Washington, D.C.—The Millennium Challenge Corporation’s Vice President of Policy and Evaluation, Sheila Herrling, will serve as Acting CEO at the agency. Herrling assumes the position after the departure of Daniel W. Yohannes, the longest serving CEO in the U.S. agency’s history.
Yohannes leaves MCC to serve as Representative of the United States of America to the Organisation for Economic Co-operation and Development, with the rank of ambassador, after receiving United States Senate confirmation on April 9, 2014.
Herrling will serve in this position while MCC awaits the confirmation of Dana J. Hyde, who was nominated to serve as the agency’s CEO by President Barack Obama in September 2013. The Senate Foreign Relations Committee approved the nomination of Hyde in December.
Herrling has served as Vice President at MCC for four years. She has more than 20 years of experience in development and has held senior positions at the U.S. Department of the Treasury and the non-profit think tank Center for Global Development.
MCC is an innovative and independent U.S. agency that is working to reduce global poverty through economic growth. Created by the U.S. Congress in January 2004, with strong bipartisan support, MCC provides time-limited grants and assistance to countries that demonstrate a commitment to good governance, investments in people and economic freedom.