US President Joe Biden nominates Indian-American venture capitalist Deven Parekh for key post
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US President Joe Biden has nominated Indian-origin global venture capitalist Deven Parekh to the Board of Directors of the International Development Finance Corporation for a fresh term of three years. Parekh is a Managing Director at Insight Partners, a growth equity investment fund based in New York City. By statute, the Development Finance Corporation Board of Directors includes four members recommended to the President from Senate and House leadership.