The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Judith Green as the Regional Manager for the Caribbean, overseeing operations in the Dominican Republic, Haiti, and the English-speaking Caribbean.
Based in Santo Domingo, Dominican Republic, IFC’s hub for the Caribbean, Judith Green will also manage IFC’s relationships with regional governments, donors and private sector stakeholders. She is taking over the position from Luc Grillet, previously Senior Manager for Central America and the Caribbean, who managed IFC’s operations in the region successfully for the past 5 years and recently was appointed as Chief Operations Officer for Latin America and the Caribbean based at IFC headquarters in Washington.
Judith Green, a Jamaican national, has worked as Head for the English-speaking Caribbean since 2016, expanding IFC’s operations in the sub-region. As Country Manager, she will play a critical role in building our portfolio, developing new investment and advisory opportunities for IFC and enhancing our impact in the cluster of countries. Specific focus will be provided to promoting financial inclusion for SMEs and women entrepreneurs and working hand in hand with the private and public sector to provide solutions for the region to improve infrastructure and public services through public-private partnerships.
In announcing her appointment, Gabriel Goldschmidt, IFC’s Director for Latin America and the Caribbean, assured that “Judith brings tremendous professional experience and a deep knowledge of the Caribbean market. Through her leadership, we look forward to continuing our strong track record in the region, serving our clients and creating new markets and opportunities where they are needed most.”
As of February 2020, IFC’s committed investment portfolio in the Caribbean stood at nearly $900 million across a broad range of sectors, including financial markets, infrastructure, information and communication technology, manufacturing and services, and education. This includes about $200 million mobilized from partnering institutions.
“IFC’s role in the Caribbean is important now more than ever and I look forward to working with our long-term partners and forging new relationships to support the development of the region”, Green stated, adding she aims to “lead IFC’s operations to provide private sector investments that drive sustainable growth, as well as leveraging our advisory services to improve the investment climate and support regional governments capital expenditure programs through the successful structuring of public-private partnerships”.
Green previously worked with IFC from 2011 – 2013 as a Senior Investment Officer in Jamaica. From 2013 – 2016, worked with Jamaica’s Ministry of Finance and Planning, as a member of the Economic Programme Oversight Committee where she headed the Government of Jamaica’s Coordination and Implementation Unit, overseeing the successful implementation of the 2013 four-year Extended Fund Facility with the International Monetary Fund. Judith also has extensive capital markets and corporate banking experience, having held senior management positions in RBC Bank Jamaica Limited, Citigroup Global Markets Inc. (New York), and Citibank N.A. Jamaica. She holds a BSc in Accounting from the University of the West Indies and is a Fellow of both the Association of Chartered Certified Accountants (United Kingdom) and the Institute of Chartered Accountants of Jamaica.
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. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities where they are needed most. In fiscal year 2019, we delivered more than $19 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.-Press release