Vienna, Austria, May 10, 2018—IFC, a
member of the World Bank Group, has appointed a new Director for the Europe
and Central Asia region, which comprises 28 countries and a portfolio of
over $10 billion in investment and 89 advisory projects.
Wiebke Schloemer has replaced Tomasz Telma
from May 1, 2018. The former IFC regional infrastructure head, who will
be based in Vienna, will lead a region that includes Turkey, Ukraine, Georgia,
Serbia, Kazakhstan, Poland, Russia, and other countries, and manage a team
of 420 professionals responsible for over $3 billion of new investments
Schloemer has over 20 years of experience
in project and corporate finance, and in private equity across a wide range
of industries, including energy, transport, utilities, telecoms and technology
sectors. Prior to her appointment, she led IFC’s infrastructure investments
across Eastern Europe, the Middle East and North Africa, managing investments
of over $5.5 billion.
“This is a region that has innovated many
new products and initiatives, from energy and resource efficiency advisory
to green bonds, and from the first IFC climate adaptation project to the
IFC cities initiative, helping private companies grow and contribute to
regional economic growth,” she said. “While the results are rewarding,
challenges remain. I see our role in the region as providing private sector
solutions to our client countries’ most pressing needs, like improving
infrastructure, increasing effectiveness of agribusiness, supporting climate-friendly
innovations in manufacturing, and strengthening local capital markets.”
Schloemer joined IFC in 2004 as an investment
officer in the telecoms, media and technology (TMT) group based in Washington,
DC. Her subsequent regional experience includes Europe and Central Asia,
the Middle East and North Africa, and the East Asia and Pacific region.
Prior to joining IFC, Schloemer was employed
at the European Investment Bank in Luxembourg, and DEG, the German Investment
Corporation, working on infrastructure debt and equity transactions in
Africa, Asia and Eastern Europe.
IFC—a sister organization of the World Bank and member of the World Bank
Group—is the largest global development institution focused on the private
sector in emerging markets. We work with more than 2,000 businesses worldwide,
using our capital, expertise, and influence to create markets and opportunities
in the toughest areas of the world. In FY17, we delivered a record $19.3
billion in long-term financing for developing countries, leveraging the
power of the private sector to help end poverty and boost shared prosperity.
For more information, visit www.ifc.org