Company Overview of International Finance Corporation
International Finance Corporation is a private equity and venture capital arm of World Bank specializing in both direct and fund investments. It seeks to invest in early stage companies. The firm does not seek to invest in production or trade in weapons and munitions; alcoholic beverages (excluding beer and wine); tobacco; gambling, casinos, and equivalent enterprises; radioactive materials; unbonded asbestos fibers; drift net fishing in the marine environment using nets in excess of 2.5 km. in length; and in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, or subject to international bans, such as pharmaceuticals, pes...
2121 Pennsylvania Avenue NW
Washington, DC 20433
Founded in 1956
Key Executives for International Finance Corporation
Chief Executive Officer and Executive Vice President
Head and Chief Investment Officer, Climate Business Group–Clean Technology Investments and Global Head, Venture Capital
Chief Funds Specialist and Chief Investment Officer for Private Equity Funds
Head of Business Development for Financial Sector in Western Europe, Chief Investment Officer, and Country Manager of Israel
Compensation as of Fiscal Year 2015.
International Finance Corporation Key Developments
IFC Appoints Vera Songwe Regional Director for West, Central Africa
Jul 1 15
IFC has appointed Vera Songwe IFC Regional Director for West and Central Africa, based in Dakar, Senegal. Until June 30, 2015, Ms. Songwe, a Cameroonian national, was the World Bank Country Director for Senegal, Cape Verde, Gambia, Guinea Bissau and Mauritania. Ms. Songwe joined the World Bank Group in 1998 as a Young Professional. She worked in the Middle East and North Africa region covering Morocco and Tunisia in the Poverty Reduction and Economic Management (PREM) unit. She later joined the East Asia and Pacific region, PREM unit where she played several roles including Regional PRSP Coordinator, and Country Sector Coordinator and Senior Economist for the Philippines. Prior to joining the Bank, Ms. Songwe was a Visiting Scholar at the University of Southern California and at the Federal Reserve Bank of Minneapolis, USA. Ms. Songwe's appointment is effective July 1, 2015. She takes over the role of IFC Regional Director from Ms. Saran Kebet-Koulibaly, who joins IFC's Management Team in Washington D.C. as Vice President for Corporate Sustainability and Risk.
Portea Medical Looking To Raise $40 Million
Jun 29 15
Portea Medical Private Limited is in talks with four investors to raise a new round of $40 million to step up its expansion plans in India and overseas. International Finance Corporation said it is looking to come in as one of the new investor in the round, putting $7 million in the capital raise. "We are talking to four financial investors for the round, which should be finalised in next four to six weeks. in the next 12 months we are planning to expand our operations by 4-5 times," said Meena Ganesh, Chief Executive Officer of Portea.
International Finance Corporation Presents at The 7th Annual SuperReturn Emerging Markets 2015, Jun-29-2015 through Jul-02-2015
Jun 28 15
International Finance Corporation Presents at The 7th Annual SuperReturn Emerging Markets 2015, Jun-29-2015 through Jul-02-2015. Venue: Hotel Okura, Amsterdam, Netherlands. Presentation Date & Speakers: Jul-01-2015, Ralph Keitel, Principal Investment Officer & Regional Lead for Funds in Latin America & Asia. Jun-29-2015, Ralph Keitel, Principal Investment Officer & Regional Lead for Funds in Latin America & Asia.
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