IFC 2011 Creating Opportunity Where It is Needed Most

IFC 2011 Creating Opportunity

Where It is Needed Most

Oumar Seydi, Director Human ResourcesAbdullah Jefri, Investment Officer

• 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

Who We Are, What We Do

Our vision is that people should have the opportunity to escape poverty

and improve their lives.

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• 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

We are well-positioned to help clients in good times and bad

We offer:

A Valuable Partner

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IFC’s Global Reach

100+ country and regional offices worldwide

3,500 staff, of which 55% are outside of Washington

Dakar

Nairobi

Johannesburg

Cairo

Washington

Mexico City

Bogota

Buenos Aires

São Paulo

Port-of-Spain

Moscow

IFC HQ/Hub OfficesIFC Operational CenterIFC Country Offices

Hong Kong

New Delhi

Almaty

Istanbul

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Our Core Businesses

InvestmentServices

AdvisoryServices

AssetManagement

Company

• Loans

• Equity

• Trade finance

• Syndications

• Securitized finance

• Other financial products

• Access to finance

• Sustainable Business

• Investment Climate

• Public-Private Partnerships

• Wholly owned subsidiary of IFC

• Private equity fund manager

• Invests third-party capital alongside IFC

$4.1b under mgmt

$55.2 b portfoli

o

$200m per year

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The Reach of IFC’s Projects

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

IFC’s activities help raise living standards for people throughout the developing world

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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

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IFC Financing

IFC’s own account Mobilization*$20bn

$15bn

$10bn

$5bn

$0

* Mobilization includes syndicated loans, structured finance, IFC initiatives and other, and IFC Asset Management Company.

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Investments by Region, FY11

Commitments for IFC’s Account: $12.2 Billion

Sub-Saharan Africa 18%

East Asia and Pacific 16%

South Asia 6%

Europe and Central Asia 22%

Latin America and the Caribbean 25%

Middle East and North Africa 13%

Global >1%

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Investments by Industry, FY11

Consumer & Social Services4%

Commitments for IFC’s Account: $12.2 Billion

Infrastructure13%

Manufacturing 7%

Other Sectors>1%

Telecommunications& Information Technology3%

Agribusiness & Forestry4%

Financial Markets25%

Funds4%

Oil, Gas & Mining2%

Trade Finance38%

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IFC in the Middle East and North Africa (MENA)

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The MENA Region•MOROCCO:

•Population under 30 years: 56%

•Urban youth unemployment: 32%

•Urban Poverty rate: 5%

•Broadband penetration: 33%

•TUNISIA:


•Youth unemployment: 30%

•Urban poverty rate: 2%


•JORDAN:




•Broadband penetration: 27.2%

•SYRIA:





•ALGERIA:





•LIBYA:

•Population under years 30: 61%

•Youth unemployment: 40-50%

•Urban poverty rate: --


•YEMEN:





•IDA

•IDA

•IDA

•EGYPT:


•Youth unemployment: >30%



•BAHRAIN:



•Urban poverty rate: --


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•Note: Unemployment data source IMF REO/ILO; Broadband data source Internet World Stats; Poverty data World Bank

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

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Immediate IFC Investment ResponseA few examples

Support clients/private sector to restore investor confidence, restructure portfolios, and mobilize resources

•AUB

•Regional

•Hikma

•(Former Client)

•Regional •Egypt•(Former Client)

•Egypt

•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)

•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

•Preserve jobs by supporting the largest construction group in

MENA and leading global fertilizer

producer/distributor

•Support expansion and modernization of a leading

Egyptian appliance manufacturer, allowing for

substantial increases in exports and job

preservation

•Tunisia•Partner with the 2nd largest private sector

bank to support its long-term financing of MSMEs as well as agribusiness, health and education

projects

•Pipeline•Committed/

Approved

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•Regional

•(Portfolio Client)

•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

Recruitment at IFC

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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

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Investment Officers

• 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

Lead multi-disciplinary teams focused on identifying investment opportunities, executing transactions and actively managing portfolio projects

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Two Ways to Enter IFC as an Associate IO

• 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

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

All staff receive generous benefits package and access to skills /leadership training

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GTT Career Path• 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

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Initiation6 months

• Join in Washington

• Common start date

• Undertake corporate training

• Gain exposure to Global Industry Dept

GTT Experience18 months

• In large hub - Istanbul, Hong Kong, or Johannesburg

• In Regional Industry Department (same industry, to leverage network) Alternative

track: Regional hire Opt out of globally mobile GTT

career track and apply for a direct regional hire position in any location

• In Washington or Operations Center

• In Global Industry Group to develop industry depth

• Or in investment-related function, e.g. Credit, Special Operations

Hub Experience2 years

• In hub, e.g. Sao Paulo, Mexico City, Moscow, Dakar, Nairobi, Delhi, Beijing

• In Regional Industry Department (different industry)

GTT Program – 2 years Preferred Post-Program Career Path

Global Experience2 years

To apply visit www.ifc.org/careers/RecruitmentPrograms

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 visit www.ifc.org/careers/RecruitmentPrograms

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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

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Global Recognition

Best Overall Development

Finance Institution and

Best DFI in Africa

Trade Finance Magazine

July 2011

Renewable Deal of the Year for Asia

Pacific (China WindPower Group)

Project Finance International

June 2011

Deal of the Decade

Award (BTC Pipeline)

Infrastructure Journal

April 2011

Multilateral of the Year

Award

Project Finance International

January 2011

Multilateral Agency of the Year

Infrastructure Journal

April 2011

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• 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!

Who We Are, What We Do

Documents

IFC 2011 Creating Opportunity Where It is Needed Most