On November 19, President Obama announced his intent to nominate Elizabeth Littlefield to be President of the Overseas Private Investment Corporation (OPIC). The WH released the following official bio:
Elizabeth Littlefield is currently a Director of the World Bank and the CEO of the Consultative Group to Assist the Poor (CGAP), a multi-donor organization created to help build a large scale permanent microfinance industry providing flexible, high-quality financial services on a sustainable basis to the poor. Ms. Littlefield previously worked with JP Morgan, where she was the Managing Director in charge of JP Morgan’s Emerging Markets Capital Markets Division. As such, she oversaw JP Morgan’s capital markets business in Central, Eastern and Southern Europe, Central Asia, Middle East and Africa.
In parallel to her career in investment banking, Ms. Littlefield also spent a year and a half providing guidance to several start-up microfinance institutions in West and Central Africa and in Pakistan. She has served on the executive board of several organizations including Women’s World Banking, Profund, Africa International Financial Holding, the Mastercard Foundation, the Calvert Foundation, and E&Co.
Littlefield is a graduate of Brown University and also attended Ecole Nationale de Sciences Politiques in Paris.
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The Overseas Private Investment Corporation (OPIC) is an agency of the United States Government established in 1971 that helps U.S. businesses invest overseas and promotes economic development in new and emerging markets as well as fosters the development & the growth of free markets.
- President Obama Announces More Key Administration Posts, 11/19/09
- CGAP Microfinance Blog: Elizabeth Littlefield
- Elizabeth Littlefield: LinkedIn
- World Bank Bio and Photo