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Four Key Executives Named to Help Lead Export-Import Bank of the United States

FOR IMMEDIATE RELEASE July 8, 2009

Media Contact Name/Phone: 

Phil Cogan, (202) 565-3200

WASHINGTON, D.C. --- Four key executives have been named to the senior management team of the Export-Import Bank of the United States (Ex-Im Bank):

      • · Alice Albright, Executive Vice President and Chief Operating Officer
      • · Kevin Varney, Senior Vice President and Chief of Staff
      • · Tom Lopach, Senior Vice President, Congressional Affairs
      • · Jonathan J. Cordone, Senior Vice President and General Counsel.

Ex-Im Bank Chairman and President Fred P. Hochberg said in announcing the appointments, These four individuals, and the rest of our senior staff, will work together to build on the Bank's reputation and ensure that Ex-Im Bank is innovative, takes prudent risks and provides exceptional service to help meet the challenges inherent in the current economic climate.

Today exports are more important than ever in helping the U.S. economy recover, and our senior leadership and the rest of the Bank are all dedicated to keeping exports flowing and American export workers on the job, Hochberg said.

Alice Albright joins Ex-Im Bank with a 24-year career in international finance in the private and nonprofit sectors.
From 2001 to 2009, she served as the chief financial and investment officer for the GAVI Alliance, an international public-private partnership dedicated to improving childhood immunization rates in the poorest countries. During her tenure at GAVI, she worked on introducing innovative mechanisms to enhance how vaccines and immunization services are financed in the poorest countries.
Prior to joining GAVI, Albright worked as a banker with a focus on emerging markets and held positions at the Carlyle Group, JP Morgan, Bankers Trust Company and Citicorp. Albright graduated from Williams College and received her M.A. from the School of International and Public Affairs at Columbia University. Ms. Albright is a chartered financial analyst.

Before joining Ex-Im Bank, Kevin Varney founded and served as the president of CMG LLC, a public affairs and strategic communications company in Washington, D.C.
Prior to CMG, Varney was senior vice president and chief of staff to the president and chief operating officer at an investment banking firm where his duties included working with senior management to develop the company's first three-year strategic plan, organizing board and shareholders meetings, as well as managing the development and review process of the company's annual operating budget.
Before investment banking, Varney served in the White House as the deputy chief of staff of the National Economic Council for the national economic advisor to President Clinton. Varney entered government as a senior staff member at the Treasury Department where his duties included long-term and strategic planning.
Varney is a graduate of the University of Utah. He attended the London School of Economics and earned an M.B.A. with a concentration in finance from Johns Hopkins University.

Tom Lopach brings over 10 years of in-depth experience working in congressional relations and national-level fundraising. Prior to joining the Bank, he served as national finance director for the Democratic Senatorial Campaign Committee (DSCC). Before his DSCC position, Tom spent eight years in various capacities in the office of Senator Edward M. Kennedy.
Lopach was born and raised in Helena, Montana and received his B.A. from Gonzaga University in Spokane, Washington. He has lived in Washington, D.C., since 1997.

Before joining Ex-Im Bank, Jonathan Cordone served as general counsel to the U.S. House of Representatives Committee on Energy and Commerce, the oldest legislative committee of the House of Representatives. Cordone coordinated all legislative proceedings and advised Chairman John Dingell on prioritizing and implementing the committee's agenda affecting numerous industries across the economy.
Prior to being appointed general counsel, Cordone served the committee as minority deputy general counsel and minority counsel for Commerce, Trade, and Consumer Protection.
Cordone also practiced law in New York and Connecticut, working on complex transactions involving project finance and leveraged leasing and lending.
He received a J.D. from the University of Connecticut School of Law and a B.A. in Political Science from Mary Washington College. His hometown is Trumbull, Conn.

Ex-Im Bank is the official export-credit agency of the United States. The independent, self-sustaining federal agency, now in its 75th year, helps create and maintain U.S. jobs by financing the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export-credit insurance and direct loans. In fiscal year 2008, Ex-Im Bank authorized $14.4 billion in financing to support an estimated $19.6 billion of U.S. exports worldwide. Eighty-six percent of nearly 2,328 transactions directly benefited small-business exporters.