Speaking on a panel at the MAKERS women’s conference Wednesday afternoon, Tina Tchen, an assistant to President Obama and chief of staff to the Michelle Obama, announced a new event centered around finding solutions to the challenges faced by women and girls around the world.

Called the White House Summit on the United State of Women, the event will take place in Washington D.C. on May 23 and will bring together a group of leaders from the public and private sectors to discuss issues impacting women and girls, including educational opportunity, leadership and visibility, and entrepreneurship and innovation.

“This is the culmination of the past seven years” of the administration’s work in this area, Tchen told Pattie Sellers, executive director of Fortune MPW Live Content, who hosted the panel. President Obama is expected to attend the summit, said Tchen.

The President and First Lady’s efforts around women and girls have included the launch of the Let Girls Learn initiative to help girls worldwide attend school, the It’s On Us campaign to prevent campus sexual assault, and the first-ever White House Demo Day, during which the president called on private companies to increase the diversity of their workforces.

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“This vital issue of women’s empowerment and the protection of women and girls has gone from only being a human rights issue to smart economics and smart global development,” said Tchen’s fellow panelist Dina Habib Powell, head of Goldman Sachs’ Impact Investing business, global head of corporate engagement and president of Goldman Sachs Foundation. “If women and girls are not part of global solutions, we’re not going to get anywhere.”

Goldman Sachs 10,000 Women is one of the White House’s corporate partners on the event, along with the Tory Burch Foundation and the Ford Foundation.