By: David Bjorkgren
Michael G. Psaros, treasurer of the Greek Orthodox Archdiocese of North America, and co-founder of KPS Capital Partners, LP was honored March 1 at the 18th Annual Wall Street Alliance Scholarship Dinner.
Each year, the dinner brings together the Georgetown University business community to honor colleagues that have made a significant mark professionally and in service to their community. The dinner also raises money to provide scholarship assistance to undergraduates of the university.
Psaros received a B.S.B.A in Finance from Georgetown University and currently serves on the Board of Directors of Georgetown. He is also vice chairman of the Executive Board of Advisors of Georgetown University’s McDonough School of Business and the Board of Advisors of the Georgetown University Center for Financial Markets and Policy.
In 2013, he and his wife created “The Michael and Robin Psaros Endowed Chair in Business Administration” at the McDonough School of Business.
Psaros is an Archon of the Ecumenical Patriarch, Order of St. Andrew, where he serves on its National Council. He is also a founding member of FAITH: An Endowment for Orthodoxy and Hellenism and serves on the Board of Trustees of The Leadership 100.
“Georgetown gave me the confidence to approach the rest of my life grounded with the same values and value system that I learned from my family and the church,” Psaros says in a video highlighting his recognition from the university.
In describing his firm, KPS Capital Partners, Psaros says they approach finance and business with “Philotimo,” with honor, with trying to do the right thing.
It was in that spirit that Psaros and others helped guide the Archdiocese out of its financial crisis by implementing a series of financial reforms, bringing about transparency and stability.
Philanthropy is important, he says in the video, but philanthropic leadership matters more.