Karen Dunn Kelley

Former Deputy Secretary of the U.S. Department of Commerce

Karen Dunn Kelley was confirmed by the U.S. Senate as the Deputy Secretary of the U.S. Department of Commerce on November 28, 2018 and served until January 20, 2021.   

Deputy Secretary Kelley was the Department’s chief operations officer and day-to-day manager of a budget of $11.4 billion, 12 operating units, and 47,000 employees.  She was the principal deputy to the Secretary of Commerce and a member of the President’s Management Council. 

Prior to her confirmation as Deputy Secretary, Ms.  Dunn Kelley served as the Under Secretary for Economic Affairs beginning August 2017, overseeing the Department’s statistical programs through the U.S. Bureau of the Census and the Bureau of Economic Analysis. 

Ms. Dunn Kelley has 35 years of experience in the financial investment sector with experience managing people, strategy, budgets, operations, public relations and thought leadership across the globe. Before joining the U.S. Department of Commerce, she served as Senior Managing Director of Investments at Invesco, a U.S. based investment firm that managed more than $800 billion in assets worldwide during her tenure, with responsibility for overseeing Invesco’s Global Core Equity, Fixed Income, Money Markets, Quantitative Strategies, Asset Allocation and Solutions teams. 

Prior to her appointment in the Department of Commerce, Ms. Dunn Kelley served on the board of several academic and not for profit organizations in Pittsburgh, Pennsylvania, including Carlow University, Magee Womens Research Institute, and Shady Side Academy.  She currently serves on the Board of Trustees of JPMorgan Private Markets Fund and on the Board of Directors of  the Bipartisan Policy Center.  

Ms. Dunn Kelley holds a B.S. Degree, Magna Cum Laude, from Villanova University, College of Commerce and Finance. She is a member of the International Women’s Forum, a prior member of the Women’s Bond Club and a founding member of the Invesco Women’s Network.