International Finance Corporation

The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.

Hyung K. Ahn

Principal Investment Officer

Irene Arias

Global Director of Financial Institutions Group and Director of Latin America and the Caribbean

Georgina Baker

Vice President, Latin America and the Caribbean, and Europe and Central Asia

Paulo de Bolle

Global Director

Peter Joseph Cashion

Head of Climate Finance FIG and CIO

Andrea Engel

Senior Country Officer, Principal Country Officer and Principal Country Manager

Rapti Goonesekere

Principal Economist

Christian Grossmann

Director for Climate Change

Mandeep Julka

Associate Investment Officer

Rana Karadsheh

Principal Investment Officer and Country Manager

Kyle Kelhofer

Country Manager for Vietnam

Alzbeta Klein

Global Industries Director and Director of Climate Business

Galina Vsevolodovna Klimenko

Principal Investment Officer of Financial Markets

Toshitake Kurosawa

Director

Mouayed Makhlouf

Regional Director of Middle East and North Africa

Paolo M. Martelli

Regional Industry Director of Latin America and the Caribbean

Atul Mehta

Senior Director of Telecom, Media and Tech, Venture Investing and Funds

Vivek Pathak

Director of East Asia and Pacific

Mary Porter Peshka

Director of Cross-cutting Advisory Services

Tomasz Telma

Senior Director of Manufacturing, Agri. and Services

Mary Beth Ward

Principal Syndications Officer and Team Leader

Tracy Washington

Principal Investment Officer for Global PE Funds and Regional and Sectoral Lead of SME Ventures Program

Past deals in Investment Banking

Absa Bank

Funding Round in 2021
Absa Group Limited is a prominent financial services provider based in Johannesburg, South Africa, offering a diverse range of products and services both locally and internationally. The company specializes in personal and business banking, corporate and investment banking, as well as wealth and investment management. Its offerings include residential property finance, vehicle and asset finance, credit cards, personal loans, and a variety of insurance products. Absa also provides commercial property finance, agricultural loans, and a suite of transactional banking options, including savings and investment services. Additionally, the bank offers investment banking services, private equity, and corporate banking products, along with life insurance and fiduciary services. Absa's commitment to serving individual, enterprise, and commercial customers is evident through its comprehensive financial solutions, which include treasury services and cash management. The company was previously known as Barclays Africa Group Limited before rebranding to Absa Group Limited in May 2018.
Commercial International Bank (CIB), founded in 1975 and headquartered in Giza, Egypt, is a prominent financial services provider that caters to both individual and corporate clients. The bank offers a wide range of products, including deposits, savings accounts, loans, and private banking services, as well as e-banking solutions. CIB is particularly well-known for its corporate banking services, which encompass project finance, debt capital markets, structured products, and various financing options, such as working capital and syndicated loans. With strong brand equity, CIB serves over 500 of Egypt's largest corporations and demonstrates significant potential in the growing retail and SME banking sectors. Over its 40 years of operation, the bank has maintained its position as the most profitable commercial bank in Egypt, thanks to its effective management, high operating standards, and commitment to corporate governance.

BRAC Bank

Debt Financing in 2021
BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. The company also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.

Union Bank of Nigeria

Debt Financing in 2020
Union Bank of Nigeria Plc is a retail and commercial bank headquartered in Lagos, Nigeria, with a history dating back to 1917. The bank offers a diverse range of financial products and services tailored for individuals, small and medium-sized enterprises, and corporate clients, primarily within Nigeria and the United Kingdom. Its operations are organized into four main segments: Retail Banking, Commercial Banking, Corporate Banking, and Treasury. The bank provides essential services such as current and savings accounts, debit cards, and online and mobile banking. Additionally, it supports SMEs with specialized accounts, loans, and financial solutions, along with comprehensive offerings in cash management, trade finance, and agribusiness. Union Bank of Nigeria Plc operates as a subsidiary of Union Global Partners Limited.

VPBank

Debt Financing in 2020
As one of the earliest-established Joint-stock Commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program diligently with support from one of the world’s leading consulting companies.

BAC Acquisition

Venture Round in 2020
Navi is building consumer-centric and technology-driven businesses in the BFSI (Banking, Financial Services & Insurance) space.

Raiffeisen UA

Debt Financing in 2019
Raiffeisen Bank International AG, headquartered in Vienna, Austria, offers a comprehensive range of banking services to private individuals, small and medium enterprises, as well as corporate and institutional clients. Its service portfolio includes corporate and retail banking, investment banking, cash management, electronic banking, and payment services. The bank provides various financing solutions such as trade finance, export finance, project finance, and working capital finance, along with credit and prepaid cards. Additionally, it offers investor services, including fund administration and brokerage, as well as specialized products like bank guarantees, letters of credit, and factoring services. Raiffeisen Bank International also assists clients with mergers, acquisitions, and other corporate finance activities. With a significant presence in Central, Southeastern, and Eastern Europe, the bank operates approximately 2,040 business outlets, reflecting its commitment to serving a diverse clientele effectively.

Bandhan Bank

Private Equity Round in 2018
Bandhan Bank Limited is a commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.
An Binh Commercial Joint Stock Bank, a commercial bank, provides consumer and corporate banking services in Vietnam. The company offers consumer banking services, such as term and non-term savings, demand, and accumulated savings deposits; and unsecured consumption, home erection/renovation, secured consumption, business and production, car, home, listed and non-listed securities, overseas study, savings account book/account balance mortgage, and business and production supplementary loans. It provides corporate banking services, including commercial financing, import financing, pre-shipment export financing, SME financing, and co-financing loans; supplementary installment loans for business.

Britam

Post in 2017
Britam is a diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region. The company offers a wide range of financial products and services in Insurance, Asset management, Banking and Property. The product range includes: life, health and general insurance, pensions, unit trusts, investment planning, wealth management, off-shore investments, retirement planning, discretionary portfolio management, Property development and private Equity.