WASHINGTON, Dec. 2, 2013 /PRNewswire-USNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) is pleased to announce that Charles J. "CJ" Hall has joined the Bank as executive vice president and chief risk officer. Mr. Hall has 35 years of experience in international economics, finance and business.
"CJ's strong background in international finance, specifically within emerging markets, has provided him with a unique understanding of the important role Ex-Im Bank plays in the global business community," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Here at Ex-Im, prudent risk-management is one of our foremost priorities. As chief risk officer, CJ will be responsible for ensuring that the Bank continues to be properly protected as it fulfils its mission of creating jobs through exports."
Most recently, Mr. Hall served as chief executive officer of Envirotrade Group, which designed and managed community-based agroforestry and forest protection projects in Sub-Saharan Africa. Prior to leading Envirotrade, CJ and his wife founded a United Kingdom-based food manufacturing business, which they later took public on the London Stock Exchange. Earlier, he worked in international finance in New York, São Paulo and London.
Mr. Hall began his career in 1972 as a U.S. Naval Officer serving in both the Pacific and Atlantic Fleets. From 1978 to 1987, he served as a U.S. Foreign Service Officer, with postings in Kenya, Brazil, and Washington, D.C. He holds a B.S. in Economics from the Wharton School at the University of Pennsylvania and an M.B.A. from Columbia University in New York.
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has earned for U.S. taxpayers nearly $1.6 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.
Ex-Im Bank approved nearly $35.8 billion in total authorizations in FY 2012. This total includes $7.2 billion for small business financing, of which $6.1 billion directly supported small-business export sales – an Ex-Im record. Ex-Im Bank's total authorizations are supporting an estimated $50 billion in U.S. export sales and approximately 255,000 American jobs in communities across the country. For more information, visit www.exim.gov.
SOURCE Export-Import Bank of the United States