ECONOMYNEXT – Washington-based International Finance Corporation, said Lisa Kaestner has been appointed country manager for Sri Lanka and the Maldives.
She replaces Amena Arif, who has moved to East Africa.
A US national, Kaestner had joined IFC in 1999 as the resident representative in Georgia, after working with several non-profit development organizations in the Caucasus region. With over 20 years of experience with the World Bank Group,
Kaestner had led IFC’s advisory services in Eastern and Southern Africa and has 20-years experience in the World Bank group, of which the agency
Kaestner holds a Master’s degree in Public Policy and Economics from Princeton University.
“Sri Lanka and Maldives have demonstrated their resilience against multiple headwinds over the years,” Kaestner said.
“Both countries have immense potential—especially in terms of human capital. I look forward to continuing and deepening IFC’s strong partnership with the private sector and the governments of Sri Lanka and Maldives…”
IFC has invested 1.9 billion US dollars in Sri Lanka over the past 50 years. Since 1983, the IFC has invested 200 million US dollars in the Maldives. (Colombo/Mar01/2022)