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MemoMemorandumObama · D

Presidential Memorandum

Designation of Officers of the Overseas Private Investment Corporation To Act as President of the Overseas Private Investment Corporation

This memorandum establishes the order of succession for the Overseas Private Investment Corporation (OPIC) presidency, listing ten officers who would act as President if the incumbent dies, resigns, or becomes unable to serve. It revokes a 2009 Bush administration memorandum on the same subject and includes standard exceptions for acting officials and presidential discretion.

Federal Register Open PDF 76 FR 33613

Impact dates

  1. Publication in Federal Register

Key directives

  • Establish order of succession for OPIC President among 10 specified officers
  • Revoke Presidential Memorandum of January 16, 2009
  • Direct publication in Federal Register

Who is ordered

Timeline

Immediate

  • Revocation of January 16, 2009 memorandum takes effect
  • New succession order is established

Near term (90d)

—

Long term

  • Succession order remains in place until superseded

Risks & tensions

  • Standard administrative housekeeping; no substantive policy change
  • Sec. 4 disclaimer limits enforceability by private parties
Presidential Memorandum: Designation of Officers of the Overseas Private Investment Corporation To Act as President of the Overseas Private Investment Corporation · Executive Orders