IFC Appoints Martine Valcin as Country Manager for Rwanda, Tanzania and Uganda

​Dar Es Salaam, Tanzania, July 1, 2024—IFC today announced the appointment of Martine Valcin as its new Country Manager for Rwanda, Tanzania and Uganda. With more than 25 years of experience in corporate and sustainable finance, ESG, and capital markets, Valcin will lead IFC's efforts in the three countries to drive private sector development and deliver sustainable and inclusive economic growth.

"I am pleased to welcome Martine to this important role," said Mary Porter Peschka, IFC Regional Director for Eastern Africa. "Private sector growth is critical to realizing the region's ambitions for opportunity and prosperity. Martine's deep experience will enable her to expand IFC's impact and partnerships to deliver on these important goals for the people of Rwanda, Tanzania and Uganda."

A Canadian national, Valcin joined IFC in 2019 as Global Manager in ES&G Sustainability Advice & Solutions, assuming strategic and operational responsibility for corporate governance investment risk management, ESG knowledge leadership, and advisory operations. Before joining IFC, she worked at Canada's Public Sector Pension Investment Board, where she initiated responsible investment activities for global public equities and bonds. She spent more than 15 years at the Toronto Stock Exchange, leading the listings functions of Canada's largest equity market.

"It is a very exciting time for the region," said Valcin. "From energy and agriculture to financial inclusion and digital connectivity, there are many opportunities for growth and jobs in Rwanda, Tanzania and Uganda. I look forward to working with partners, clients, and the team across the World Bank Group to help the region address challenges like climate change and realize its enormous potential."

Valcin holds a Bachelor's degree from McGill University, a Master of Industrial Relations from Queen's University, Canada, and an MBA (Finance) from École des Hautes Études Commerciales (HEC Montreal).

Valcin will be based in Dar es Salaam. Her new role takes effect July 1, 2024. In fiscal year 2023, IFC's committed $610 million in Rwanda, Tanzania, and Uganda was.

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 2023, IFC committed a record $43.7 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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