The Obama admin­is­tra­tion has announced the next head of the Mil­len­nium Chal­lenge Corp. Den­ver area banker Daniel Yohannes has been tapped to head the fed­eral agency that works with poor nations.

From the Den­ver Busi­ness Jour­nal, writer Mark Harden gives us more of Yohannes’ background.

The MCC works with devel­op­ing coun­tries to pro­mote eco­nomic growth and reduce poverty. If con­firmed by the U.S. Sen­ate, Yohannes will suc­ceed John Danilovich, who resigned as the agency’s CEO; Dar­ius Mans has been act­ing CEO.

Yohannes is pres­i­dent and CEO of M&R Invest­ments, a pri­vate invest­ment firm that focuses on the clean-energy sector.

He was an exec­u­tive of Col­orado National Bank and its suc­ces­sor, U.S. Bank, from 1992 to 2003, includ­ing a stint as CEO of U.S. Bank’s Col­orado divi­sion. Pre­vi­ously he was an exec­u­tive for Secu­rity Pacific Bank, now part of Bank of America.

Yohannes, a native of Ethiopia, was a key orga­nizer of local efforts to host the 1997 “Sum­mit of the Eight” con­fer­ence of world lead­ers in Denver.

He served as co-leader of Col­orado Gov. Bill Ritter’s tran­si­tion team in the months before Rit­ter took office in 2007 and has since been a mem­ber of the governor’s Jobs Cabinet.

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