Established in 1944, the World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions. The WBG consists of five specialized institutions: The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
IFC — a member of the World Bank Group (WBG) — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises.
IFC has embarked on an ambitious new growth strategy, the outcome of which will be to double our volume of business by 2030 and triple the work we do in low-income countries (LICs) and Fragile and Conflict-affected States (FCS). To do so, IFC will need to deploy its full range of financing, mobilization, advisory, convening and thought leadership skills. This also calls for the need to generate our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and opportunities for the private sector and to imagine, design and implement investment projects. IFC has also been at the leading edge of catalyzing private capital for development. In an era of scarce public resources, those sums far exceed the capacity of governments, it’s imperative to create partnerships that bring together all the potential resources available for development— particularly from the private sector. IFC plays a critical role in forging such partnerships. Mobilizing capital from other investors— banks, international finance institutions, sovereign funds, pension funds, and other partners— is a key element of our strategy. For our co-investors, our involvement provides a more attractive balance of risk and return.
IFC is seeking a Regional Industry Manager for its core Infrastructure operations in the following countries: China, Vietnam, Thailand, Myanmar, Lao & Cambodia, and Mongolia. The position is based in Bangkok, Thailand. The Regional Industry Manager will be responsible for leading business development, transaction processing, and portfolio management for INR in the specified countries. She/he will also coordinate on a continuous basis with the Country Managers, the Asia Infrastructure Leadership team, the Asia INR Upstream and Cities Leads, as well as other relevant Departments/Divisions within IFC, such as Special Operations (CSO), Treasury, Legal, Risk, the Equity Desk, Environmental & Social, etc. She/he will have direct supervisory responsibility over the investment staff and other staff as determined. The Regional Industry Manager will report to the Regional Industry Director, INR Asia & Pacific.
Duties and Accountabilities:
Selection Criteria:
Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=27456&site=1
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