The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has appointed Tracey Webb as OPIC’s Vice President for Structured Finance and Insurance (SFI).

Webb will oversee the SFI department, which is focused on providing both financing and insurance solutions for long-term investments that strengthen OPIC contributions to international development, in sectors such as power, infrastructure, and inclusive financial services.

Webb brings nearly three decades of private and public sector finance experience to the position, including over 20 years of experience at OPIC, most recently as a Managing Director of Structured Finance.

Prior to OPIC, she worked to support domestic and global transactions at Peat, Marwick & Mitchell, Union Bank of California, and Bank of Austria.

During her tenure at OPIC, Webb has been responsible for over $4bn in new financing within the agency’s portfolio.

Elizabeth Littlefield, OPIC’s President and CEO, said: “I’m proud to welcome Tracey into this crucial leadership role at OPIC. She brings real, formidable experience across the business spectrum, but most importantly, Tracey also deeply understands the crucial role OPIC plays in driving impactful investment into some of the world’s most challenging economies. I look forward to continuing OPIC’s focus on catalyzing transformative development with Tracey at the helm of SFI.”