Africa: DFC Declares New Members of Growth Advisory Council

Washington, DC — Company names former OPIC President and CEO Robert Mosbacher, Jr. as council chair

The U.S. Worldwide Growth Finance Company (DFC) Board of Administrators has authorised new members of the company’s inaugural Growth Advisory Council, which advises DFC on methods to extend improvement impression. The Board additionally authorised former Abroad Non-public Funding Company (OPIC) Chairman and Chief Government Officer Robert Mosbacher, Jr. as chair of the council.

“I’m thrilled to announce the brand new members and chair of DFC’s Growth Advisory Council,” stated DFC Chief Government Officer Adam Boehler. “DFC—and the communities it serves all over the world—will profit from expertise and management. The brand new members introduced at the moment full DFC’s inaugural Growth Advisory Council that may work carefully with the DFC Board and management to realize the event targets set by Congress.”

The Growth Advisory Council was established by the Higher Utilization of Investments Resulting in Growth (BUILD) Act of 2018, which created DFC. Members are appointed by DFC’s CEO in session with the company’s Chief Growth Officer and with the approval of its Board.

The brand new members of the Growth Advisory Council embrace:

  • Frederick Kempe: Since 2007, Kempe has served as President and Chief Government Officer of the Atlantic Council. Underneath his management, the Washington-based assume tank has expanded its work by way of regional facilities spanning the globe and offered thought management on matters starting from world improvement and commerce to vitality and worldwide safety.
  • Liz Schrayer: Schrayer is President and Chief Government Officer of the U.S. International Management Coalition (USGLC), a broad-based coalition of over 500 companies and NGOs that advocates for robust U.S. world management by way of improvement and diplomacy. On this position, she has grown the USGLC to a nationwide community of advocates in all 50 states.
  • The Honorable Ellen Johnson Sirleaf: Sirleaf served as President of the Republic of Liberia from 2006 to 2018. She was the primary feminine head of state to be democratically elected on the continent of Africa. Sirleaf has important non-public and public banking expertise and has labored to advertise peace, reconciliation, and financial improvement in Liberia, in West Africa, as chair of the Financial Group of West African States (ECOWAS), and all over the world, as one of many eminent individuals chosen by the UN Secretary-Normal to a Excessive-Stage Panel to overview the Put up-2015 Growth Agenda. President Sirleaf additionally shared the 2011 Nobel Peace Prize which celebrated the position of girls in peace constructing.

As Chairman and CEO of OPIC, DFC’s predecessor company, from 2005 to 2009, Mosbacher brings important expertise in world improvement as the primary chair of the Growth Advisory Council. He’s additionally Co-Chair of the Consensus for Growth Reform, sits on the boards of the Middle for International Growth and the Initiative for International Growth, and is Chairman of Mosbacher Power Firm.