May 28, 2024

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Nisha Desai Biswal Named DFC’s First Deputy CEO

The U.S. International Development Finance Corporation (DFC) today announced Nisha Desai Biswal as the Corporation’s first Deputy Chief Executive Officer (DCEO). The Senate confirmed Biswal by unanimous consent on July 27 and DFC CEO Scott Nathan swore her in on August 14. DCEO Biswal will have a broad portfolio that will further the Corporation’s ability to meet its mission, including catalyzing private sector investments, fostering partnerships, and driving positive change in emerging markets around the world.

“On behalf of the DFC team, I am excited to welcome Nisha as DFC’s first Deputy Chief Executive Officer,” said DFC CEO Scott Nathan. “She will be a valuable addition to DFC’s leadership team, bringing with her extensive experience in development and foreign policy from her service in senior roles in the public and private sectors. Nisha has amassed a deep understanding of the importance of DFC’s mission and the progress we can advance by unleashing the power of private capital.” 

DCEO Biswal has more than 30 years of experience in both the public and private sectors. Most recently, she served as Senior Vice President for International Strategy and Global Initiatives at the U.S. Chamber of Commerce.

Previously, she served as Assistant Secretary for South and Central Asian Affairs at the U.S. Department of State. Prior to joining the Department of State, Biswal was Assistant Administrator for Asia at the U.S. Agency for International Development (USAID), directing and supervising USAID programs and operations across the region.

She also served in senior roles on Capitol Hill, including as staff director on the State and Foreign Operations Subcommittee on Appropriations, and professional staff on the Foreign Affairs Committee in the House of Representatives.

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