President Obama Announces Three Federal Agency Nominations

President Obama Announces Three Federal Agency Nominations


Three federal agencies have received nominations from President Obama for key posts this week.

In a written statement, the President announced that he will submit four candidates to fill positions within the United States Agency for International Development (USAID), the Marine Mammal Commission (MMC), and the Overseas Private Investment Corporation (OPIC), all federal agencies.

“These dedicated men and women will be valued additions to this Administration. I am grateful for their service and I look forward to working with them in the months and years to come,” said President Obama.

The President nominated Eric G. Postel as the Assistant Administrator for Economic Growth, Agriculture and Trade at USAID. Postel is the founder of Pangaea Partners, an investment banking group and financial consulting group that specializes in emerging markets. USAID is an independent federal agency that supports economic growth, agriculture and trade, global health, democracy, conflict prevention, and humanitarian assistance.

At the Marine Mammal Commission, Frances Gulland, Ph.D. has been nominated as a member of the organization. Dr. Gulland has served as the Director of Veterinary Services at The Marine Mammal Center in Sausalito, California since 1994. She is also the associate editor of the Journal of Wildlife Disease and a science advisor with the California Ocean Protection Council. The Marine Mammal Commission, to which she was nominated by the President, is a watchdog of marine mammal conservation policies and programs conducted by other federal agencies.

The final two nominations were submitted for Roberto Herencia and James Torrey as members of the Board of Directors of the Overseas Private Investment Corporation. The organization assists with U.S. business investments overseas. They also deal with foreign direct investment, support U.S. foreign policy, and encourage economic development in new and emerging markets.

Herencia is currently an independent director of SKBHC, a bank holding company focused on acquisitions and assisted deals for community banks and private equity funds. Torrey, meanwhile, is a senior advisor to Cadogan Management, a fund-of-funds firm. He has also been a hedge fund investor since 1977.

All of the nominees must be confirmed by the U.S. Senate before they can assume their new roles within the Obama Administration.