World Bank’s IFC sector gets Ugandan as a vice president

Ugandans are doing well when it comes to international organisations. Apart from figures such as Winnie Byanyima, Justice Julia Ssebutinde, another Ugandan has arrived at the big stage.

The International Finance Corporation a private sector arm of the World Bank announced Emmanuel Nyirinkindi, a Ugandan national as it’s new vice president.

The IFC being an arm under the World Bank has a duty of promoting economic development and enhancing the lives of people by uplifting the growth of the private sector in developing countries.

The World Bank Group’s President David Malpass confirmed the appointment of Nyirikindi in his statement. He went ahead to recognize Nyirinkindi’s 14 years’ services at IFC majorly in the infrastructure development.

“He brings more than 25 years of experience in infrastructure and private sector development, including his pre-IFC career leading Uganda’s infrastructure reform programme in the ministry of Finance,” part of Malpass’ statent read.

Nyirikindi has been serving as the Director of Transaction Advisory Services at IFC before his appointment as vice president.

The Ugandan joined the organization in 2006 as a Senior Investment Officer in IFC Johannesburg Office.

Nyirikindi worked for the Ugandan Government in the Ministry of Finance. He was responsible for the introduction of PPPs in the electricity and railway sectors. He also coordinated legal and regulatory reforms in the basic infrastructure sectors.

His work CV also boasts of having worked with the faculty of commerce at Makerere University and the petroleum products industry.

He holds a bachelor’s degree of commerce from Makerere University and Master of Business Administration from the University of Kansas.

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