John Gandolfo is IFC’s Vice President, Economics and Private Sector Development (acting) and Treasurer. In these capacities, Mr. Gandolfo leads a global team responsible for managing IFC’s financial position, safeguarding the organization’s international triple-A rating and maintaining IFC’s standing as a premier issuer in the global capital markets.
Mr. Gandolfo leads IFC’s Treasury and Syndications global team in delivering on IFC’s strategy to create markets and mobilize private capital for development. The team manages over $100 billion in liquid assets, global market borrowings, and derivatives transactions. It is responsible for strengthening local-currency financing by arranging and executing local-currency and risk-management transactions for clients and raising third-party capital through innovative syndication and mobilization platforms such as the Managed Co-Lending Portfolio Program (MCPP).
Prior to taking the role of IFC Treasurer, Mr. Gandolfo was Director and Chief Investment Officer of the Pension and Endowments Department at the World Bank. His team managed $27 billion of World Bank Group pension and other retirement-benefit portfolios invested across a range of asset classes and strategies.
Over a highly successful career spanning more than 30 years in the World Bank Group, Mr. Gandolfo acquired broad experience in financial markets and treasury operations. As Director of the Quantitative Strategies, Risk and Analytics Department, he was responsible for the development of strategic and tactical asset allocations, risk management, and financial modeling for the asset management, capital markets, and banking businesses. Before that, he was the Director of the Investment Management Department. He began his career in IFC’s Financial Management and Planning Department.
Mr. Gandolfo, a U.S. citizen, holds a BA from the University of Pennsylvania and an MBA from the George Washington University.