Frank Schell

Frank Schell

BUSINESS CONSULTANT

Frank C. Schell III had an extensive career in international banking and finance, with postings in Nairobi, London, and Sao Paulo; he was also responsible for several countries in the Middle East. Mr Schell started his career in 1972 at Continental Bank and was later assistant treasurer of Ford Aerospace & Communications Corporation. Mr Schell joined The First National Bank of Chicago in 1981, where he held domestic and international positions for over 20 years. He retired as senior vice president of Bank One, a successor firm, and was named president and CEO of Chicago Commons, where he had served on the board of directors. He then joined The Private Bank as managing director from 2005 to 2006 and was an independent senior consultant for Charles River Associates from 2009 to 2011 in its corporate strategy practice. He was engaged by Argonne National Laboratory as a management consultant from 2015 to 2016 for a project in the energy sector and, subsequently, by a private equity firm conceived at Argonne, Volta Energy Technologies, LLC. Mr Schell has long-standing ties to India, where he was posted with the U.S. Peace Corps from 1969 to 1972. He was a lecturer on South Asian affairs at the Harris School of Public Policy, University of Chicago, from 2009 to 2018 and was a member of the Dean’s International Council. He was a delegate to a G20 subforum sponsored by Gateway House, Think 20 Mumbai, in 2019. Mr Schell also served on the boards of the National Foreign Trade Council, Bankers’ Association for Foreign Trade, and Music of the Baroque and on the editorial board of the National Strategy Forum. Presently he serves on the Hagel Advisory Council of the University of Chicago, which supports the Chicago Project on Security and Threats of the university. Mr Schell has proficiency in German, French, Hindi-Urdu, and Portuguese. Mr Schell earned an MBA from the University of Chicago and a BA in English from Stanford University. His numerous opinion pieces on global affairs have appeared in the Far Eastern Economic Review (Wall Street Journal Digital Network), Chicago Tribune, The American Spectator, National Strategy Forum Review, The Hindustan Times, and Gateway House.
Expertise

Business, India History

Last modified: May 20, 2021

Recent projects

IMG_9738 Courtesy: Macmillan/Dexter Roberts
18 June 2020 Gateway House

The Myth of Chinese Capitalism

China’s dramatic political and economic rise over the past three decades has been well recorded. Less known is the effort of China's rural labourers and migrants, which has largely enriched the coastal elites, instead of creating the egalitarian, capitalist, society China espouses. Dexter Roberts’ book takes us deep into the story of China’s rise, and exposes this reality. Roberts chronicles the lives of the many rural folk he has met during two decades of work and travels in China. It gives the book a personal and compassionate note, with the authenticity of a hands-on China expert.
shutterstock_132894758 Courtesy: Shutterstock
25 May 2020 Gateway House

Globalisation: good-bye to the hype

Globalisation has resulted in the interdependence of nations through the largely unimpeded transmission of investment capital and information, and integrated business operations. The leading beneficiaries have been the global 1%, and China. While it is too late and not possible to roll back an interconnected world order, globalization as we know it will recede, as will China’s standing in the world.
shutterstock_198494135 Courtesy: Shutterstock
25 July 2019 Gateway House

India’s potential game changers

The reelected BJP government faces the dual challenges of agriculture stress and weak employment. The author believes that India's world standing in food and agriculture gives it a platform to address the issue of genetically modified seeds, and that performance risk insurance should be used to support financing for Small and Medium Enterprises