Elizabeth Littlefield, President and CEO Overseas Private Investment Corporation (OPIC)
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Please join us for a roundtable discussion with Elizabeth Littlefield, President and CEO with the Overseas Private Investment Corporation (OPIC). Ms. Littlefield will provide a comprehensive overview of OPIC's offerings and examples of how companies of different sizes have used OPIC in the region and elsewhere. Topics to be discussed at the roundtable will be of interest to professionals in the construction, equipment, legal, and financial industries.About the speaker
Elizabeth L. Littlefield was appointed by President Obama as the President and CEO of OPIC, an Under Secretary level position. Under Littlefield’s leadership, OPIC’s annual commitments to renewable resources projects grew ten-fold in three years to $1.5 billion, while generating increasing income for the federal budget – a number that reached $426 million in 2013. She has also instituted major reforms of the agency’s policies, systems and processes and introduced new financial innovations to augment the agency’s development impact. Ms. Littlefield was presented in 2012 with the Secretary’s Distinguished Service Award, the highest award in the Foreign Service, by Secretary Hillary Clinton.
Prior to joining OPIC, Ms. Littlefield was Chief Executive Officer of CGAP (Consultative Group to Assist the Poor), a policy and research center dedicated to advancing poor people’s access to financial services. Housed at the World Bank, CGAP develops innovative solutions, promotes industry standards, provides market intelligence and data, and advises governments, financial institutions and investors.
Before CGAP, Ms. Littlefield hold many senior management positions at world leading companies including JP Morgan as Managing Director in charge of capital markets and financing in emerging Europe, Middle East and Africa; MasterCard Foundation, Calvert Foundation and Women’s World Banking, among others serving on the Boards and Executive Committees; founder of the Emerging Markets Charity in the UK. She currently serves on the President’s Export Cabinet, is the Chairperson of the World Economic Forum’s Global Agenda Council on Social Innovation and a member of the Council on Foreign Relations.
Ms. Littlefield taught Financial Sector Development as an Adjunct Professor in the Masters Program at the School of Advanced International Studies (S.A.I.S.). She is a graduate of Brown University and also attended Ecole Nationale de Sciences Politiques in Paris.About OPIC
OPIC is the U.S. Government’s development finance institution. It mobilizes private capital to help solve critical development challenges and in doing so, advances U.S. foreign policy. Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.
Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. OPIC services are available for new and expanding business enterprises in more than 150 countries worldwide. To date, OPIC has supported more than $200 billion of investment in over 4,000 projects, generated an estimated $75 billion in U.S. exports and supported more than 277,000 American jobs.