IFC, the private sector arm of the World Bank Group, has appointed Ronke-Amoni Ogunsulire as the new Regional Manager for the Caribbean. Ogunsulire, a Nigerian, will be based in Santo Domingo, IFC’s Caribbean headquarters, overseeing operations in the Dominican Republic, Haiti, and the English-speaking Caribbean.
As head of IFC’s operations in this region, she will focus on growing IFC’s investment and advisory services in the Caribbean, with a focus on social and financial inclusion for underserved segments, promoting climate-smart investments to help region to adapt and be more resilient to climate events and expand digital connectivity.
"It is a pleasure to join the Caribbean team. I look forward to working with our partners in the public and private sectors to leverage investment opportunities that can address the most pressing challenges in the Caribbean and mitigate the effects of the Covid-19 pandemic."Ogunsulire said.
As of June 2022, IFC’s committed investment portfolio in the Caribbean totaled $410 million across a wide range of sectors, including Energy, Financial Institutions, Tourism, Telecommunications, and Manufacturing.
Martin Spicer, IFC Regional Director for Latin America and the Caribbean, added that "Ronke brings invaluable experience having recently worked to promote private sector development in West Africa, and will continue to work with the public and private sector in the Caribbean to promote financial inclusion, digitization and climate-smart solutions that can help the region to create jobs, increase resilience to climate events and promote inclusive growth".
Prior to this role, Ogunsulire was Regional Manager for the Ghana Sub-region, overseeing Benin, Burkina Faso, Ghana, Niger and Togo. She worked as IFC’s Managing Advisor and as Chief Investment Officer in the Africa Region. Ogunsulire graduated from Yale University with an MBA in Finance and a Master’s in Environmental Studies. She also has a bachelor’s degree in Chemical Engineering and Engineering Science from Dartmouth College.
She succeeds Judith Green in this position, who will now lead IFC’s operations in the Pacific Islands, Australia and New Zealand.