US President Donald Trump has announced his intention to nominate leading Indian-American global venture capitalist Deven
Parekh as a member of the Board of Directors of an independent agency of the Government that provides financing for private development projects.
The nomination of Parekh to be a member of the Board of Directors of the International Development Finance Corporation will be for a term of three years.
He is the managing director at software investment firm Insight Partners.
Parekh previously served on the Overseas Private Investment Corporation board from 2016 to 2018 and was a member of the advisory board of the United States Export-Import Bank from 2010 to 2012.