US President Donald Trump on Friday announced his intention to nominate Indian American Deven Parekh as a member of the Board of Directors of the International Development Finance Corporation.
The nomination of Parekh, who is the managing director at software investment firm Insight Partners will be for a period of three years.
Parekh previously served on the Overseas Private Investment Corporation board from 2016 to 2018 and was a member of the advisory board of the United States Export-Import Bank from 2010 to 2012.
A leading Indian American global venture capitalist, Parekh received his BS in Economics from the Wharton School at the University of Pennsylvania.
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