President Obama to nominate Ethiopian-American to head Millennium Challenge Corporation

Daniel W. Yohannes is President and CEO of M&R Investme
Daniel W. Yohannes is President and CEO of M&R Investments, LLC

Daniel W. Yohannes is President and CEO of M&R Investments, LLC, a privately-held investment firm specializing in real estate, financial institutions and the green energy sector. Previously, he served as Vice Chairman of U.S. Bank for the Commercial Banking Group, Consumer Banking Group and as Head of Integration for Community and Public Affairs. In this role, his responsibilities included leading the integration of U.S. Bank and Firstar, which resulted in the 6th largest bank in the country.

From 1992 to 1999, Yohannes was President and CEO of U.S. Bank (formerly Colorado National Bank), where he grew the Colorado franchise from $2 billion to $9 billion in assets. From 1977 to 1992, he worked at Security Pacific Bank (now Bank of America), where he held a number of leadership roles.

Yohannes is on the Board of the National Jewish Hospital and Research Center, the Denver Art Museum, the University of Colorado Medical School and Project C.U.R.E., which provides medical supplies to 110 countries. Yohannes holds a B.S. in Economics from Claremont McKenna College and a M.B.A. from Pepperdine University.

Source: The White House