WASHINGTON, D.C., July 13, 1998 --- Mr. Mohsen
Khalil has been appointed Director of the Central Asia, Middle East, and
North Africa department of IFC. Mr. Khosrow Zamani has been named Associate
Mr. Khalil, a dual U.S. and Lebanese national, joined the World Bank’s
Industry department in 1986. In 1988, he moved to the Africa Technical
department and a year later he transferred to IFC as a senior investment
officer in the Europe and Middle East department. In 1992, he took up duties
in the Corporation’s new Telecommunications division of the Infrastructure
department. He was named chief investment officer of IFC’s Telecommunications,
Transportation, and Utilities department in 1997.
Before joining the World Bank Group, Mr. Khalil served as chief advisor
to the Lebanese Minister of Post and Telecommunications, was a director
of Lebanon’s Autonomous Fund for Housing, and advised various governments
and major corporations in the region. Mr. Khalil has taught business at
the American University in Beirut and worked with McKinsey & Co. Management
Consultants, NASA Goddard Space Flight Center, and MITRE Corporation. Mr.
Khalil holds an M.Sc. in management from MIT Sloan School of Management
and a Ph.D. in electrical engineering from the University of Southern California,
among other degrees.
Mr. Zamani, who is Iranian, joined the World Bank’s Industrial Projects
department in 1980. In 1986, he transferred to IFC as senior investment
officer in the Europe and Middle East department. In 1992, after a year
away to pursue private business interests, he was promoted to principal
investment officer and was assigned later that year to be IFC’s resident
representative in Turkey. He returned to Washington in 1994 as chief investment
officer for Russia. In 1996, he became a manager in the Europe department.
Mr. Zamani joined the World Bank Group after serving as managing director
of the National Iranian Investment Company (1979), and deputy managing
director of the Industrial Credit Bank of Iran (1973-1978). He has also
held teaching positions at the Teheran University of Technology. He has
an M.Sc. in engineering from the Case Institute of Technology and an MBA
from Warwick University.
Mr. Andre Hovaguimian, who was IFC’s director for the region, has left
IFC to join the private sector.
IFC, part of the World Bank Group, fosters economic growth in the developing
world by financing private sector investments, mobilizing capital in the
international financial markets and providing technical assistance and
advice to governments and businesses.
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