Frank Loy has served in the Department of State in four administrations. He served as Under Secretary of State for Global Affairs in the second administration of President Clinton. His portfolio included developing U.S. international policy and conducting negotiations in the fields of the environment and climate change, human rights, the promotion of democracy, refugees and humanitarian affairs, and counter-narcotics.
Under President Carter he was Director of the Bureau of Refugee Programs, with the personal rank of Ambassador, and in the Johnson Administration he served as Deputy Assistant Secretary for Economic Affairs. In 2011 President Obama named him the U.S. Alternate Representative to the U.N. General Assembly.
He spent ten years in the business sector, first as Senior Vice President of Pan American Airways, responsible for securing operating rights for its airline and hotel operations. He also directed Pan Am's extensive technical assistance programs. Subsequently he became a founding partner of the firm that brought the bankrupt Penn Central Transportation Company out of bankruptcy, and then became president of the NY Stock Exchange-listed company that emerged from that bankruptcy.
From 1981 to 1995 he served as President of The German Marshall Fund of the U.S., an American foundation working on matters relted to Europe. After 1989 most of the founation’s efforts involved helping the Central and Eastern European countries fomerly under Soviet domination develop democratic institutions, such as an independent judciary, a free and fact-based press, effective political parties, and a robust civil society. At present he serves on the boards of numerous non-profit organizations. In the field of the environment these include Resources for the Future (former chair), Environmental Defense Fund (former chair), The Nature Conservancy, C2ES, and ecoAmerica (chair). He also chairs the boards of Population Services International and the Arthur Burns Fellowship Program, and serves on the boards of the American Institute for Contemporary German Studies and The Washington Ballet.