Ray Washburne to Resign From Overseas Private Investment Corp. March 1
This article is for subscribers only.
Ray Washburne said he plans to step down as head of the Overseas Private Investment Corp., which is boosting funding for projects in the developing world amid increasing competition from China.
The agency, which helps U.S. businesses invest in emerging markets, is being transformed into a new entity, the U.S. International Development Finance Corporation, under the 2018 BUILD Act.