Jamaican Gets Green Light to Oversee IFC’s Operations

WASHINGTON, D.C. – The International Finance Corporation (IFC) has appointed Jamaican Judith Green regional manager for the Caribbean.

Green Judith5“Green, Judith” Green will oversee operations in the English-speaking Caribbean, plus Haiti and the Dominican Republic, IFC’s hub where she will be based.

The financial institution based here is a member of the World Bank Group.

“IFC’s role in the Caribbean is important now more than ever and I look forward to working with our long-term partners and forging new relationships to support the development  of the region,” Green said, adding she aims to “lead IFC’s operations to provide private sector investments that drive sustainable growth, as well as leveraging our advisory services to improve the investment climate and support regional governments capital expenditure programs through the successful structuring of public-private partnerships.”

EXPERIENCE

Green will also manage IFC’s relationships with regional governments, donors and private sector stakeholders. She takes over the position from Luc Grillet, previously senior manager for Central America and the Caribbean, who was recently appointed chief operations officer for Latin America and the Caribbean. He will be based at IFC headquarters here.

The IFC said Green has worked as head for the English-speaking Caribbean since 2016, expanding IFC’s operations in the sub-region.

“As country manager, she will play a critical role in building our portfolio, developing new investment and advisory opportunities for IFC and enhancing our impact in the cluster of countries,” the organization noted.

“Specific focus will be provided to promoting financial inclusion for SMEs (small medium enterprises) and women entrepreneurs and working hand in hand with the private and public sector to provide solutions for the region to improve infrastructure and public services through public-private partnerships.”

In announcing Green’s appointment, Gabriel Goldschmidt, IFC’s director for Latin America and the Caribbean, said “Judith brings tremendous professional experience and a deep knowledge of the Caribbean market.

“Through her leadership, we look forward to continuing our strong track record in the region, serving our clients and creating new markets and opportunities where they are needed most.”

INVESTMENT

As of Feb. 2020, IFC’s committed investment portfolio in the Caribbean stood at nearly $900 million, covering a broad range of sectors, including financial markets, infrastructure, information and communication technology, manufacturing and services, and education.

This includes about $200 million mobilized from partnering institutions.

Green previously worked with IFC from 2011 to 2013 as a senior investment officer in Jamaica before joining the Ministry of Finance and Planning as a member of the Economic Program Oversight Committee, where she headed the government Coordination and Implementation Unit.

She also has capital markets and corporate banking experience, having held senior management positions in RBC Bank Jamaica Limited, Citigroup Global Markets Inc. (New York), and Citibank N.A. Jamaica.