Vice President & Chief Operating Officer
Rashad Kaldany is the Vice President and Chief Operating Officer at the IFC, a member of the World Bank Group. He is responsible for leading all IFC’s investment and advisory services activities aiming to achieve sustainable private sector development in emerging markets, creating opportunity and improving people's lives.
He joined IFC in 1988 as an Investment Officer in the Africa Department. He has played a critical role in strengthening the institution’s effectiveness and expanding its development impact, working in every region of the world. He has served on IFC’s Management Team since 2008—in positions that represent the breadth and depth of IFC’s global and local expertise.
Previously, he was Vice President, Asia, Eastern Europe, Middle East and North Africa, based in Istanbul. Before that he was Vice President, Middle East and North Africa, East and South Asia, and Global Infrastructure Cluster.
Prior to becoming a Vice President, Kaldany led IFC's infrastructure department between March 2007 and June 2008. During this period, IFC's activities in infrastructure development more than doubled. As Director of the Oil, Gas, Mining and Chemicals Department before that, he oversaw the multi-stakeholder extractive industries consultation process, which reinvigorated the mandate for World Bank Group activities in these sectors, with a focus on community development. He also led the Bank Group's participation in launching the Extractive Industries Transparency Initiative and the Global Gas Flaring Reduction Partnership.
Born in Egypt to a Syrian family, Mr. Kaldany is currently a US/Syrian national. He holds a Ph.D. in biochemistry from Columbia University and an MBA from Stanford University.