Frances Nwachuku is the Director, Risk Management at the Loan Programs Office (LPO), a Department of Energy office that provides loan guarantees to support energy projects which deploy new or innovative technologies to reduce greenhouse gas emissions and loans to automotive and component manufacturers that produce fuel-efficient advanced technology vehicles. In that capacity, Frances has responsibility for improving operational outcomes and creating a risk-aware environment by strengthening risk oversight, embedding risk management into all LPO activities, and enhancing internal controls.
Prior to serving as Director of Risk Management, Ms. Nwachuku served as LPO’s founding Director of Portfolio Management. Before joining the Department of Energy, Frances served as Vice President of Asset Management at Export Import Bank of the United States overseeing the monitoring of active transactions (project finance, transportation, and large corporate credits), the processing and paying of claims, the restructuring of defaulted credits, and the Bank’s recovery efforts. Before assuming that position in 2005, Frances served as the founding Managing Director of Asset Monitoring & Restructuring within the Asset Management Division and managed a $40.5 billion global project finance, transportation and structured finance portfolio.
Frances also spent over 10 years in the private sector in various capacities, including as Vice President in a corporate lending capacity, Manager of a Credit Department, and Bank Counsel.