As fourth Executive Director of UNICEF, Carol Bellamy led the agency from 1995 to 2005. Prior to joining UNICEF, Ms. Bellamy was Director of the United States Peace Corps. Having served as a Peace Corps volunteer in Guatemala from 1963 to 1965, she was the first former volunteer to run the organization, which works in more than 90 countries. Ms. Bellamy has had a distinguished career in the private sector. She was a Managing Director of Bear Stearns & Co. from 1990 to 1993, and a Principal at Morgan Stanley and Co. from 1986 to 1990. Between 1968 and 1971 she was an associate at Cravath, Swaine and Moore. Ms. Bellamy also spent 13 years as an elected public official, including five years in the New York State Senate (1973-1977). In 1978, she became the first woman to be elected President of the New York City Council, a position she held until 1985. Ms. Bellamy earned her law degree from New York University in 1968. She is a former Fellow of the Institute of Politics at Harvard University's Kennedy School of Government, and an honorary member of Phi Alpha Alpha, the U.S. National Honor Society for Accomplishment and Scholarship in Public Affairs and Administration. Ms. Bellamy graduated from Gettysburg College in 1963. She was born and raised in the New York area. She is a Mets fan. Upon leaving UNICEF, Ms. Bellamy has taken a new position as CEO and President of World Learning and President of its School for International Training. World Learning, based in Vermont, is one of the world's first private, non-profit, international educational organizations. Carol Bellamy was elected to the New York State Senate as a Democrat in the 1972 general election to represent Brooklyn's 23rd Senatorial District. In 1974, Senator Bellamy was successful in her re-election bid. Between 1968 and 1971, Ms. Bellamy was an associate in corporate law with the firm of Cravath, Swaine and Moore in New York City. She then was Assistant Commissioner in the City's Department of Mental Health and Mental Retardation Services. Senator Bellamy also served as Co-Director of the Council of New York Law Associates, a public interest law organization.