Congratulations are due to Jamaican Judith Green on her appointment to head IFC, an important player in development financing in the region. Here is today’s World Bank press release.
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IFC Appoints New Head for Jamaica and the English-Speaking Caribbean
Kingston, August, 25 2016—IFC, a member of the World Bank Group, announces the appointment of Judith Green as Head of its operations in the English-speaking Caribbean. With this appointment, Ms. Green becomes responsible for coordinating IFC’s program of investments and advisory services in countries including Belize, Grenada, Guyana, Jamaica, St. Lucia, Suriname, and Trinidad & Tobago. In addition, she will also manage IFC’s relationships with regional governments, donors and private sector stakeholders. Ms. Green is based in Kingston.
In announcing her appointment, Luc Grillet, IFC’s Senior Manager for Central America and the Caribbean, said, “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 providing opportunities where they are needed most.”
Ms. Green, a Jamaican, joined IFC in 2011 as a Senior Investment Officer tasked with identifying business opportunities and actively managing portfolio projects in Jamaica. In 2013, Ms. Green took external service leave to head the Government of Jamaica’s Coordination and Implementation Unit which successfully coordinated and monitored the implementation of the various targets and initiatives under the Government’s International Monetary Fund Extended Fund Facility. She returned to IFC in April 2016 to take up this appointment.
“I look forward to working with our long term partners and forging new relationships, both with the private and public sectors, that support this region’s tremendous potential,” Ms. Green said. “IFC is deeply committed to working with the region’s Governments to improve the business environment and increase competitiveness in addition to making private sector investments that support inclusive growth and job creation. Our expertise in successfully structuring public-private partnerships is also an area in which we can work with Governments, to support their capital expenditure programmes and asset divestiture plans.”
In 2015, IFC clients in the Caribbean supported 29,477 jobs, generated power for 5 million customers, provided 15,000 people with phone connections, helped service 1.44 million airport customers, and provided $81 million in government payments.
As of August 2016, IFC’s committed investment portfolio in the Caribbean (including Haiti and the Dominican Republic) 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.
Ms. Green is a certified Chartered Accountant with extensive experience in finance. Prior to joining IFC she held senior management positions in RBC Royal 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 (UK) and the Institute of Chartered Accountants of Jamaica.
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit http://www.ifc.org.