IFC continues Africa team shuffle, names new chief for four SADC countries

 IFC continues Africa team shuffle, names new chief for four SADC countries

International Finance Corporation (IFC) has named a new head for four countries in southern Africa as it continues a major overhaul of the team in the continent, months after former Senegal minister Makhtar Diop took over the global reins of the organisation.

The private-sector investment arm of the World Bank has appointed Carlos AT Katsuya as its new senior manager for Angola, Botswana, Mozambique and Zambia, part of the Southern African Development Community (SADC).

This comes just days after IFC named Kalim M. Shah as its new senior country manager for Nigeria. Earlier this year, IFC had also named Amena Arif as its new country manager for Kenya, Tanzania, Uganda, Rwanda, Burundi, Somalia, and Malawi.

Katsuya will be based in Luanda, Angola. He succeeds Hector Gomez Ang, who is assuming a new role as IFC’s regional director in South Asia.

IFC’s focus in Angola, Botswana, Mozambique and Zambia includes supporting country partners to diversify their economies by promoting sustainable growth, bridging the infrastructure and connectivity gaps, promoting digital inclusion and solutions and boosting agricultural productivity.

Katsuya, a Brazilian and Portuguese national, was a senior vice president at ABN AMRO Bank in the South American nation before joining IFC in 2003.

At IFC, he has worked in Asia, Latin America, Eastern Europe, and the Middle East and North Africa. Most recently, he was the CIO in the infrastructure department in Asia based in Singapore, where he led IFC’s investments in the telecommunications sector. He has also previously served as the portfolio manager for infrastructure in Latin America and was the special assistant to IFC’s vice president of finance and treasurer.

“Carlos brings invaluable experience to his new role that will help IFC to continue supporting our partners recover more resiliently from the current health and economic crisis while leveraging important trends such as growing demand for digital solutions and digital connectivity,” said Kevin Njiraini, IFC’s regional director for southern Africa and Nigeria.

Vivek Sinha

The Capital Quest