DIMITRIS TSITSIRAGOS Vice President, Europe, Central Asia, Middle East & North Africa
Mr. Dimitris Tsitsiragos leads IFC’s investments and advisory services across 52 countries with over 800 staff, and oversees an integrated strategy that aims to create jobs, plug infrastructure gaps, increase access to finance, and tackle climate change.
Before taking on his role as Vice President, Mr. Tsitsiragos was the Director of the Middle East, North Africa and Southern Europe department in IFC, where he developed a strategy to support the region’s private sector in the wake of the Arab Spring. During his tenure, he oversaw several important initiatives, including the education for employment (e4e) in the Arab World program, which brings together public and private providers of education and private companies to improve the quality of education in the region. Mr. Tsitsiragos also helped launch the Arab Financing Facility for Infrastructure, which supports much-needed infrastructure projects and kick-started a facility expected to channel over $500 million to smaller businesses in the Middle East and North Africa region.
Mr. Tsitsiragos has extensive experience in several sectors including manufacturing and oil & gas. Prior to joining the Middle East and North Africa region, he directed the Global Manufacturing and Services (GMS) department of IFC which was responsible for IFC’s activities in the areas of tourism, retail and property development; construction materials; the forest products chain; life sciences; and energy-efficient machinery. During his time with GMS, Mr. Tsitsiragos refined the strategic focus of the department, emphasizing IFC’s global expertise in select sectors, thus helping IFC clients to increase their international competitiveness.
In addition to his experience in the Middle East and North Africa, Mr. Tsitsiragos has worked in South Asia, and Central and Eastern Europe, where he held several leadership positions. He spent two years based in New Delhi as IFC’s Director of the South Asia department, where he doubled commitments for the region in all sectors; doubled IFC’s portfolio in India; and significantly improved regional profitability as a result of decreased non-performing assets and the successful execution of an equity divestiture strategy.
Before his South Asia assignment, Mr. Tsitsiragos served as Manager of New Investments for IFC’s Eastern/Central Europe region and Manager of IFC’s Oil & Gas division.
Mr. Tsitsiragos, a Greek national, received the World Bank Group Diversity and Inclusion Award in 2009. He has served on the Board of Directors for both IDFC and Commercial Bank of Ceylon.