Felton “Mac” Johnston

Felton (Mac) Johnston is the firm’s Adviser for Political Risk and Arbitration. Mr. Johnston has been involved in political risk mitigation for over 30 years. As Vice President for Insurance of the Overseas Private Investment Corporation (OPIC) for 13 years, he had principal responsibility for OPIC’s fast-growing and highly profitable insurance operations, including business production, underwriting and portfolio management, reinsurance negotiations, and product and program development. He had policy responsibility for OPIC’s claims decisions, and was a member of OPIC’s senior management committee that considers large financing and insurance proposals.

Mr. Johnston has extensive experience in political risk mitigation, international banking and project finance, and arbitration. He advises political risk underwriters, investors, and governments regarding the risks associated with international investment transactions, and political risk insurance underwriting and claims. His clients have included OPIC, the World Bank, the World Bank-affiliated Multilateral Investment Guarantee Agency (MIGA), the Asian Development Bank, the Inter-American Development Bank, Export-Import Bank of the United States, the Government of the Philippines, several private political risk insurers and numerous investors in oil and gas, power, mining, transportation, construction, entertainment and other sectors. He has also served as an arbitrator and expert adviser and witness in political risk insurance arbitrations and judicial proceedings.

Mr. Johnston is a Phi Beta Kappa graduate of Colgate University and has an MA degree from The Fletcher School of Law and Diplomacy and an MBA degree from Harvard Business School.

Mr. Johnston has written and spoken extensively on matters relating to political risk insurance and arbitration. He is a member of the Advisory Council to Zurich Credit and Political Risk. He also serves as a Board member and hearing committee panelist for the District of Columbia Bar’s Attorney-Client Arbitration Board.

Felton “Mac” Johnston