David R. Malpass
President, World Bank Group
David R. Malpass was selected as the 13th President of the World Bank Group by the Bank’s Board of Executive Directors on April 5. His five-year term began on April 9, 2019.
Mr. Malpass previously served as Under Secretary of the Treasury for International Affairs for the United States. As Under Secretary, Mr. Malpass represented the United States in international settings, including the G-7 and G-20 Deputy Finance Ministerial, World Bank-IMF Spring and Annual Meetings, and meetings of the Financial Stability Board, the Organization for Economic Cooperation and Development, and the Overseas Private Investment Corporation.
In 2018, Mr. Malpass successfully advocated for the capital increase for the IBRD and IFC as part of a larger reform agenda featuring sustainable lending practices, more efficient use of capital, and a focus on improving living standards in poor countries. He was also instrumental in advancing the Debt Transparency Initiative, adopted by the World Bank and IMF, to increase public disclosure of debt and thereby reduce the frequency and severity of debt crises.
Prior to becoming Under Secretary, Mr. Malpass was an international economist and founder of a macroeconomics research firm based in New York City. Mr. Malpass served as chief economist of Bear Stearns and conducted financial analyses of countries around the world.
Minister of Economy and Business, Spain
Nadia Calviño Santamaría, is a Spanish State economist, academic and civil servant of European institutions. In June 2018, she was appointed Minister of Economy and Business, Spain. From 2014 to 2018, she was Director-General for Budget of the European Commission. She holds a degree in Economics (1991) from the Universidad Complutense de Madrid (Spain) and a degree in Law (2011) from the Universidad Nacional de Educación a Distancia (UNED). In 1994, she joined the Spanish Civil Service as member of the senior corps of State Economist and Trade Experts (Técnicos Comerciales y Economistas del Estado).
Before joining the European Commission in September 2006, she worked in the Spanish public sector in areas such as macroeconomic analysis and forecasting, foreign trade, economic policy and competition. Other senior roles that she held included Director-General for Competition, Deputy Director-General for Legal and Institutional Affairs and Deputy Director-General for Mergers.
Minister Calviño has lectured at the Faculty of Economic at the Universidad Complutense of Madrid. She has also published a large number of articles on matters within her expertise and has been awarded 2012 Women Leadership Awards by the Aliter Business School, and the 2007 Public Sector Lawyer of the Year by Iberian Lawyer magazine. In 2015, HM King Philip VI bestowed Minister Calviño with the Commendation of the Order of Civil Merit.
CEO, Impact Advisory and Finance Department, Credit Suisse
Marisa Drew is CEO of the Impact Advisory and Finance Department at Credit Suisse. She is responsible for setting the strategy and facilitating activities across the bank which lead to Sustainable Finance and Impact Investing on behalf of the bank’s private wealth, institutional and corporate clients. Prior to this role, from 2013 to 2017, Marisa was the Co-Head of the EMEA Investment Banking and Capital Markets (IBCM) Division. She has been in the investment banking business for over 30 years and with Credit Suisse since 2003.
Ms. Drew is active in recruitment, diversity and philanthropic initiatives in the industry. She sits on the Harvard Women’s Leadership Board and is a Trustee of the Credit Suisse Foundation. She also sits on the advisory boards of The Wharton School and the charity, Room-to-Read.
Ms. Drew was recognized by the BBC as one of the Most Powerful Women in Britain and by Fortune Magazine as one of the 50 Most Powerful Women in International Business. She has also been recognized by Financial News in its "100 Most Influential Women in Finance" list in every year from its inception in 2007 through 2018.
Executive Managing Director and Chief Investment Officer, Government Pension Investment Fund of Japan
Mr. Hiro Mizuno has served as Executive Managing Director and CIO of GPIF since January 2015. Prior to joining GPIF, he was a partner of Coller Capital, a London-based private equity firm. He is a member of the Board and Asset Owner Advisory Committee of PRI. He is one of Founding Members of Climate Finance Leadership Initiative (CFLI), established in January, 2019.
He serves as an executive advisor and committee member of Japanese government on several subjects, including “Growth Strategy in accordance with Paris Climate Change Agreement”. His engagements in academics involve an advisor, Office of the President of the University of Tokyo, an adviser to the Kyoto University’s Center for iPS Cell Research and Application, a senior fellow of Tel Aviv University Graduate School of Management and a member of the International Executive Committee for the Einstein Legacy Project at Hebrew University. Mr. Mizuno was awarded “Outstanding Individual Contribution” in RI (Responsible Investor), Innovation & Industry Leadership 2017.
Maggie Lake is a veteran journalist with over two decades of experience covering business, technology, politics and international affairs. She started her career at Reuters, where she worked in both the New York and London bureaus covering economics and global markets. In 2001 she joined CNN International where she served as a correspondent and then anchor for the network’s flagship business shows. Over the course of her career she has been a consistent champion of economic inclusion and sustainable development. She has served as a weekly contributor for NPR and moderated events for the United Nations, World Bank, Council on Foreign Relations and Global Citizen. She is currently enrolled in a Diversity & Inclusion graduate program at Rutgers University.
Philippe H. Le Houérou
CEO, International Finance Corporation
Philippe Le Houérou is CEO of IFC. Since joining IFC in March 2016, Mr. Le Houérou has led the organization’s efforts to create new markets in difficult environments and redefine development finance by promoting initiatives and reforms to unlock additional private investment. Mr. Le Houérou previously held leadership positions at the World Bank and the European Bank for Reconstruction and Development. As the World Bank’s Regional Vice President for South Asia from 2013 to 2015, he designed a new regional strategy, restructured the Bank’s regional portfolio, and more than doubled new lending. Earlier, he was Regional Vice President for Europe and Central Asia, where he led the Bank’s effort to mitigate the global economic crisis’s impact on the region. Mr. Le Houérou has held a number of other key positions at the Bank, including Vice President of Concessional Finance and Global Partnerships; Acting Vice President and Chief Information Officer; Director of Finance and Resource Mobilization; Macro-Fiscal Sector Manager; and Resident Representative in Madagascar. Prior to his arrival at IFC, Mr. Le Houérou was Vice President for Policy & Partnerships at the European Bank for Reconstruction and Development. He holds an MBA from Columbia University and a Ph.D in Economics from the Institut d'Etudes Politiques de Paris.
Minister of Finance, Ethiopia
Mr. Ahmed Shide is the Minister of Finance of Ethiopia since October 2018. Previously Mr. Shide served as Minister of Transport as well as Minister of Government Communication Affairs of Ethiopia. Before that, he served as a State Minister of Ministry of Finance and Economic Development for more than eight years, where he diligently led the country’s economic cooperation and regional development and integration agenda. During his service as a State Minister, he championed the economic reform endeavors of the Government and contributed to the significant development achievements the country recorded over the past couple of decades. He is now leading the economic reform agenda the Government announced recently which aims to boost private participation in many areas of the economy and enhance economic efficiency. Moreover, he also dedicatedly served the Government of Ethiopia at various capacities including at the regional state level. Minister Ahmed Shide is a member of the Federal Parliament of the Federal Democratic Republic of Ethiopia. Mr. Shide holds Masters of Arts in Participation, Development and Social Change from the Institute of Development Studies, University of Sussex, United Kingdom, Post-Graduate Diploma in Managing Rural Resources and Resource Conflicts from the Institute of Social Studies, The Hague, the Netherlands, and MBA from Greenwich University, London, United Kingdom. He also holds a Bachelor of Arts in Economics from Ethiopian Civil Service College, Addis Ababa, Ethiopia.
Lucy is head of Africa for the Energy team, a role she has held since March 2017. She has overall responsibility for the Actis Energy team’s activities in Africa and is Investment Manager of Lekela and Aela, two of Actis’ renewable energy platforms in its third energy fund. She also has responsibility for New Technologies globally, as well as Responsible Investment for Energy, working closely with the Actis Responsible Investment team to coordinate activities and impact across the energy portfolio. She sits on Actis’ Risk and Remuneration Committees. Prior to becoming head of Africa, Lucy was responsible for Actis’ renewable generation activity globally, a role she held between 2011 and 2017. She joined Actis’ predecessor organization, CDC, in 2001 and was a founding member of Globeleq, the sole platform company of Actis’ first energy fund. Before joining CDC, she worked at UBS Warburg from 1994 to 1999 as a Director in the fixed income division, latterly trading emerging market local currency bonds and interest rate derivatives in the South African, Czech and Greek markets.
Executive Vice President and Chief Executive Officer, Multilateral Investment Guarantee Agency (MIGA)
Keiko Honda is Executive Vice President and Chief Executive Officer of the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group. MIGA supports cross-border equity investors and lenders by providing coverage against currency inconvertibility and transfer restriction, expropriation, war and civil disturbance, breach of contract, and non-honoring of financial obligations.
As part of a personal commitment to raising the visibility of female leaders, Honda launched MIGA’s first Gender CEO Award in 2016. The award acknowledges the achievements of a woman leader among MIGA’s clients, and showcases the importance of women in leading and spurring private sector activity in developing countries. In a personal capacity, Honda is also a member of the Investments Committee of the United Nations. Previously, Honda was the first woman Senior Partner at McKinsey & Company in Asia. During her twenty-four years at McKinsey, she supported financial institutions after several financial crises. Honda holds a bachelor’s degree in consumer economics from Ochanomizu University and an MBA from the University of Pennsylvania’s Wharton School, where she was selected as a Fulbright Scholar.