IFC Appoints Maiko Miyake as Country Advisor and Economics Manager for North, West and Central Africa

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Lagos, Nigeria, 28 March 2024 - IFC today announced the appointment of Maiko Miyake as its first Country Advisory and Economics Manager for North, West, and Central Africa. In her new role, Miyake will lead and strengthen IFC's support to governments in the regions to help them boost and attract private investments and spur economic development.

Based in Lagos in Nigeria, Miyake will drive policy dialogue with governments in coordination with teams across the World Bank Group to support resilient, inclusive, and sustainable private sector growth and job creation. She will also work closely with country management teams in the region to refine investment promotion strategies to focus on areas where IFC can deliver maximum development impact.

A Japanese national, Miyake joined IFC in 2000 and brings more than 25 years of experience to her new role. Most recently, Miyake served as IFC's Principal Investment Officer for the Creating Market Advisory unit for North, West, and Central Africa. In that role, she worked across key areas including, trade, financial inclusion, corporate governance, and green financing.

"I look forward to this opportunity to continue to deepen strategic dialogue and engagement with external and internal stakeholders, while coordinating initiatives across the World Bank Group that enables inclusive and sustainable private investments," said Miyake.

"I welcome Maiko to her new role," said Dahlia Khalifa, IFC's Regional Director for Central Africa and Anglophone West Africa. "IFC has intensified efforts to mobilize Africa's private sector through funding, advisory support, and expertise to address economic challenges and harness opportunities for sustainable growth. Maiko's extensive experience in Africa and beyond will be invaluable in her new role as she builds upon IFC's support to our government partners."

Miyake has worked across the World Bank Group, holding strategic positions in IFC, the International Development Association (IDA) / International Bank for Reconstruction and Development (IBRD), and the Multilateral Investment Guarantee Agency (MIGA). Before joining the World Bank Group, she worked for the United Nations and the Organisation for Economic Co-operation and Development (OECD). Her professional experience spans across Asia, Latin America, Europe, the Middle East and North Africa, and sub-Saharan Africa.

Miyake holds a Doctorate in international business from the University of Bradford School of Management, England, and a master's degree in development economics and international development from the University of East Anglia, Norwich. She also holds a bachelor's degree in international business from Sophia University in Tokyo, Japan.

In fiscal year 2023, IFC provided record financing in Africa of $11.5 billion in investments across 40 African countries. IFC's work in North, West and Central Africa includes supporting financial services, bridging infrastructure gaps, strengthening manufacturing and supply chains, boosting agricultural productivity, supporting small businesses, and promoting regional trade and connectivity.

About IFC

IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

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