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Banker Who Helped Revamp Iraqi Debt Leaves Deutsche Bank for IFC

The World Bank Group headquarters in Washington, D.C., U.S., on Monday, Oct. 11, 2021. 

The World Bank Group headquarters in Washington, D.C., U.S., on Monday, Oct. 11, 2021. 

Photographer: Al Drago/Bloomberg

Hussain Qaragholi, a managing director at Deutsche Bank AG, has left the German lender after more than seven years to join the World Bank’s private sector arm.     

Qaragholi, who helped restructure Iraq’s sovereign debt from the Saddam Hussein era while working at Citigroup Inc., has joined the International Finance Corp. as an adviser in the global upstream infrastructure team for the Middle East, Central Asia and Turkey. The IFC confirmed his hire.