Experience

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  U.S. Capital Investments Company

  • Alexandria, Virginia

  • President

    • 1983 - Present
    • Alexandria, Virginia

    Formed a consulting practice in 1983 with engagements with a variety of financial institutions and corporations, often serving in an executive position within a client corporation. Principal examples are The Massachusetts Company, First Institutional Securities, Connecticut Banc Corp (Bank Holdin...

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  DoD Task Force for Business & Stability Ope...

  • The Pentagon

  • Senior Banking Officer

    • Feb 2007 - Dec 2009
    • The Pentagon

    As part of the TBFSO team, assisted a group of leading private sector Iraqi banks with the development of the first electronic switch to connect all banks in Iraq to the world financial networks. This electronic capability for Iraqi banks enabled them to issue credit cards, honored throughout the...

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  Dave Nash & Associates LLC

  • Washington, D.C.

  • Executive Director

    • Mar 2005 - Aug 2006
    • Washington, D.C.

    Led efforts to develop private sector business in Iraq.

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  Coalition Provisional Authority, U.S. Treasury ...

  • Baghdad, Iraq

  • Senior Advisor for All Iraq Private Banks

    • Sep 2003 - Sep 2004
    • Baghdad, Iraq

    Advised major private sector Iraqi banks to seek capital, technology and correspondent relationships with leading international banks resulting in the first investment of foreign capital in a private Iraqi bank. Some eight international banks followed suit, including HSBC and National Bank of Kuw...

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  The Massachusetts Company

  • Boston, Massachusetts

  • President

    • 1983 - 1986
    • Boston, Massachusetts

    The Massachusetts Company was the first project of USCIC. Mr. Woelflein was elected as president to develop the bank start-up operations from a dormant banking charter, conceive the investment strategy and implement the business plan to integrate The Massachusetts Company into the Keystone Mutual...

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  American Security Bank

  • Washington, D.C.

  • President, Chief Operating Officer & Director

    • 1981 - 1983
    • Washington, D.C.

    Recruited to head domestic and international lending function and bank operations for American Security Bank, then one of the top 100 banks in the United States.

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  UBAF Arab American Bank

  • New York, N.Y.

  • President, Chief Executive Officer, Chairman of the Executive Committee and D...

    • 1975 - 1981
    • New York, N.Y.

    Mr. Woelflein formed the bank with investment, ultimately of $ 100 million, from a consortiumof four of the largest American banks (Bankers Trust, First Chicago, Texas Commerce and Security Pacific) and sixteen of the leading banks from Arab nations, including the Central Banks of Oman, Morocco...

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  The First National Bank of Chicago

  • Founder and General Manager, Tokyo Branch

    • 1972 - 1975

    Founded the first branch of FNBC in Tokyo, Japan. At that time in the banking industry, branches were complete banking operations. In three years, the Tokyo branch profits ranked among the leaders of all FNBC branches. The Tokyo branch profits were derived from lending to the biggest Japanese companies, issuing bankers acceptances to finance Japanese oil imports, trading foreign exchange and mismatched funding of the multi-currency loan portfolio.First Chicago was selected by the Arab Banks to designate the Founder and President of UBAF Arab American Bank. Mr. Woelflein was selected and transferred to New York City to undertake the formation and management of the New York State Chartered Bank, Member of the Federal Reserve and FDIC.

  • Vice President

    • 1966 - 1972

    Began as an Assistant Vice President in the oil and gas loan division. Created the program to grow the bank's business with the chemical industry throughout the U.S.Promoted to Vice President in 1970 and subsequently sent to Tokyo to open the Branch..

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  The Federal Reserve Bank of Philadelphia

  • Philadelphia, Pennsylvania

  • National Business Economist

    • 1966 - 1967
    • Philadelphia, Pennsylvania

    Delivered speeches on national trends in business. Wrote and edited articles for the Philadelphia Fed Business Review as National Business Economist and member of the Research Department.

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  Atlas Chemical Industries

  • Wilmington, Delaware

  • Venture Analyst, Development Appraisal Department

    • 1959 - 1966
    • Wilmington, Delaware

    Atlas was a specialty chemical company and developed the chemical industry's premier investment analysis group. Performed long-range forecasts for the company's chemical businesses, including searches for merger and acquisition candidates.

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  Atlantic Refining Company

  • Philadelphia, Pennsylvania

  • Operations Research Analyst

    • 1958 - 1959
    • Philadelphia, Pennsylvania

    Part of a three person team which developed the first complete simulation in the U.S.of the 200,000 barrels/day Philadelphia, refinery owned by ARCO.