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Last Updated : 2024-04-26 02:12:00
IFC yesterday announced the appointment of Ruth Horowitz as Regional Vice President for Asia and the Pacific – covering both South and East Asia as well as the Pacific.
She is taking over from Alfonso Garcia Mora, who is now IFC’s Regional Vice President for Europe, Latin America and the Caribbean.
“I am very excited to join the region and to work closely with its fantastic staff, clients and stakeholders and look forward to building on the region’s strong history of impactful private sector engagements,” said Horowitz.
Horowitz is a global investment professional with over 30 years of experience. Most recently,
she served as Vice President of IFC’s Equity Mobilisation Division – IFC Asset Management Company (AMC), which has raised over US $ 10 billion from investors across 13 funds. Prior to joining IFC as Chief Operating Officer and Director of AMC, Horowitz worked for Lehman Brothers. “Already soaring food, energy and fertiliser prices, exacerbated by both the war in Ukraine and erratic weather events are threatening to reverse decades of development gains, making the task ahead even more urgent,” said Horowitz.
“However, the right mix of private sector innovation, public sector policy and availability of financing can not only boost South Asia’s resilience to future shocks but also help transform the region for the better,” she added.
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