From: Tsegai Emmanuel (emmanuelt40@gmail.com)
Date: Sat Nov 21 2009 - 10:08:28 EST
Press Release | November 21, 2009
------------------------------
*U.S. Senate Confirms Daniel W. Yohannes as CEO of Millennium Challenge
Corporation *
[image: Daniel Yohannes] *Daniel Yohannes *
*WASHINGTON, D.C. -- *The United States Senate on Friday unanimously
confirmed President Barack Obama’s nomination of Daniel W. Yohannes as the
new Chief Executive Officer of the U.S. Government’s Millennium Challenge
Corporation (MCC). As CEO, Mr. Yohannes will undertake MCC's mission to
reduce poverty through economic growth.
MCC is an innovative and independent U.S. foreign aid agency that is
helping lead the fight against global poverty. Created by the U.S. Congress
in January 2004, with strong bipartisan support, MCC is changing the
conversation on the delivery of U.S. foreign assistance by focusing on good
policies, country ownership, and results.
During his confirmation hearing in front of the Senate Foreign Relations
Committee, Mr. Yohannes said, “I welcome the opportunity to lead MCC. I will
work as a good emissary for MCC to partners around the world, to U.S.
Congress, and to all stakeholders, with the input of MCC's professionals,
the Board of Directors, the development community, partner countries, and
the private sector. I'm confident that MCC's anti-poverty partnerships
worldwide will generate sustainable economic growth and opportunity, and
this is fundamental to enhancing our collective security and common humanity
for a more prosperous, peaceful world.”
Mr. Yohannes continued, “We have a lot to accomplish in order to advance our
government's vision to reduce global poverty. It is challenging to replace
patronage with partnership to deliver smart aid that matters by encouraging
some policies, country-led development, and sustainable results. MCC offers
some important lessons on where to start. MCC lays an innovative foundation
to address the complex problem of global poverty.”
Following is Mr. Yohannes’ biography:
*Daniel W. Yohannes, Chief Executive Office, Millennium Challenge
Corporation *
Daniel W. Yohannes, a former banker and active philanthropist from
Englewood, Colorado, was nominated by President Obama as Chief Executive
Officer of MCC on September 18, 2009.
Since retiring from his post as Vice Chairman of U.S. Bank in 2003, Mr.
Yohannes has been a private investor specializing in real estate, financial
institutions, and the renewable energy sector. From 1992 to 1999, Mr.
Yohannes was President and CEO of Colorado National Bank (part of U.S.
Bank), and before this held a number of leadership roles at Security Pacific
Bank (now Bank of America).
Mr. Yohannes is active in his community and serves on various boards and
civil organizations, including the Board of the National Jewish Hospital,
the Denver Art Museum’s Board of Trustees, and the Board of Directors for
the University of Colorado Medical School. He was a board member of Project
C.U.R.E. (Commission on Urgent Relief & Equipment), which provides medical
supplies for needy people around the world, and chairman of the Mayor of
Denver’s Greenprint Council, a leadership group focused on improving the
environment of cities and reducing greenhouse gas emissions.
Mr. Yohannes graduated from Claremont McKenna College with a B.A. in
Economics and earned an M.B.A. from Pepperdine University. Born in Addis
Ababa, Ethiopia, he is fluent in Amharic.
*# # #*
*Millennium Challenge Corporation (MCC), a United States Government agency
designed to work with developing countries, is based on the principle that
aid is most effective when it reinforces good governance, economic freedom,
and investments in people that promote economic growth and help eliminate
extreme poverty. For more information about MCC, visit
**www.mcc.gov*<http://mcc.us1.list-manage.com/track/click?u=e4d2118c77b3532048a5bd5a4&id=97097bd983&e=3e00a391b8>
*.*
*N.B. Daniel Yohannes is a Tigreyan-Ethiopian*
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