WASHINGTON – The U.S. International Development Finance Corporation (DFC) Board of Directors has approved new members of the agency’s inaugural Development Advisory Council, which advises DFC on ways to increase development impact. The Board also approved former Overseas Private Investment Corporation (OPIC) Chairman and Chief Executive Officer Robert Mosbacher, Jr. as chair of the council. “I am thrilled to announce the new members and chair of DFC’s Development Advisory Council,” said DFC Chief Executive Officer Adam Boehler. The new members of the Development Advisory Council include:Frederick Kempe: Since 2007, Kempe has served as President and Chief Executive Officer of the Atlantic Council. As Chairman and CEO of OPIC, DFC’s predecessor agency, from 2005 to 2009, Mosbacher brings significant experience in global development as the first chair of the Development Advisory Council.

Source: Front Page Africa August 04, 2020 22:52 UTC