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The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID) to form the U.S. International Development Finance Corporation (DFC).
U.S. development finance efforts were consolidated under the Overseas Private Investment Corporation (OPIC) in 1969 by President Richard Nixon, transferring responsibility from the United States Agency for International Development (USAID). The goal was to promote a more business-like management of development finance policy.
In this role, an Under Secretary-level position, [16] she managed OPIC's $29 billion portfolio of financing and insurance to support private investment in developing countries. Under Littlefield's leadership, OPIC investments in renewable energy [ 17 ] grew ten-fold its investment portfolio doubled and it ranked at the top of the federal ...
Overseas Private Investment Corporation; President and CEO of the OPIC David Bohigian: March 2019 Executive Vice President of the OPIC September 5, 2017 (Confirmed August 3, 2017, voice vote) Member of the Board of Directors of the Overseas Private Investment Corporation Christopher Vincze [253] July 10, 2019 (Confirmed June 13, 2019, voice vote)
In June 2017, President Trump announced his intent to nominate Bohigian as Executive Vice President of the Overseas Private Investment Corporation (OPIC). [6] In August 2017, he was confirmed by the Senate to his position in the OPIC. [2] Bohigian eventually assumed the role of acting president and CEO of the OPIC in March 2019.
Robert Adam Mosbacher Jr. (born May 29, 1951) is an American businessman, founder of BizCorps, and the former head of the Overseas Private Investment Corporation (OPIC). ). Nominated by U.S. President George W. Bush, Mosbacher was sworn in as the ninth president and chief executive officer of OPIC in October
From December 2012 to December 2012, if you bought shares in companies when Kathryn A. Tesija joined the board, and sold them when she left, you would have a -1.9 percent return on your investment, compared to a 1.2 percent return from the S&P 500.
Mimi Alemayehou (born 1969) is a development finance executive who has served as Executive Vice President of the U.S. Overseas Private Investment Corporation (OPIC) and as United States Executive Director of the African Development Bank. She is the recipient of a Distinguished Honor Award.