THE WHITE HOUSE
Office of the Press Secretary (Dakar, Senegal) ________________________________________________________________________ For Immediate Release April 2, 1998
PRESIDENT CLINTON NAMES FRANK E. LOY AS UNDER SECRETARY FOR GLOBAL AFFAIRS AT THE DEPARTMENT OF STATE
The President Clinton today announced his intent to nominate Frank E. Loy to be Under Secretary of State for Global Affairs at the Department of State.
Mr. Frank E. Loy, of the District of Columbia, has previously served at the Department of State as Deputy Assistant Secretary for Economics and Business, and subsequently as Director of the Bureau of Refugee Programs. In both roles, he conducted substantial international diplomatic negotiations. Mr. Loy also has an extensive business background. He was Senior Vice President for International Affairs of Pan American Airways, and undertook (under contract) the successful effort to bring the Penn Central Transportation Company out of bankruptcy. He ended that assignment as President of the solvent successor entity, the Penn Central Corporation. Later, Mr. Loy was President of The German Marshall Fund of the U.S., an American grant-making foundation focused on European-American affairs. Mr. Loy has been active in several environmental organizations, which include the Budapest-based Regional Environmental Center for Central and Eastern Europe, the Environmental Defense Fund (whose board he chaired from 1983 to 1990), and the League of Conservation Voters. He currently serves as chair of the Foundation for a Civil Society, which fosters democratic institutions in Eastern Europe.
Mr. Loy is a graduate of UCLA and Harvard Law School. He served in the U.S. Army, and speaks German and some Italian.
In his capacity as Under Secretary for Global Affairs, Mr. Loy will provide policy direction for the Department on issues including democracy promotion, human rights, refugees, international migration, the environment, oceans policy, science and international crime.