WASHINGTON – U.S. International Development Finance Corporation (DFC) Chief Executive Officer Scott Nathan this week met with foreign delegations, CEOs and other private sector leaders, and heads of allied development finance institutions (DFIs) on the sidelines of the 2022 Annual Meetings of Board of Governors of the World Bank Group and the International Monetary Fund. The discussions highlighted shared values and the important role of private sector investment in tackling the development challenges around the world.
CEO Nathan’s meetings with heads of peer DFIs focused on opportunities to advance reliable energy, food security and agriculture, climate solutions and infrastructure in developing markets. He met with European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso, British International Investment (BII) CEO Nick O'Donohoe, FinDev Canada CEO Lori Kerr, Export-Import Bank of Korea (KEXIM) Chair and President Mr. Hee-sung Yoo, Japan Bank for International Cooperation (JBIC) Governor Nobumitsu Hayashi, and Norfund CEO Thellef Thorleifsson to discuss enhanced collaboration to meet development goals.
Additionally, CEO Nathan convened a G7 DFI Alliance meeting highlighting their continued commitment to transparent and sustainable private sector investments, including narrowing the infrastructure gap in the developing world, as well as investments in climate and energy security, health, gender and equity, and digital connectivity.
CEO Nathan also met with Beata Daszyńska-Muzyczka, President of the Polish State Development Bank (BGK) to discuss the commitment to energy and infrastructure investments that enhance energy security, facilitate energy diversification, and improve connectivity in the Three Seas region.
CEO Nathan advanced the Biden-Harris Administration’s and DFC’s prioritization of investment and partnership in Africa, with meetings with President of Togo Faure Gnassingbé and Democratic Republic of Congo Minister of Finance Nicolas Kazadi, to explore current development and investment opportunities with the business community.
CEO Nathan met with Minister of Singapore Infrastructure Asia Indranee Raja. He expressed thanks to the Minister for the strong, continued partnership between DFC and Singapore Infrastructure Asia, and discussed the shared commitment of both countries to investing in health, climate, internet and communications technology, and gender equity sectors in the Indo-Pacific.
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U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.