Presidential Document2025-00676
Designation of Officials of the United States International Development Finance Corporation To Act as Chief Executive Officer
Primary source
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Published
January 13, 2025
Signed
January 3, 2025
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 90 Issue 7 (Monday, January 13, 2025)</title>
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[Federal Register Volume 90, Number 7 (Monday, January 13, 2025)]
[Presidential Documents]
[Pages 2603-2604]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-00676]
Presidential Documents
Federal Register / Vol. 90, No. 7 / Monday, January 13, 2025 /
Presidential Documents
[[Page 2603]]
Memorandum of January 3, 2025
Designation of Officials of the United States
International Development Finance Corporation To Act as
Chief Executive Officer
Memorandum for the Chief Executive Officer of the
United States International Development Finance
Corporation
By the authority vested in me as President by the
Constitution and the laws of the United States of
America, including the Federal Vacancies Reform Act of
1998, as amended, 5 U.S.C. 3345 et seq. (the ``Act''),
it is hereby ordered that:
Section 1. Order of Succession. Subject to the
provisions of section 2 of this memorandum, and to the
limitations set forth in the Act, the following
officials of the United States International
Development Finance Corporation (DFC), in the order
listed, shall act as and perform the functions and
duties of the office of the Chief Executive Officer of
DFC during any period in which the Chief Executive
Officer has died, resigned, or otherwise become unable
to perform the functions and duties of the office of
Chief Executive Officer:
(a) Deputy Chief Executive Officer;
(b) Head of Investment;
(c) Chief Operating Officer;
(d) Chief of Staff;
(e) Vice President and General Counsel;
(f) Senior Vice President for Investment;
(g) Senior Vice President for Management;
(h) Deputy General Counsel for Policy, Monitoring,
and Corporate Affairs; and
(i) Chief Financial Officer and Vice President,
Finance.
Sec. 2. Exceptions. (a) No individual who is serving in
an office listed in section 1 of this memorandum in an
acting capacity shall, by virtue of so serving, act as
Chief Executive Officer pursuant to this memorandum.
(b) No individual who is serving in an office
listed in section 1 of this memorandum shall act as
Chief Executive Officer unless that individual is
otherwise eligible to so serve under the Act.
(c) Notwithstanding the provisions of this
memorandum, the President retains discretion, to the
extent permitted by law, to depart from this memorandum
in designating an acting Chief Executive Officer.
Sec. 3. Revocation. The Presidential Memorandum of
January 8, 2021 (Providing an Order of Succession
Within the United States International Development
Finance Corporation), is hereby revoked.
Sec. 4. General Provisions. (a) Nothing in this
memorandum shall be construed to impair or otherwise
affect:
(i) the authority granted by law to an executive department or agency, or
the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget
relating to budgetary, administrative, or legislative proposals.
[[Page 2604]]
(b) This memorandum shall be implemented consistent
with applicable law and subject to the availability of
appropriations.
(c) This memorandum is not intended to, and does
not, create any right or benefit, substantive or
procedural, enforceable at law or in equity by any
party against the United States, its departments,
agencies, or entities, its officers, employees, or
agents, or any other person.
(d) You are authorized and directed to publish this
memorandum in the Federal Register.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
THE WHITE HOUSE,
Washington, January 3, 2025
[FR Doc. 2025-00676
Filed 1-10-25; 8:45 am]
Billing code 3210-02-P
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</html>Indexed from Federal Register on January 13, 2025.
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