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International Finance Corporation appoints new regional director for MENA

Doaa A.Moneim , Wednesday 19 Feb 2020
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Views: 2021

International Finance Corporation (IFC), a member of the World Bank Group, has appointed Beatrice Maser as its new director for the Middle East and North Africa region, based in Cairo, the IFC announced in a statement.

Maser will drive the organisation’s long-term strategy to create markets, offer new solutions for the private sector and attract more private investment to help MENA countries grow, provide jobs, and increase shared prosperity, according the statement.

“The MENA region is a priority for the IFC, and Beatrice’s leadership will help us play an even greater role in catalysing private investment here,” said Sérgio Pimenta, the IFC’s vice president for the Middle East and Africa.

Pimenta added that the IFC's goal is to work with the private sector and governments to create markets, including in fragile situations, to provide more opportunities and jobs, especially for MENA’s young people and women.

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