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IFC 2011 Creating Opportunity Where It is Needed Most

IFC 2011 Creating Opportunity Where It is Needed Most. Oumar Seydi, Director Human Resources Abdullah Jefri, Investment Officer. Who We Are, What We Do.

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IFC 2011 Creating Opportunity Where It is Needed Most

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  1. IFC 2011Creating OpportunityWhere It is Needed Most Oumar Seydi, Director Human Resources Abdullah Jefri, Investment Officer

  2. Who We Are, What We Do • IFC is the largest global development finance institution focused on the private sector – the global leader in private sector development finance • Driven by our vision and purpose, we make a unique contribution to development • We invest, advise, mobilize capital, and manage assets – providing solutions for an inclusive and sustainable world Our vision is that people should have the opportunity to escape poverty and improve their lives.

  3. A Valuable Partner We are well-positioned to help clients in good times and bad We offer: • A strong financial position • Low leverage ratios, prudent risk management policies • A long-term partnership perspective, providing clients important countercyclical financing when commercial banks cut back • The expertise and experience needed to make a difference, focusing on innovative transactions where our development impact is the highest – creating opportunity where it is needed most • Affiliation with the World Bank

  4. IFC’s Global Reach 100+ country and regional offices worldwide 3,500 staff, of which 55% are outside of Washington Almaty Moscow Washington Istanbul New Delhi Cairo Mexico City Hong Kong Dakar Port-of-Spain Bogota Nairobi Johannesburg São Paulo Buenos Aires IFC HQ/Hub Offices IFC Operational Center IFC Country Offices

  5. Our Core Businesses AssetManagementCompany Investment Services Advisory Services • Loans • Equity • Trade finance • Syndications • Securitized finance • Other financial products • Wholly owned subsidiary of IFC • Private equity fund manager • Invests third-party capital alongside IFC • Access to finance • Sustainable Business • Investment Climate • Public-Private Partnerships $4.1b under mgmt $55.2 b portfolio $200m per year

  6. The Reach of IFC’s Projects IFC’s activities help raise living standards for people throughout the developing world Last year our clients provided: • 2.2 million jobs • $112 billion in micro, small, and medium enterprise loans • 8 million patients with health care treatment • 35 million people with clean water • 29 million people with power connections • 1.4 million students with education services

  7. Financing Criteria • Located in a developing country that is a member of IFC • Be in the private sector • Be technically sound • Have good prospects of being profitable • Benefit the local economy • Be environmentally and socially sound, satisfying IFC environmental and social standards as well as those of the host country

  8. IFC Financing $20bn IFC’s own account Mobilization* $15bn $10bn $5bn $0 * Mobilization includes syndicated loans, structured finance, IFC initiatives and other, and IFC Asset Management Company.

  9. Investments by Region, FY11 Commitments for IFC’s Account: $12.2 Billion Global >1% Sub-Saharan Africa 18% Middle East and North Africa 13% East Asia and Pacific 16% Latin America and the Caribbean 25% South Asia 6% Europe and Central Asia 22%

  10. Investments by Industry, FY11 Commitments for IFC’s Account: $12.2 Billion Agribusiness & Forestry4% Other Sectors>1% Consumer & Social Services4% Trade Finance38% Financial Markets25% Telecommunications& Information Technology3% Funds4% Oil, Gas & Mining2% Infrastructure13% Manufacturing 7%

  11. IFC in the Middle East and North Africa (MENA)

  12. SYRIA: • Population under 30 years: 67% • Youth unemployment: 60% • Urban poverty rate: 8% • Broadband penetration: 18% • TUNISIA: • Population under 30 years: 51% • Youth unemployment: 30% • Urban poverty rate: 2% • Broadband penetration: 34% • JORDAN: • Population under 30 years: 65% • Youth unemployment: 27% • Urban poverty rate: 13% • Broadband penetration: 27.2% • MOROCCO: • Population under 30 years: 56% • Urban youth unemployment: 32% • Urban Poverty rate: 5% • Broadband penetration: 33% The MENA Region • EGYPT: • Population under 30 years: 61% • Youth unemployment: >30% • Urban poverty rate: 10% • Broadband penetration: 21% • IDA • IDA • IDA • ALGERIA: • Population under 30 years: 56% • Youth unemployment: 32% • Urban poverty rate: 9% • Broadband penetration: 13.6% • LIBYA: • Population under years 30: 61% • Youth unemployment: 40-50% • Urban poverty rate: -- • Broadband penetration: 5.5% • BAHRAIN: • Population under 30 years: 48% • Youth unemployment: 32% • Urban poverty rate: -- • Broadband penetration: 88% • YEMEN: • Population under 30 years: 73% • Youth unemployment: 50% • Urban poverty rate: 31% • Broadband penetration: 1.8% • Note: Unemployment data source IMF REO/ILO; Broadband data source Internet World Stats; Poverty data World Bank

  13. IFC’s Strategy in MENA • Increase access to finance for underserved populations • Improve infrastructure services • Raise education and health service quality • Support high value-added sectors Greater priority will be given to addressing the needs of the middle class, youth, and poor with even more attention to: • Employment-generating real sector investments • Access to finance for MSMEs, mortgage/student borrowers, and small farmers • Improved quality of post-secondary education services • Agribusiness and agrifinance linkages to reduce inefficiencies • Addressing climate change

  14. Committed/Approved • Pipeline Immediate IFC Investment ResponseA few examples • Hikma • (Former Client) • Regional Support clients/private sector to restore investor confidence, restructure portfolios, and mobilize resources • Egypt • (Former Client) • Size: $27.5 m equity + $110 m A-loan • Support the leading regional pharmaceuticals company expansion, increase jobs for youth & women, and improve env & social standards • Tunisia • Preserve jobs by supporting the largest construction group in MENA and leading global fertilizer producer/distributor • Partner with the 2nd largest private sector bank to support its long-term financing of MSMEs as well as agribusiness, health and education projects • Egypt • Support expansion and modernization of a leading Egyptian appliance manufacturer, allowing for substantial increases in exports and job preservation • AUB • Regional • Regional • (Portfolio Client) • Investment through IFC Cap Fund • Size: $290 m of which $97.5 m from IFC’s own account + $192.5 m mobilization • Support South –South expansion of a strategic rgl bank in challenging MENA markets (esp. Egypt and Iraq) • Support to SMEs in the Maghreb by investing in a private equity fund which has an innovative climate change component – a first for an SME fund in North Africa

  15. Recruitment at IFC

  16. What does IFC look for in its people? • Technical expertise • Diverse nationalities and experience • Strong interpersonal and teamwork skills • Commitment to the IFC mission • Leadership potential • Language proficiency • Enthusiasm for working in a multicultural environment • Interest to live in emerging markets

  17. Lead multi-disciplinary teams focused on identifying investment opportunities, executing transactions and actively managing portfolio projects InvestmentOfficers • Analyze operational and financial performance of potential client companies to identify opportunities, address risks and recommend investment options • Develop innovative and appropriate financial structures • Negotiate investment terms • Supervise project implementation, including disbursements • Build and maintain strong relationships with clients and other stakeholders • Travel 6-12+ weeks per year Qualifications • Work experience (3-6 years) in investment/finance • Strong analytical, communications and negotiations skills

  18. Two Ways to Enter IFC as an Associate IO Global Transaction Team Program Direct Regional Hires • Grow career in one location/region • Usually join with relevant regional experience and language skills • Eventual opportunities for short-term assignment in another location or permanent transfer • Local currency compensation • Decentralized Recruitment • Applications ongoing • Referral to regional office • Offers/start on continuous basis • 2-year program to launch a global career at IFC • 6-month initiation in Washington followed by 18-month assignment in regional hub (Istanbul, Hong Kong or Johannesburg) • Post program: 2-3 year international assignments • Geographic flexibility • International (US$) compensation • Centralized Recruitment • Interviews – October/November • Offers - Dec 2011 • Start - Sept 2012 All staff receive generous benefits package and access to skills /leadership training

  19. Thorough onboarding process to get to know IFC business and culture • 2-3 year assignments in different locations to build expertise and leadership • Option to pursue alternative career path as regional hire GTT Career Path Preferred Post-Program Career Path GTT Program – 2 years Hub Experience 2 years Global Experience 2 years GTT Experience 18 months Initiation 6 months • In hub, e.g. Sao Paulo, Mexico City, Moscow, Dakar, Nairobi, Delhi, Beijing • In Regional Industry Department (different industry) • In Washington or Operations Center • In Global Industry Group to develop industry depth • Or in investment-related function, e.g. Credit, Special Operations • In large hub - Istanbul, Hong Kong, or Johannesburg • In Regional Industry Department (same industry, to leverage network) • Join in Washington • Common start date • Undertake corporate training • Gain exposure to Global Industry Dept Alternative track: Regional hire Opt out of globally mobile GTT career track and apply for a direct regional hire position in any location To apply visitwww.ifc.org/careers/RecruitmentPrograms

  20. Summer Internship Program • 35 - 40 interns are selected each summer to work in Washington and regional offices • Undertake discrete projects, such as investment due diligence and market/sector research • Minimum internship period of 4 weeks • Recruitment Process • Candidates must be in the first year of an MBA/graduate program • Selection requirements differ by department/function • Online application: Dec 1 to Jan 15 • Short-listed candidates are contacted directly by departments for interviews • Select number of summer interns are considered for the GTT Program and other full-time opportunities • To apply visitwww.ifc.org/careers/RecruitmentPrograms

  21. Advisory Services Opportunities • Regional Business Line Leaders • Regional line of business management (thematic leadership and regional thematic implementation) • Technical Experts • Program Management (product expertise, implementation, knowledge management) • Monitoring and Evaluation • Impact measurement, quality management Qualifications: • Graduate or postgraduate degree in relevant discipline • Technical and project management experience

  22. Global Recognition Best Overall Development Finance Institution and Best DFI in Africa Trade Finance Magazine July 2011 Multilateral of the Year Award Project Finance International January 2011 Deal of the Decade Award (BTC Pipeline) Infrastructure Journal April 2011 Multilateral Agency of the Year Infrastructure Journal April 2011 Renewable Deal of the Year for Asia Pacific (China WindPower Group) Project Finance International June 2011

  23. Who We Are, What We Do • IFC is the largest global development finance institution focused on the private sector – the global leader in private sector development finance • We create opportunity for people – to escape poverty and improve their lives • Driven by our vision and purpose, we make a unique contributionto development • We invest, advise, mobilize capital, and manage assets – providing solutions for an inclusive and sustainable world • Visit www.ifc.org/careers for a complete list of current opportunities!

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