OFFICERS AND EMPLOYEES.

SEC. 8727. OFFICERS AND EMPLOYEES. Section 1413(i) of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613(i)), as so redesignated, is amended— (1) by striking paragraph (1) and inserting the following: “(1) In general.—Except as otherwise provided in this section, officers, employees, and agents shall be selected and appointed by, or under the authority of, the Chief Executive Officer, and shall be vested with such powers and duties as the Chief Executive Officer may determine.” ; (2) in paragraph (2)— (A) in subparagraph (A)— (i) by striking “50” and inserting “100”; and (ii) by striking “Code” and inserting““Code, and such positions— “(i) shall be reserved for individuals meeting the expert qualifications established by the Corporation’s qualification review board; and “(ii) should be prioritized for the development of the Corporation’s next generation of talent, particularly for the recruitment of early career financial or legal sector equivalent positions.” ; and (B) in subparagraph (D), by inserting “, provided that no such officer or employee may be compensated at a rate exceeding level II of the Executive Schedule” after “respectively”; and (3) in paragraph (3)(C), by striking “subsection (i)” and inserting “subsection (j)”.