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Management Team - Dimitris Tsistiragos
DIMITRIS TSITSIRAGOS
Vice President, Eastern and Southern Europe, Central Asia, Middle
East and North Africa
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, address infrastructure gaps, increase access to finance, and tackle climate change. Mr. Tsitsiragos is also a member of the Management Team.
Prior to this assignment, Mr. Tsitsiragos was IFC Director, for Middle East, North Africa, and Southern Europe, 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 or e4e 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 program expected to channel over $500 million to smaller businesses in the Middle East and North Africa.
Mr. Tsitsiragos has extensive experience in several sectors including manufacturing, and oil and gas. Prior to joining the Middle East and North Africa region, he was the IFC Director for the Global Manufacturing and Services department, 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 and helping IFC clients increase their international competitiveness.
In addition to his experience in the Middle East and North Africa, Mr. Tsitsiragos 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 Director for South Asia, 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 assignment in South Asia, Mr. Tsitsiragos served as Manager of New Investments for IFC’s Eastern/Central Europe region and Manager of IFC’s Oil & Gas division. In the latter capacity, he was associated with some of IFC’s landmark projects and most profitable investments in the oil sector. Over his career, he has been recognized for his cross-sector experience and strong investment track record, which includes a bevy of projects that had both a significant impact on development and posted impressive returns.
Mr. Tsitsiragos, a Greek national, received the World Bank Group Diversity and Inclusion Award in 2009. He has served on the Board of Directors of both IDFC and Bank of Ceylon.
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