The U.S. Senate has confirmed

s as the new chief executive officer of the Millennium Challenge Corp. "It is challenging to replace patronage with partnership to deliver smart aid that matters by encouraging some policies, country-led development, and sustainable results," said Yohannes, who is a former banker and active philanthropist. "MCC offers some important lessons on where to start."

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.