Kinshasa, the Democratic Republic of Congo, October 18, 2022—IFC has appointed Malick Fall as its new Country Manager for Burundi, the Democratic Republic of Congo (DRC), and the Republic of Congo. In his new role, Fall will lead IFC's strategy to increase impact and spur development and job creation across the countries' agribusiness, financial, infrastructure, and other sectors.
Fall, a Senegalese national who has been IFC's resident representative for the DRC since 2021, brings extensive global development experience to his new role supporting private sector growth and job creation in the three countries.
Fall will work closely with colleagues across the World Bank Group, development partners and with other public and private sector partners. He will be based in the DRC's capital, Kinshasa.
IFC created this new Country Manager role for Central Africa to increase its impact and be closer to clients in Burundi, the DRC and, the Republic of Congo as the countries work to recover from the impacts of COVID-19 and face other pressing challenges, including from climate change and rising global inflation.
"Malick's substantial regional and sectoral experience will be pivotal as we ramp up our support to these three countries. Increasing private sector investment will be key to harnessing the countries' potential to create more jobs and opportunities as businesses and families brace themselves against the current global economic headwinds," said Sérgio Pimenta, IFC Vice President for Africa.
Fall joined IFC in 2011 and has worked extensively in sub-Saharan Africa, including in fragile and conflict-affected states such as Mali, leading teams to deliver high-impact projects.
Before joining IFC, Fall worked in financial consulting and investment banking. He led several transactions in project finance, mergers and acquisitions, and debt restructuring. Fall holds a Master's degree from the French business school, Institut Superieur du Commerce de Paris, with a major in Finance.
"I'm excited to take up this new position and I look forward to working with our public and private sector partners to help Burundi, the DRC, and the Republic of Congo meet their development goals. My top priority will be to help each country address pressing development challenges by expanding IFC's investment and advisory programs in strategic sectors for growth and job creation," said Fall.
IFC's focus in Burundi, the DRC, and the Republic of Congo includes supporting the agribusiness sector, bridging the infrastructure and connectivity gaps, promoting digital inclusion, and financing micro, small, and medium-sized enterprises.
About IFC
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
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