Mimi Alemayehou

Last updated

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.

Contents

She is the recipient of a Distinguished Honor Award.

Early life and education

Mimi Alemayehou is a naturalized U.S. citizen; she was born in Ethiopia and spent her childhood in Kenya before immigrating to the United States. [1]

Alemayehou earned her bachelor's degree from West Texas A&M University [2] and holds a master's degree in International Business and International Law and Development from the Fletcher School of Law and Diplomacy at Tufts University. [3]

Career

From March 2010 to April 2014, Alemayehou served as Executive Vice President of the Overseas Private Investment Corporation (OPIC). [4]

In June 2010, President Barack Obama nominated Alemayehou to the board of directors of the African Development Foundation. [3]

While at OPIC, Alemayehou oversaw a portfolio of approximately $16 billion invested in over 100 countries. [1] During this time, the agency partnered with President Obama's Power Africa Initiative, a blueprint for improving access to electricity in underdeveloped regions of Africa. [5] In March 2014, Alemayehou testified on behalf of OPIC at the United States Senate Committee on Foreign Relations hearing on the Power Africa Initiative. [6]

Prior to her position at OPIC, Alemayehou served as the United States Executive Director at the African Development Bank (AfDB), where she executed board decisions on behalf of the U.S. government. She received a Distinguished Honor Award from then-U.S. Secretary of Treasury Henry Paulson for her service in this role. [7] Prior to the AfDB, she was founder and Managing Partner of Trade Links, LLC, a development consulting firm that worked with clients on emerging markets issues and on promoting African exports under the African Growth and Opportunity Act. [3]

Previously, Alemayehou was with the International Executive Service Corps where she managed a multi-country trade project in Africa. She also served as a Director of International Regulatory Affairs at WorldSpace Corporation, a satellite telecommunications company focused on emerging markets. [7]

In December 2013, Forbes Magazine featured Alemayehou on its list of "The 20 Young Power Women in Africa 2013." [8]

Other Activity

In 2015, Alemayehou signed an open letter which the ONE Campaign had been collecting signatures for; the letter was addressed to Angela Merkel and Nkosazana Dlamini-Zuma, urging them to focus on women as they serve as the head of the G7 in Germany and the AU in South Africa respectively, which will start to set the priorities in development funding before a main UN summit in September 2015 that will establish new development goals for the generation. [9]

Related Research Articles

<span class="mw-page-title-main">Overseas Private Investment Corporation</span>

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). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the foreign policy of the United States and national security objectives.

Ross J. Connelly is the former Executive Vice President and COO of the Overseas Private Investment Corporation. Prior to OPIC, Connelly worked for Bechtel Corporation; he was an executive (1977) and later a senior principal with Bechtel Investments and the President of Bechtel Energy Resources, Inc.. In 1993, Connelly was elected President of Northgas, a Bechtel joint-venture dedicated to developing natural gas resources in northern Russia. He held this position until he left Bechtel in 1995.

Lottie H. Shackelford is an American politician who in 1987 was the first woman appointed Mayor of Little Rock, Arkansas. In 1993, President Bill Clinton appointed her to the Board of Directors of the Overseas Private Investment Corporation (OPIC), making her the first African American woman to serve in that role. She also is the longest serving Vice Chair of the Democratic National Committee (DNC), having held the office for 20 years.

<span class="mw-page-title-main">Maurice Tempelsman</span> American businessman

Maurice Tempelsman is a Belgian-American businessman and diamond merchant. He was the longtime companion of Jacqueline Kennedy Onassis, former First Lady of the United States.

<span class="mw-page-title-main">George Muñoz</span>

George Muñoz is an American businessman, CPA and attorney. He is the president and co-founder of Muñoz Investment Banking Group which is primarily focused on financing and investments in the Emerging Markets Countries as well as in the U.S. Hispanic community. He is also a partner at Tobin & Muñoz, a Chicago-based law firm focused on commercial litigation, white collar investigations and litigation, and international transactions, where he works out of the firm's Chicago and Washington, D.C. offices.

<span class="mw-page-title-main">African Development Bank</span> Multilateral development finance institution

The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

<span class="mw-page-title-main">Robert Mosbacher Jr.</span> American businessman

Robert Adam Mosbacher Jr. 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 2005.

<span class="mw-page-title-main">Josette Sheeran</span> American non-profit executive and diplomat

Josette Sheeran is an American non-profit executive and diplomat who served in the United States Department of State. Sheeran serves as the seventh president and CEO of Asia Society since June 10, 2013. Sheeran was also the United Nations's Special Envoy for Haiti.

Ruth Harkin is an American attorney who served as county attorney of Story County, Iowa, one of the first female prosecutors elected in the United States.

<i>Forbes</i> list of The Worlds 100 Most Powerful Women Ranking published by Forbes magazine

Since 2004, the American business magazine Forbes has compiled an annual list of the 100 most powerful women in the world. It is edited by prominent Forbes journalists, including Moira Forbes, and is based on visibility and economic impact. Angela Merkel, who served as chancellor of Germany for 16 years, held the top spot from 2006 to 2020, aside from 2010, when she was temporarily supplanted by Michelle Obama, the then-first lady of the United States. The top 10 per year are listed below. There were at least six American women each year.

<span class="mw-page-title-main">Henrietta H. Fore</span> American government official

Henrietta Holsman Fore is an American public health and international development executive who served as the 7th Executive Director of UNICEF till January 2022. Fore currently serves as Chairman and CEO of Holsman International, a management, investment, and advisory services company. She served in three presidential appointments under President George W. Bush: Fore was the first woman Administrator of the United States Agency for International Development (USAID) and Director of U.S. Foreign Assistance, the 11th Under Secretary of Management in the Department of State, and the 37th Director of the United States Mint in the U.S. Department of Treasury. She was the presidential appointee for President George H. W. Bush at the United States Agency for International Development.

<span class="mw-page-title-main">Daniel Yohannes</span> American businessman

Daniel W. Yohannes is an Ethiopian-American businessman and philanthropist who served as the U.S. Ambassador to the OECD from 2014 to 2017.

<span class="mw-page-title-main">Daniel FitzGerald Runde</span>

Daniel Fitzgerald Runde is a senior executive, strategist and expert in international development, international trade, investment, global business and organizational change who builds dynamic partnership alliances among governments, multi-lateral institutions, corporations, and philanthropies. Runde is the author of the acclaimed book, "The American Imperative: Reclaiming Global Leadership through Soft Power."

<span class="mw-page-title-main">Elizabeth Littlefield</span>

Elizabeth L. Littlefield is the Senior Partner and Co-founder of West Africa Blue, and Senior Advisor at Pollination, a climate change investment and advisory firm. She chairs the Board of M-KOPA solar and serves on the board of the World Wildlife Fund (US).

Katherine M. Gehl is an American businesswoman and published author. She was the president and CEO of her family-owned company, Gehl Foods, Inc. She served as a member of the board of directors of the Overseas Private Investment Corporation, a role to which she was nominated by President Barack Obama in 2010. She later founded the Institute for Political Innovation.

<span class="mw-page-title-main">Ada Osakwe</span> Nigerian economist, entrepreneur, and executive

Ada Osakwe is a Nigerian economist, an entrepreneur and corporate executive, who is the founder and chief executive officer of Agrolay Ventures, an agribusiness investment company based in Nigeria, which invests in African agricultural food-related companies. She is also the Founder of Nuli Foods and Nuli Juice company. From November 2012 until May 2015, Ada Osakwe was the Senior Investment Adviser to Nigeria's Minister of Agriculture and Rural Development, Akinwumi Adesina.

<span class="mw-page-title-main">U.S. International Development Finance Corporation</span> US federal agency responsible for providing foreign aid

The United States International Development Finance Corporation (DFC) is a development finance institution and agency of the United States federal government. DFC invests in development projects primarily in lower and middle-income countries. First authorized on 5 October 2018 by the BUILD Act, the independent agency was formed on 20 December 2019 by merging the Overseas Private Investment Corporation (OPIC) with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID), as well as with several other smaller offices and funds.

<span class="mw-page-title-main">Adam S. Boehler</span> American businessman and government official

Adam Seth Boehler is an American businessman and government official who was unanimously confirmed by the U.S. Senate to serve as the first CEO of the U.S. International Development Finance Corporation. He is currently the CEO of Rubicon Founders, a health care investment firm based in Nashville.

Anne Namara Kabagambe is a Ugandan international development and finance executive who is a former executive director of the International Bank for Reconstruction and Development World Bank Group's Africa Group 1 constituency. She currently serves on the board of Barrick Gold Corporation.

<span class="mw-page-title-main">David Bohigian</span> American businessman

David Steele Bohigian is an American businessman and government official who served as the acting president of the Overseas Private Investment Corporation, the former development finance institution of the United States government. Bohigian previously served as the corporation's executive vice president. He was confirmed by the Senate by voice vote in August 2017 under the Donald Trump administration. He also served as Assistant Secretary of Commerce for Market Access and Compliance under President George W. Bush. Bohigian is also an investor, venture capitalist, and has graduated from law school.

References

  1. 1 2 “Mimi Alemayehou: Top African Female Executive At The Overseas Private Investment Corporation (OPIC) - Part One.”, Forbes. Retrieved 28 July 2014.
  2. “Mimi Alemayehou.”, Ethiopian Women Unleashed. Retrieved 28 July 2014.
  3. 1 2 3 PD-icon.svg This article incorporates public domain material from the White House . Retrieved 28 July 2014.
  4. “Africa: U.S. Private, Public Sectors Step Up to Power Challenge - Mimi Alemayehou.” Archived 2014-08-08 at the Wayback Machine , AfricanLiberty.org. Retrieved 28 July 2014.
  5. “My Personal Journey As An Ethiopian American Working For Power Africa.”, USAID. Retrieved 28 July 2014.
  6. “Testimony of Mimi Alemayehou, Executive Vice President Overseas private Investment Corporation.”, Committee on Foreign Relations, United States Senate. Retrieved 28 July 2014.
  7. 1 2 "Mimi Alemayehou – One of the 20 Young Power Women from Africa". 2014-06-05. Archived from the original on 2014-06-05. Retrieved 2017-06-22.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  8. “The 20 Young Power Women In Africa 2013.”, Forbes. Retrieved 8 August 2014.
  9. Tracy McVeigh (7 March 2015). "Poverty is sexist: leading women sign up for global equality | Life and style". The Guardian. Retrieved 2015-05-08.