IFC – a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. IFC works with more than 2,000 businesses worldwide, using its capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2021, the institution delivered more than US$23 billion in financing for developing countries, leveraging the power of the private sector to end extreme poverty, boost shared prosperity and, most recently, mitigate the impacts of the COVID-19 pandemic and support a resilient recovery. For more information, visit http://www.ifc.org.
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges – where such solutions are advisable and can be effective – and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
IFC is seeking a New Business Manager for its Infrastructure (INR) operations in the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan Region. The position is based in Istanbul, Turkey.
The New Business Manager will be responsible for driving business development for INR in the region. She/he will work closely with the management and colleagues from INR. She/he will also coordinate on a continuous basis with the Country Managers, other Regional Industry units, the INR leadership team in the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan INR Leadership team, as well as other relevant Departments/Divisions within IFC (such as Risk, Treasury, Economics, Legal, Equity Mobilization, etc.) as well as the World Bank and MIGA. She/he will have direct supervisory responsibility over the investment staff, and other staff as determined. The New Business Manager will report to the Senior Manager leading the Regional Industry Department.
Duties and Accountabilities in the Region
• Lead and manage the INR team and ensure the team is high-performing, well-motivated and committed to the advancement of IFC’s strategic goals.
• MBA or equivalent professional qualification and a minimum of 12 to 15 years of relevant work experience.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
|Closing date:||October 6, 2021|