George Muñoz

George Muñoz
President and CEO of the Overseas Private Investment Corporation
In office
1997–2001
PresidentBill Clinton
Preceded byRuth Harkin
Succeeded byPeter Watson
Assistant Secretary of the Treasury for Management
In office
1993–1997
PresidentBill Clinton
Preceded byPosition established
Succeeded byNancy Killefer
President of the Chicago Board of Education
In office
1984–1987
Preceded bySol Brandzel[1]
Succeeded byFrank Gardner[2]
Personal details
Born (1951-05-02) May 2, 1951 (age 73)
Brownsville, Texas, U.S.
Political partyDemocratic
EducationUniversity of Texas, Austin (BA)
Harvard University (JD, MPP)
DePaul University (LLM)
Catholic Distance University (MA)

George Muñoz is an American businessman, CPA and attorney. He is the president and co-founder of Muñoz Investment Banking Group which is primarily focused on financing and investments in the Emerging Markets Countries as well as in the U.S. Hispanic community. He is also a partner at Tobin & Muñoz, a Chicago-based law firm focused on commercial litigation, white collar investigations and litigation, and international transactions, where he works out of the firm's Chicago and Washington, D.C. offices.

Early life and education

Muñoz earned his BBA degree in accounting at the University of Texas at Austin (Business Honors Program 1974). He received a J.D. degree from Harvard Law School and a Master of Public Policy from Harvard Kennedy School in 1978.[3] He received a Master of Laws in Taxation degree from DePaul University College of Law in 1984 and a Master of Arts in Theology in 2019.[citation needed]

Later, Muñoz taught MBA courses at Georgetown University.

Career

Muñoz is licensed in several states as an attorney and Certified Public Accountant.[3] He is a Certified Financial Planner and formerly served on the Certified Financial Planner Board of Standards.[citation needed]

In February 1984, Chicago mayor Harold Washington appointed Muñoz to the Chicago Board of Education. Three months later, in May 1984, Muñoz was elected by the board as its president.[4] He served three one-year terms as president.[4][5] In May 1987, he announced that he would not be seeking an additional term as president.[4][5] He was the first Hispanic[5] person to head the board and one of its youngest presidents.[citation needed] He became a national advocate for school reform and drop-out prevention programs.[citation needed]

He was a partner at Mayer, Brown & Platt.[5]

He served as a member of the Chicago Economic Development Commission.[5]

Muñoz was an assistant secretary and chief financial officer of the United States Department of the Treasury from 1993 to 1997.[citation needed] He was the president and CEO of the Overseas Private Investment Corporation (OPIC)[6][7] from 1997 to 2001. OPIC, "the federal government's export promotion arm,"[6] provides political risk insurance, financing and private equity funds to US private sector investments in developing countries. When OPIC's future was in danger of not being reauthorized by the US Congress, Munoz is credited with turning things around for the agency and received bi-partisan support for its continuation as the primary agency for assisting private sector investments in the Emerging Market Countries.[8]

Advisory positions

Muñoz is a member of the board of directors of Altria Group (since 2004), Marriott International (since 2002)[3] and National Geographic Society.

Muñoz recently retired from his board positions on PepsiCo (in 2023) and Black Rifle Company (in 2024).

Muñoz was appointed to the President's Commission on White House Fellows by President Barack Obama in 2009, and served until 2017.[9]

Personal life

Muñoz currently resides in Virginia. He has a wife, Kathy, and two twin sons, Mario and Manuel (b. 2002).[10]

Works

Muñoz is co-author of the book Renewing the American Dream: A Citizen's Guide For Restoring Our Competitive Advantage (2010, IMC Publishing). The book discusses what America needs to do to keep its global competitive advantage and how the next 10 years (2010–2020) will determine if the United States retains its global leadership position in this 21st century.[11][12]

References

  1. ^ Banas, Casey (25 May 1984). "New school board head promises activist reign". Newspapers.com. Chicago Tribune. Retrieved 2 August 2021.
  2. ^ Hechinger, John (28 May 1987). "Munoz successor says mayor wants results". Newspapers.com. Chicago Tribune. Retrieved 2 August 2021.
  3. ^ a b c Thottam, Jyoti (February 10, 2003). "Management: Crashing the Boards". Time.com. Archived from the original on January 20, 2011. Retrieved July 11, 2018.
  4. ^ a b c Banas, Casey; Galvan, Manuel; Franklin, Tim (29 May 1986). "MUNOZ STEPS ASIDE AS SCHOOL BOARD HEAD". chicagotribune.com. Chicago Tribune. Retrieved 2 August 2021.
  5. ^ a b c d e Houston, Jack (24 May 1987). "Muñoz plans to step down". Newspapers.com. Chicago Tribune. Retrieved 2 August 2021.
  6. ^ a b Hinz, Greg (July 8, 2000). "Fed export agency revived, Muñoz eyes Chicago again". ChicagoBusiness.com. Crain's Chicago Business. Retrieved July 11, 2018.
  7. ^ "OPIC : Overseas Private Investment Corporation". OPIC.gov. Overseas Private Investment Corporation. 2015-02-23. Archived from the original on 2015-02-25. Retrieved 2015-02-27.
  8. ^ Schmitt, Eric (2000-01-12). "Development Agency's Survival Tale". The New York Times. Retrieved 2015-02-27.
  9. ^ "The President's Commission on White House Fellowships". Whitehouse.gov. 2014-08-25. Archived from the original on 2009-10-25. Retrieved 2015-02-27.
  10. ^ "We Welcome New Alumni President George Muñoz". Catholic Distance University. 2020-12-02. Retrieved 2022-02-06.
  11. ^ "'American Dream' Is Disappearing | On Air Videos | Fox Business". foxbusiness.com. 2010-07-13. Retrieved 2015-02-27.
  12. ^ "news, video and progressive community. Lean Forward". MSNBC. 2015-02-18. Archived from the original on 2010-01-14. Retrieved 2015-02-27.

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