IFC plays a key role in financing businesses, improving financial access, and supporting climate initiatives, making Arif’s leadership crucial in mobilizing capital for development.
She succeeds Jean-Marc Arbogast, who now serves as the World Bank Group’s country manager for Chile.
Commitment to economic development
“IFC is committed to working together with our partners in the Philippines to unlock funding that will help create jobs, support companies to mitigate the impacts of climate change, open doors for small businesses to grow, and make sure digital services are available to everyone,” Arif said in a statement.
“I am excited to be back in Asia and look forward to working closely with our public and private sector partners towards sustainable and inclusive growth,” she added.
Global experience in emerging markets
Arif, a Pakistani national, has been with IFC since 2012, leading investment transactions across South Asia, the Middle East, and Africa. She most recently served as IFC’s country manager for East Africa and previously held the same role in Sri Lanka and the Maldives.
With expertise in structuring debt and equity deals, Arif is expected to drive investments that support job creation, small business growth, and digital inclusion.
