ACCION CEO Nominated
ACCION CEO, Maria Otero, has been nominated as the Under Secretary of Democracy and Global Affairs in the U.S. Department of State. She has not been confirmed by Congress but has indicated that she will take the position if she is allowed. She has been a leader in microfinance and social development over the years. She has taken ACCION and made what it is now. ACCION is now a global microfinance institution operating in more than 20 countries. She joined ACCION in 1986. From there she took the organization to another level. She brought up the clients from 460,000 to about 3.7 million. The active loans in ACCION's portfolio total almost $3.5 billion. She also has experience in being part of large microfinance boards and committees like Calvert Social Investment Foundation and the United States Institute of Peace. She has been an advocate of democracy and humanitarian projects all over the world. As Undersecretary of Democracy and Global Affairs she will be responsible for work on global issues democracy, human rights, labor, environment, refugees, and trafficking of persons. She will be working on issues that are very pertinent to the times facing us. I believe she is a great choice for the administration for this post. She has lots of experience in areas like this and will be very successful in her post. I hope that Congress will not delay any more nominations and let her get to work.
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