The Obama administration has appointed Frank Islam to the Industry Trade Advisory Committee on Small and Minority Business.
Islam founded QSS Group, acquired by Perot Systems for $250 million in an all-cash transaction. The company had revenues of approximately $260 million.
“I am just elated, honored and humbled to serve on this committee because it is a great opportunity for an Indian American in the private sector to offer advice on and be a part in helping to shape trade policies of the Obama administration,” Islam said.
He has been awarded the Ernst and Young as Maryland Entrepreneur of the Year. Additionally, the U.S. Small Business Administration selected him in 2001 as the Small Business Person of the Year in the Washington, D.C. area.
ITAC is a private-public forum that assists the formation of the nation’s trade industry. Islam will serve on the board for four years.