Breaking News

Amena Arif

Veteran Pakistani Banker Amena Arif Appointed IFC Country Manager for the Philippines

Islamabad, March 15, 2025 – The Europe Today: The International Finance Corporation (IFC), the private sector financing arm of the World Bank Group, has appointed Amena Arif, a seasoned Pakistani banker, as its new Country Manager for the Philippines.

Arif succeeds Jean-Marc Arbogast, who has taken on a new role as World Bank Group Country Manager in Chile. As the new IFC Country Manager, Arif will focus on mobilizing private sector investments to support job creation, mitigate the impacts of climate change, and promote financial inclusion.

Arif joined IFC in 2012 after building an extensive career in international commercial banking. She has successfully led debt and equity investment transactions while collaborating with financial institutions in Pakistan, Afghanistan, and Lebanon. Her most recent assignment was as Country Manager for East Africa, based in Nairobi. Prior to that, she served as Country Manager for Sri Lanka and Maldives in South Asia.

Expressing her enthusiasm, Arif stated,

“IFC is committed to working together with our partners in the Philippines to unlock funding that will help create jobs, support companies to mitigate the impacts of climate change, open doors for small businesses to grow, and make sure digital services are available to everyone. I am excited to be back in Asia and look forward to working closely with our public and private sector partners towards sustainable and inclusive growth.”

Arif holds an MBA from the Lahore University of Management Sciences in Pakistan.

The International Finance Corporation (IFC) is the largest global development institution focusing on the private sector in emerging markets, working to create opportunities and foster economic growth.