IFC names new managers in Central America, Caribbean

IFC names new managers in Central America, Caribbean

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The International Finance Corporation (IFC) said it has named new managers to run its operations in Central America and the Caribbean.

Sanaa Abouzaid will run the multilateral lender's division in Central America from its offices in Panama City, while Judith Green will oversee operations in the Dominican Republic, Haiti and the English-speaking Caribbean from Santo Domingo, IFC said in separate press releases on Tuesday.

Abouzaid and Green will replace Luc Grillet, who will become COO for Latin America and the Caribbean after five years in charge of operations in Central America and the Caribbean, according to IFC.

Abouzaid has worked for IFC for 17 years, while Green has been the head of English-speaking Caribbean for IFC since 2016. Before that, Green was a senior investment office for IFC in Jamaica from 2011 to 2013 and worked in Jamaica's Ministry of Finance and Planning from 2013 to 2016. 

IFC's committed investment portfolio in Central America stood at $2.9 billion at the end of January this year, including $1.7 billion from its own account and $1.2 billion from partner institutions with most of the money going to the private sector and infrastructure projects.

In the Caribbean, the portfolio came to $900 million at the end of January, including $200 million from other lenders, according to IFC.