Ryan Brennan Assumes Role of OPIC Chief Operating Officer
April 5, 2019
WASHINGTON - Ryan Brennan today assumed the role of Chief Operating Officer of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution. Mr. Brennan previously served as OPIC Vice President for the Office of Investment Policy since September 2017.
“Since arriving at OPIC, I’ve witnessed the extraordinary impact of our private sector investors on some of the most vulnerable populations, often in the most challenging environments in the world,” said Mr. Brennan. “I’m honored to take on this new role and look forward to working with Acting President and CEO David Bohigian to scale OPIC’s impact as we implement the BUILD Act and transform into a 21st-century development finance institution.”
Mr. Brennan has more than 20 years of investment and public policy experience with an emphasis on access to capital for small businesses in rural and highly urban communities. He was most recently Managing Director at Advantage Capital Partners, a U.S.-based venture capital firm with more than $2.3 billion under management, largely focused on investment in communities underserved by traditional financial services.
“Ryan’s leadership as OPIC’s Vice President for Investment Policy and demonstrated commitment to impact make him exceptionally prepared to take on the role of Chief Operating Officer,” said Acting OPIC President and CEO David Bohigian. “I’m thrilled to work alongside Ryan as we transform OPIC and extend our reach across the globe, and know that his leadership will be an invaluable asset to the agency during this important time.”
As Vice President for the Office of Investment Policy at OPIC, Mr. Brennan led a team that measures the expected developmental impact of proposed projects and monitors active projects to ensure that they adhere to high environmental and social standards, respect worker rights, and encourage positive host country development impact.
Mr. Brennan has been an active member in the National Venture Capital Association and the Community Development Venture Capital Alliance in addition to numerous state and local economic development associations. He is the immediate past President of the Boys and Girls Club of Napa Valley. Mr. Brennan holds a B.S. from Truman State University and an MBA from the Wharton School of Business at the University of Pennsylvania.
The Overseas Private Investment Corporation (OPIC) is a self-sustaining U.S. Government agency that helps American businesses invest in emerging markets. Established in 1971, OPIC provides businesses with the tools to manage the risks associated with foreign direct investment, fosters economic development in emerging market countries, and advances U.S. foreign policy and national security priorities. OPIC helps American businesses gain footholds in new markets, catalyzes new revenues and contributes to jobs and growth opportunities both at home and abroad. OPIC fulfills its mission by providing businesses with financing, political risk insurance, advocacy and by partnering with private equity investment fund managers.
OPIC services are available to new and expanding businesses planning to invest in more than 160 countries worldwide. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers. All OPIC projects must adhere to best international practices and cannot cause job loss in the United States.