“I’m here and I’m ready to work,” OPIC President and CEO Ray Washburne told OPIC staff Tuesday during a meeting where he outlined his vision for the Agency.
Washburne, a longtime Texas-based investor who was confirmed by the U.S. Senate earlier this month as the eleventh President and CEO of OPIC, said he was encouraged by the speed with which the Agency’s new leadership has been put in place. In addition to Washburne and David Bohigian, who was also confirmed earlier this month as OPIC Executive Vice President, OPIC’s new executive team includes Edward Burrier, Vice President, Office of External Affairs; and William Doffermyre, Vice President and General Counsel.
“We’re ready to run,” said Washburne, who is planning to travel around the U.S. to engage with OPIC’s businesses and investor partners, Congress and other stakeholders. In addition to highlighting the positive impact of OPIC’s work supporting development through private investment, Washburne said he plans to take a hands-on approach with OPIC’s pipeline of projects and its innovative financial tools.
During a brief address to OPIC’s team, Washburne spoke of his family, his extensive experience in business and his travels to Africa. He described how he put himself through college selling carpet door to door, and went on to head a series of successful businesses, most recently serving as President and CEO of the Dallas real estate company Charter Holdings. He’s also served on the loan committees of several banks, infrastructure, construction and manufacturing businesses, and he recently funded the construction of a new K-12 school in Zambia’s capital, Lusaka.
Ray W. Washburne
President and Chief Executive Officer
Executive Vice President
Acting Chief of Staff
Acting Vice President, Office of Investment Policy
Edward A. Burrier
Vice President, Office of External Affairs
Vice President for Financial and Portfolio Management
Vice President and General Counsel
Acting Vice President, Investment Funds
Vice President, Department of Management and Administration
James C. Polan
Vice President, Small and Medium Enterprise Finance
Vice President, Structured Finance and Insurance