Statement from DFC Spokesperson Pooja Jhunjhunwala On the Swearing-In of DFC CEO Scott Nathan

Statement from the Spokesperson

 

Today, joined by his family, Scott A. Nathan was sworn in as Chief Executive Officer of U.S. International Development Finance Corporation (DFC) by Vice President of the United States Kamala Harris. The ceremony took place in the Vice President’s Ceremonial Office.

“The Biden-Harris Administration is committed to mobilizing private-sector capital to support growth in the poorest countries in the world,” said CEO Nathan. “The needs of the developing world are tremendous, and we must provide an alternative, in line with our values, to the model offered by our strategic competitors. DFC is central to this effort and is making tangible, positive impact to improve people’s lives while, at the same time, strengthening our national security. I am excited and honored to lead the Corporation at this important time.”

DFC is just over two years old, and CEO Nathan will be the Corporation’s second CEO. His experience in the both the private and public sectors, and his commitment to promoting America’s interests abroad will strengthen the Corporation’s work.

The U.S. Senate voted to confirm CEO Nathan on February 9, 2022.

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U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.