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Phaedra Chrousos
Chief Strategy Officer, Libra Group | Former Tech Transformation Commissioner, Obama Administration | 2x Founder | Board Member
Phaedra Chrousos is a prominent figure in the fields of technology and strategy, currently serving as the Chief Strategy Officer at Libra Group since November 2018. In her role, she oversees strategy and technological innovation across the Group's global platform, which includes various sectors such as renewable energy, maritime, and real estate. Chrousos has been instrumental in launching several new business and philanthropic initiatives within the organization.12
Background and Experience
Chrousos has a rich background in both the public and private sectors. Prior to her current position, she was a political appointee in the Obama Administration, where she co-founded the Technology Transformation Service aimed at modernizing government technology. She also co-authored the Modernizing Government Technology Act, which established a $1 billion Technology Modernization Fund for federal agencies.13
Her entrepreneurial spirit is evidenced by her founding and exiting two venture-backed technology companies before joining Libra Group. Additionally, she began her career as a consultant at the Boston Consulting Group and The World Bank.13
Education
Phaedra Chrousos holds a B.A. from Georgetown University, an MSc with distinction from The London School of Economics, and an MBA with honors from Columbia Business School.13
Current Roles
In addition to her role at Libra Group, Chrousos is involved in various boards:
- Vanda Pharmaceuticals: A global biopharmaceutical company.
- Dcode: A technology accelerator that connects tech companies with government needs.
- Beeck Center for Social Impact and Innovation at Georgetown University.23
Contributions to Innovation
Chrousos is also associated with lomarlabs, a venture lab within Libra's maritime subsidiary. This initiative focuses on leveraging maritime innovation to address environmental challenges and improve operational efficiencies in shipping. Her advocacy for deep tech solutions highlights her commitment to integrating scientific advancements into practical applications that can tackle global issues like climate change.45
Phaedra Chrousos is recognized for her leadership in technology and innovation, making significant contributions to both corporate strategy and public policy.
Highlights
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Biggest bet in shipping history, indeed! One of this past week’s headlines was, “Biggest bet in shipping history’ pays off as (Libra Group maritime subsidiary) Lomar Shipping completes $2bn container exit.”
As Lomar Shipping CEO Nicholas Georgiou explained, "Lomar’s exit from the container sector was part of a decade-long strategic asset play. Lomar has always been able to switch sectors with ease. Our strategy is, and has always been, the diversification of our business, a value shared by all Libra Group companies.”
Libra’s Executive Chairman, George Logothetis said Libra has "a very heavy focus on sustainability and innovation". Lomar Shipping in particular is looking to focus on innovation and sustainability, while still having some shipowner exposure via its fleet of dry bulk ships and tankers.
Last year we launched Lomar’s corporate venture lab, lomarlabs, to explore new adaptive maritime technologies such as carbon capture devices, robotics, and green energy sources. It’s something I am very proud of. What we are doing is good for the world - as well as (very) good for business. That’s the recipe for sustainable change.
Full article can be found here:
