder and global head of the McKinsey Center for Government as well as the global head of the McKinsey Global Institute. At various points in her McKinsey career, she was a leader in the Public Sector, the Financial Institutions Sector, and the Strategy Practices. 

Farrell served in the White House for more than two years as deputy director of the National Economic Council and deputy assistant to the president on economic policy. In that capacity she led the interagency process on a broad range of initiatives including financial reform, which resulted in the Dodd-Frank Act; housing finance policy; and innovation and competition policy. She was a member of the Task Force on the Auto Industry, which oversaw the restructuring of the sector in 2009. 

Farrell is a member of the Council on Foreign Relations, the Aspen World Economy Group, the Aspen Strategy Group, the Trilateral Commission, the Bretton Woods Committee, and the Committee for the Ford School of Public Policy at the University of Michigan. She holds a BA from Wesleyan University, where she is a trustee emeritus and received a distinguished alumna award, and an MBA from Harvard Business School.