Rashad Kaldany is IFC’s Vice President for Global Industries. He leads a team that leverages IFC’s global expertise—across all industries—to tackle some of the world’s major development challenges. He served as IFC’s Executive Vice President and CEO from July 1 to September 30, 2012, during a leadership transition period.
Kaldany has played a critical role in strengthening IFC’s effectiveness and expanding its development impact, working in every region of the world. He has served on IFC’s Management Team since 2008—in positions that represent the breadth and depth of IFC’s global and local expertise. As a member of the Management Team, he has overseen IFC’s activities in East Asia and the Pacific, South Asia, the Middle East and North Africa, and Eastern Europe.
Prior to becoming a Vice President, Kaldany led IFC's infrastructure department between March 2007 and June 2008. During this period, IFC's activities in infrastructure development more than doubled. As Director of the Oil, Gas, and Chemicals Department before that, he oversaw the multi-stakeholder extractive industries consultation process, which reinvigorated the mandate for World Bank Group activities in these sectors, with a focus on community development. He also led the Bank Group's participation in launching the Extractive Industries Transparency Initiative and the Global Gas Flaring Reduction Partnership.
Born in Egypt to a Syrian family, Mr. Kaldany is currently a U.S. national. He holds a Ph.D. in biochemistry from Columbia University and an MBA from Stanford University.