IFC's Nina Shapiro: Passion for EM
The IFC’s popular treasurer is forced by internal rules to step down. But the irrepressible Nina Shapiro has no intention of quitting emerging markets.
"Infrastructure isnt really one investment. It involves
two investments with very different risk factors, investors,
and timeframes," says Shapiro, seizing on one of her many
fixations. "After the construction phase, infrastructure can
function more long-term like a utility, and could appeal to the
longer term institutional investors," she adds.
by James Crombie
After more than 30 years at the World Bank, the IFCs
no-nonsense treasurer Nina Shapiro is still brim full of good
ideas. Beloved by colleagues as much for an impressive list of
achievement as for her sharp intellect and sense of humor,
Shapiro sounds impatient to do more.
According to Shapiro, collaboration with the government is
necessary in the first construction stage, to ensure
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