03 November 1998
TEXT: FRANK LOY IS NEW UNDER SECSTATE FOR GLOBAL AFFAIRS
(Albright presided at swearing-in November 2, 1998) (520) Washington -- Frank E. Loy was sworn in as the new Under Secretary of State for Global Affairs at the State Department on November 2. Presiding over his swearing-in ceremony, Secretary of State Albright said: "Frank brings managerial expertise to a job whose portfolio includes nothing less than the entire world -- with oceans, space, skies and outer space thrown in." In his remarks, Loy highlighted the links between the Administration's domestic and foreign policy priorities: "When Colombia decreases the acreage devoted to the growing of coca, the result is that less heroine or cocaine will find its way into our city schools ... when China decides what fuel to use in generating electricity, our climate will be affected, our interests are involved." Loy, a lawyer by profession, has served twice previously in the State Department, as Deputy Assistant Secretary for Economic Affairs and as Director of the Bureau of Refugee Affairs. Following is the the State Department text: (begin text) U.S. DEPARTMENT OF STATE Office of the Spokesman November 2, 1998 FRANK E. LOY SWORN IN AS UNDER SECRETARY OF STATE FOR GLOBAL AFFAIRS Secretary of State Madeleine K. Albright today presided over the swearing-in of Frank E. Loy as Under Secretary of State for Global Affairs. "Frank brings managerial expertise to a job whose portfolio includes nothing less than the entire world -- with oceans, space, skies and outer space thrown in," Secretary Albright said in her remarks at the ceremony. Under Secretary Loy will have oversight responsibility for transnational U.S. foreign policy issues, including: environment and science; population and refugees; human rights and democracy promotion; and counternarcotics and international law enforcement. Loy's position as one of a handful of top policy managers for Secretary Albright reflects the priority the Clinton Administration places on "global" issues. President Clinton and former Secretary Christopher created the office in 1993 to focus increased attention on international issues which cut across regions and borders, and which affect the daily lives of the American people. In his remarks, Loy highlighted the links between the Administration's domestic and foreign policy priorities: "When Colombia decreases the acreage devoted to the growing of coca, the result is that less heroine or cocaine will find its way into our city schools ... when China decides what fuel to use in generating electricity, our climate will be affected, our interests are involved." Loy, a lawyer by profession, has served twice previously in the State Department, as Deputy Assistant Secretary for Economic Affairs and as Director of the Bureau of Refugee Affairs. He held senior management positions at Pan American Airways and at the non-railroad successor company to Penn Central. He has been a member of many corporate boards. Most recently, Loy headed the German Marshall Fund, an American foundation, and expanded that organization's activities into eastern and central Europe after the fall of the Berlin Wall. He has served on the board of directors of numerous non-profit organizations, particularly in the fields of environment and democracy promotion. (end text)
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