Press Release

For Immediate Release

January 4, 2011

Contact: 202-521-3880

Email: info@mcc.gov

Ambassador Mark Green and Alan Patricof Join the MCC Board of Directors

Washington, D.C.—Former Congressman and Ambassador Mark Green has joined the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors.  Alan Patricof, Founder and Managing Partner of Greycroft, LLC, has re-joined the Board for a second term.  Both were nominated by President Obama and confirmed by the U.S. Senate in December 2010.

“I am very pleased that Mark Green has joined the MCC Board of Directors,” said MCC Chief Executive Officer Daniel W. Yohannes.  “While serving in the House of Representatives, Ambassador Green was one of the architects of the MCC.  As U.S. Ambassador to Tanzania, he played a key role in the development and implementation of MCC’s compact there.  This experience and his years of public service will greatly inform the Board’s work on finding innovative solutions to reduce poverty through sustainable economic growth.”

“I am also pleased to welcome Alan Patricof back to the MCC Board,” Mr. Yohannes added. “Mr. Paticof’s experience in the private sector and his valuable contributions to MCC during his first term on the Board cannot be overstated.”

Mark Green is currently the Managing Director of the Malaria No More Policy Center, the Washington D.C.-based policy arm of the non-profit group Malaria No More (MNM).  Prior to joining MNM, Mr. Green served as U.S. Ambassador to the United Republic of Tanzania.  Immediately preceding his work as ambassador, Ambassador Green served four terms in the U.S. House of Representatives representing Wisconsin’s eighth congressional district.  He served as a member of the House International Relations Committee, where he co-authored such legislative initiatives as the Millennium Challenge Act; the Global Access to HIV/AIDS Prevention, Awareness and Treatment Act; and the United States Leadership Against HIV/AIDS, Tuberculosis and Malaria Act. 

Ambassador Green serves on the Board of Directors for the Center for U.S. Global Leadership; the Board of Advisors of Mothers Day Every Day (a joint project of CARE and White Ribbon Alliance); and the Board of Directors of WorldTeach.  He holds a J.D. from the University of Wisconsin School of Law and a B.A. from the University of Wisconsin – Eau Claire.

Alan Patricof is founder and Managing Director, Greycroft, LLC, a venture capital firm focused on the digital media sector.  A longtime innovator and advocate for venture capital, Mr. Patricof entered the industry in its formative days with the creation of Patricof & Co. Ventures Inc., a predecessor to Apax Partners, Inc. of which he was founder and chairman.  In 2006, this led to his formation of Greycroft Partners.

During the past 40 years, Mr. Patricof has also applied his knowledge and experience on a pro bono basis to address social inequities in the developing world, traveling extensively in Asia, Latin America, and Africa, and writing extensively on venture capital and the challenges these regions face.  He has served as an advisor to the International Finance Corporation, the commercial arm of the World Bank; a member of the UNDP Commission on Private Sector & Development; a member of the African Policy Board of the Council on Foreign Relations; an Advisory Board member of the African Venture Capital Association; and a Board Member of the Nigerian Honorary International Investor Council.  He was also vice chairman of the Commission on Increasing Capital Flows to Africa and, from 1993 to 1995, he served as Chairman of the White House Conference on Small Business Administration. 

Mr. Patricof holds a B.S. in finance from Ohio State University and an MBA from Columbia University Graduate School of Business.

The MCC Board is comprised of the U.S. Secretary of State, the U.S. Secretary of the Treasury, the U.S. Trade Representative, the USAID Administrator, the MCC CEO, and four non-governmental representatives.  These private sector Board members are nominated by the President from lists submitted by the minority and majority leaders of the House of Representatives and the United States Senate, and are confirmed by the Senate.

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Millennium Challenge Corporation, a U.S. Government agency designed to work with developing countries, is based on the principle that aid is most effective when it reinforces sound political, economic, and social policies that promote poverty reduction through sustainable economic growth.  For more information, please visit www.mcc.gov. 

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