Press Release

MCC Managing Director Named as a 40-under-40 International Development Leader

For Immediate Release

October 4, 2010

Washington, D.C. — On September 29, at the U.S. Chamber of Commerce’s Business Civic Leadership Center (BCLC) annual conference, Millennium Challenge Corporation Managing Director for Cooperation and Policy Improvement Sherri Kraham was honored as one of Devex’s 40-under-40 International Development Leaders. Solicited from Devex’s global community, Ms. Kraham was selected based on her influence and impact on the development agenda.

Devex’s 40-under-40 International Development Leaders award is the first time the aid and development professionals community has published the list, which names the top 40 international development leaders in Washington, DC who are 40 years of age or younger. 

Ms. Kraham is the Managing Director for Development Cooperation and Policy Improvement at the Millennium Challenge Corporation (MCC).  She manages the group responsible for promoting policy reform in developing countries, including through MCC’s Threshold Program.  She also manages the Development Cooperation unit working to promote aid effectiveness through developing policies and strategies for strengthening MCC’s innovative approach to international development assistance and through partnerships with the development community.  Ms. Kraham previously served as Vice President (Acting) and Deputy Vice President for the policy department, and as Managing Director for the Development Policy division.

Prior to joining MCC in 2004, Ms. Kraham worked at the U.S. Department of State for seven years developing policies and approaches and overseeing the execution of a broad range of foreign assistance programs. In 2003, she served a year-long assignment in Iraq for the Coalition Provisional Authority as part of the first civilian team dedicated to reconstruction efforts.  Before serving in Iraq, she served as an advisor to an Under Secretary of State, where she oversaw various U.S. foreign assistance programs of approximately $5 billion annually, which focused on development, humanitarian assistance, democracy promotion, human rights, peacekeeping and security.  From 1998 — 2001, Ms. Kraham worked as the Iraq Desk Officer, developing and implementing grant programs related to Iraq.

Ms. Kraham received a law degree, with a specialization in International Business and Trade from George Mason University School of Law in 1999, and is a member of the Virginia Bar Association.  She received a Bachelor’s Degree in Political Science from Florida Atlantic University, where she focused her studies and research on peace and conflict in the Middle East.  She is a Term Member of the Council on Foreign Relations and a member of the Society for International Development.  She lives with her husband and son in Washington, D.C.

Later this fall, the Center for Global Development will host a special breakfast discussion to hear from the 40-Under-40 Leaders views on major over-the-horizon development challenges and solutions. 

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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 economic growth.  For more information, please visit