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
International Finance Corporation Presents at TMT Finance and Investment Central & East Europe 2015, Sep-29-2015 02:00 PM
Sep 28 15
International Finance Corporation Presents at TMT Finance and Investment Central & East Europe 2015, Sep-29-2015 02:00 PM. Venue: Radisson Blu Centrum Hotel, Grzybowska, 24 00-132 Warsaw, Poland. Speakers: Temel Oktem, Regional Lead, Southern Europe, Turkey & Azerbaijan.
IFC Appoints Sallie Schoneboom as Senior Vice President of Public Relations
Sep 25 15
IFC announced the appointment of Sallie Schoneboom as senior vice president of public relations. Schoneboom joins IFC from NBCUniversal where she served as the senior vice president of communications for Syfy and Chiller. She reports to Ellen Kroner, executive vice president and chief communications officer for AMC Networks Inc., and will work closely with IFC President and General Manager, Jennifer Caserta.
Investors Reportedly Eye Stake In Postal Savings Bank of China
Sep 24 15
Investors are reportedly seeking acquisition of stakes in Postal Savings Bank of China Corporation Limited. Postal Savings Bank of China Co. is nearing an agreement to raise more than $6.5 billion from investors including UBS Group AG (SWX:UBSN) and Temasek Holdings (Private) Limited ahead of a planned initial public offering, people familiar with the matter said. UBS is seeking to invest about $2.5 billion and may syndicate a significant portion of that stock to other investors, the people said, asking not to be identified before an announcement. DBS Group Holdings Ltd (SGX:D05), JPMorgan Chase & Co. (NYSE:JPM), International Finance Corporation (IFC) and Alibaba Group Holding Limited (NYSE:BABA)’s financial affiliate, Ant Financial Services Group, will also invest, the people said. Postal Savings Bank is selling about a 15% stake to outside investors, according to the people. China. Postal Savings Bank of China is still finalizing the allocations for the group of Chinese and domestic investors, one person said. It plans to make an announcement as soon as next week, and the total allocation could rise to $7 billion or more as commitments come in, the people said. It may sell shares in an overseas initial public offering as early as next year, the people said. A press officer at Postal Savings Bank said she couldn’t immediately comment. Representatives for UBS, Temasek, DBS and Ant Financial Services Group declined to comment. A Washington-based representative for IFC didn’t immediately respond to a request for comment, while several calls and e-mails to IFC’s media team in Hong Kong and India went unanswered.
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