Financial Technology Association Appoints Penny Lee CEO

The appointment last week of a new leader at the Financial Technology Association likely caught the attention of many in the D.C. tech community, as ecosystem builder and angel investor Penny Lee was named the inaugural CEO of the national organization. For Lee, however, tech knowledge is only one part of the new leadership role.

Leading up to this position, Lee was the chief strategy officer at prominent local startup incubator 1776, chair of angel investment group K Street Capital and public affairs lead at Invariant, a D.C. government relations firm. Prior to her stints in venture capital and tech, Lee had a political background, with roles including senior adviser to former U.S. Senate Majority Leader Harry Reid and national finance director of former Pennsylvania governor Ed Rendell’s campaign.

Despite the career shift, Lee told Technical.ly that her political roles have actually come in handy in the tech and venture capital worlds. Building and growing a startup, she said, is actually fairly akin to running a campaign.

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