David L. Fogel is a nonresident senior fellow in the Forward Defense practice of the Atlantic Council’s Scowcroft Center for Strategy and Security. He is also a member of Forward Defense’s Gray Zone Task Force.
Fogel is a two-time successful entrepreneur, proven business executive, and former corporate attorney with long-term experience and interest in public service. He currently serves as chief executive officer of NCCS, the operating subsidiary of Coinmint, LLC, a leading crypto mining company. Previously, he served as co-founder and president of IndexIQ, an innovative indexing business and exchange-traded fund issuer which was acquired by New York Life Insurance Company in April 2015.
Fogel began his career in 1997 as a corporate attorney at Sullivan & Cromwell LLP. In 1999, he co-founded SmartPortfolio.com, Inc., which became a leading email financial newsletter business and was sold to TheStreet.com, Inc., a publicly traded financial information company, in 2000.
In September 2020, Fogel was appointed senior advisor and chief business development officer in the office of the undersecretary of state for economic growth, energy, and the environment at the US Department of State. In November 2020, he was nominated as assistant secretary of state for economic and business affairs. Prior to serving in the State Department, Fogel was appointed as chief of staff at the Export-Import Bank of the United States (EXIM), where he was responsible for day-to-management of the five-hundred-person independent agency, policy, and EXIM board-level transactions. Fogel was awarded the Distinguished Service Award for his work at EXIM. His policy responsibilities included coordinating among multiple stakeholders within the various departments of the executive branch, the White House, US Congress, US businesses, and outside advocacy groups. At both the State Department and EXIM, Fogel traveled around the world to meet with foreign leaders and ministers and advocate for US business interests.
Fogel received a BSFS, summa cum laude and Phi Beta Kappa, from the Georgetown University School of Foreign Service; a JD, magna cum laude and Order of the Coif, from Georgetown University Law Center; and an MBA from the Georgetown University McDonough School of Business. Prior to his government appointments, Fogel was a member of the board of trustees of Freedom House. He also currently serves as an adjunct professor at Georgetown University Law Center, where he teaches entrepreneurship.