The impact of corporate social responsibility on development is currently under the spotlight and IFC’s leading role is having considerable effect, says Rachel Kyte, Director of the Environment and Social Development Department at IFC. In this interview, Kyte considers IFC’s demonstration effect on company behavior and examines the importance of women in achieving economic growth.
Short Video Clip l Full Interview (6 min)
IFC represents integrity and the Good Housekeeping Seal of Approval, according to current IFC Vice President for Asia and Latin America Farida Khambata. Over the last couple of decades, IFC's principles have guided the greater focus on emerging and capital markets, sustainability and gender issues. In this interview, Ms. Khambata discusses these issues and addresses the evolving role of women within the organization and its investments.
Short Video Clip l Full Interview (7 min)
From his 25-year vantage point working at IFC, beginning in 1980 and spanning increasingly responsible positions before retiring as Acting EVP in 2005, Assaad Jabre has a unique view of how far IFC has come and how much remains to be done. IFC has pushed the envelope in several regions, ranging from Latin America to Eastern Europe, he says. But its future mark lies in frontier markets such as Africa.
Short Video Clip l Full Interview (11 min)
At the invitation of then WB President Robert McNamara, David Gill joined IFC in 1971 as the first director of its Capital Markets Department, where he oversaw more than a decade and a half of groundbreaking IFC innovations in financial markets development.
Short Video Clip l Full Interview (16 min)
As IFC’s Chief Economist between 1988 and 2003, Guy Pfeffermann helped frame the Corporation’s intellectual ethos, alleviating poverty through private sector development. His contributions laid the basis for much of IFC’s contemporary intellectual work, including business climate surveys and Doing Business. But his greatest passion, he says, is the IFC’s Global Business School Network -- catalyzing top business school training in developing country universities and institutions of learning. View short video clip or the full interview.
Short Video Clip l Full Interview (13 min)
Optimizing economic and social advance for the poor is extremely difficult in many developing countries, says former WBG President Robert McNamara (1968-1981). He believes that’s due to low domestic savings rates and weak interest from private investors. And that, says McNamara, is where IFC comes in and does very well: “combining with private capital to move in where private capital by itself would not.”
Short Video Clip l Full Interview (5 min)
Several trips to Africa paved the way for his making microfinance, among others, part of the IFC agenda, says former IFC EVP Peter Woicke (1999-2005). But Woicke’s tenure will be equated with IFC’s taking the global lead on environmental and social sustainability issues. Woicke recounts how global banks approached IFC for advice, then integrated its environmental and social standards into a project finance framework known as the Equator Principles.
Short Video Clip l Full Interview (18 min)
Direct lending to small and medium enterprises has always been a challenge for IFC. But the story of Kenyan trucking company Multi-Hauler shows it can be done. Our $1 million 1998 loan more than doubled the company’s fleet, enabling it to grow across East Africa and incorporate sustainable practices in its business. CEO Rajinder Baryan urges IFC not to forget about small and medium enterprises. We’re not. In fact, by building local banks’ small business lending skills, we now reach far more small businesses than ever before.
Short Video Clip l Full Interview (2 min)
1 through 8 of 24 matching documents
