World Bank Unit Appoints Trio to Support APAC
A unit of the World Bank focused on the private sector in emerging markets has announced a trio of roles to support developments in Asia and the Pacific.
International Finance Corporation (IFC) has appointed Sarvesh Suri as regional vice president for Asia and the Pacific, according to a statement. Based in Singapore, he will oversee a team working from India to the Pacific Islands, designing private sector solutions in the financial, manufacturing, agribusiness, services as well as infrastructure and natural resources sectors to deliver transformative change for communities and businesses.
Suri has 25 years of global investment and development expertise, including more than two decades in various World Bank positions. He was previously director of operations at the World Bank’s Multilateral Investment Guarantee Agency (MIGA) and Jakarta-based regional manager overseeing business operations in Indonesia, Thailand, Malaysia, Singapore and Papua New Guinea.
South West Asia, Pacific Islands and East Asia
To support Suri in the region, Keiko Miwa and Arnaud Dupoizat have been named as new division directors. Miwa will manage South West Asia and Pacific Islands, based in Jakarta. Based in Hong Kong, Dupoizat will oversee East Asia, effective February 1.
«Countries throughout Asia and the Pacific face complex and varied issues. What unites people across the region is that they all want the dignity of a job – livelihoods to support themselves and their families,» commented Suri.
«My focus therefore will be on maximizing IFC's toolkit of private sector solutions to create jobs. We can do this by mobilizing private capital and pursuing innovative financing instruments. We can strengthen local capital markets. We can make equity investments for greater impact. And we can invest in micro-, small-, and medium-enterprises as engines of job creation.»
IFC is the World Bank Group’s member and private sector arm focused on emerging markets. It operates in over 100 countries and in the fiscal year of 2025, it committed a record $71.7 billion to private companies and financial institutions.
