As a committee member, Ferguson will work alongside business, finance and government leaders to advise EXIM, the official U.S. export credit agency. The advisors will provide insight on the agency’s programs and on the agency’s financing for exports.
EXIM is an independent Executive Branch committee and is charged with “supporting American jobs by facilitating the export of U.S. goods and services,” according to its website. The agency has supported 1.7 million jobs across the U.S. over the past decade and has sent $9.5 billion more to the U.S. Treasury than it received in program appropriations, according to a 2017 report.
Ferguson, who will serve as the environment-focused advisor, has established himself as an expert in creating economic opportunity. As president and CEO of Winrock International, he oversees the non-profit’s operations and ensures it fulfills its mission to “empower the disadvantaged, increase economic opportunity and sustain natural resources through its 100-plus projects…”
Before heading up Winrock International, Ferguson was a leading consultant in communications and strategy. He worked with the MacArthur Foundation, the Robert Wood Johnson Foundation and other clients over the course of 20 years.
Seventeen individuals, including the chair, were appointed to serve on the 2019 advisory committee. The individuals represent government agencies, such as the Georgia Department of Agriculture; industry, such as Hewlett Packard Enterprise; associations, such as the International Association of Machinists and Aerospace Workers; and more.
“I am honored to have this opportunity to lift local economies and the world,” Ferguson said. “The EXIM bank plays a critical role in America’s export economy and aligns with Winrock’s decades-long work to build a more resilient future through economic empowerment and sustaining natural resources. I look forward to working with my colleagues to this end.”