IREX announces new member of the Board of Governors

IREX announces new member of the Board of Governors


Headshot of Mosbacher, man with glasses and suit smiling

IREX is pleased to announce that Rob Mosbacher, Jr., has joined its Board of Governors. Rob’s decades of experience working in both the private and the public sector, coupled with his service on several boards, will allow him to contribute greatly to IREX.

“I am thrilled that Rob Mosbacher, Jr. has joined IREX’s Board of Governors,” said IREX President and CEO Kristin Lord. “Rob shares IREX’s commitment to supporting individuals and institutions to create positive change in their communities and has worked extensively to strengthen U.S. efforts to address some of the world’s most pressing problems. We look forward to engaging with Rob as we strive for a more just, prosperous, and inclusive world.”

Rob Mosbacher, Jr. is chairman of the Board of Mosbacher Energy Company, a family-owned energy business headquartered in Houston, Texas.  He also served as the ninth president and CEO of the Overseas Private Investment Corporation from 2005 to 2009, an independent agency of the U. S. Government that has facilitated over $40 billion in investments in developing countries around the world.  Since that time, he has served as co-chair of the Consensus for Development Reform, a platform of leading conservative and private sector voices for more effective U. S. global leadership through reforming and improving our approach to global development. Mr. Mosbacher Jr., also lent his expertise as a 12-year member of the Board of Global Communities, including 9 years as chair, and served on the Board of the Center for Global Development for 12 years.

Mr. Mosbacher, Jr., played an instrumental role in the drafting and passage of the BUILD Act, a bipartisan piece of legislation passed in 2018, that combined the Overseas Private Investment Corporation and the Development Credit Authority of USAID, into a new U.S. International Development Finance Corporation. Under the BUILD Act, the new Development Finance Corporation was required to create a Development Advisory Council comprised of outside experts to report directly to the Board of the Development Finance Corporation on how well the agency is maximizing its impact on the host countries of the projects it approved and funded.  Mr. Mosbacher, Jr., has served as chair of the Development Advisory Council for the past three years.

Mr. Mosbacher, Jr., worked for U. S. Senator Howard Baker for almost eight years, helped launch the Reagan Administration’s Private Sector Initiatives Program, and was appointed by President Reagan to three successive Presidential Task Forces. He currently serves on the Board of the National Archives Foundation, Devon Energy, and is a former member of the Board of the Calpine Corporation.

Mr. Mosbacher Jr., received a law degree in 1977 from Southern Methodist University, and a Bachelor of Arts degree from Georgetown University in 1973.