Federal Position Descriptions
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President and CEO

President and Ceo, Overseas Private Investment Corporation
Responsibility
Management Scope

In fiscal 2015, OPIC had $285 million in budget outlays. The Overseas Private Investment Corporation has 229 employees and has accumulated assets of over $8.18 billion.2

Primary Responsibilities

• Directs all activities of OPIC and is responsible for managing its operations
• Except as limited by actions of the board, makes rules and regulations respecting the corporation and its business, and may delegate all or part of this authority
• Maintains liaison with the White House, other agencies of government, members of Congress, U.S. ambassadors, officers of foreign governments, and domestic, international and foreign business3

Strategic Goals and Priorities
[Depends on the policy priorities of the administration.]
Requirements

• Private business experience (22 U.S.C. § 2193)
• Experience with international business, transactions and management
• Understanding of the U.S. government internal policy process4

Competencies

• Strategic sense of how OPIC can advance U.S. development and foreign policy objectives
• Political skills to be able to secure support for OPIC in Congress
• Passion for development, with an understanding of the power of entrepreneurial capitalism to drive growth and prosperity in developing countries5
• Strong communication and interpersonal skills
• Strong leadership and managerial skills

Past Appointments
  • Elizabeth Littlefield (2010 to 2017): Director, Financial and Private Sector Division, World Bank; Chief Executive Officer, The Consultative Group to Assist the Poorest; Managing Director of Emerging Markets Capital Markets, JP Morgan6
  • Robert Adam Mosbacher Jr. (2005 to 2009): President and CEO, Mosbacher Energy Company; Vice Chairman, Mosbacher Power Group; Founder and Former Co-Chairman, Rebuilding Together Houston7
AGENCY

Overseas Private Investment Corporation

Mission: To help American businesses invest in emerging markets

COMPENSATION

Level III $165,300 (5 U.S.C. § 5314)1

REPORTS TO

The president of the corporation shall serve at the pleasure of the president. (22 U.S.C. § 2193)

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Footnote
  1. The Consolidated Appropriations Act, 2017 (Public Law 115-31, May 5, 2017), contains a provision that continues the freeze on the payable pay rates for certain senior political officials at 2013 levels during calendar year 2017.
  2. https://lo.bvdep.com/OrgDocument.asp?OrgId=-1&LDIBookId=19&LDIOrgId=159036&LDISecId=201&FromRecent=0&Save=1&Position=-1#O159036
  3. OPM
  4. Romney Readiness Projects
  5. Romney Readiness Projects
  6. https://www.linkedin.com/in/elizabeth-littlefield-2373989/
  7. https://www.cgdev.org/page/robert-mosbacher-jr
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