IFC To Focus On Covid And Climate Finance To Help SA's Post-Covid Economic Recovery Efforts

Appoints Hector Gomez Ang as Regional Director for South Asia

The International Finance Corporation (IFC) has appointed Hector Gomez Ang as Regional Director for South Asia.

Based in New Delhi, he will play a critical role in boosting IFC’s investments in the region, as it looks to recover from the severe impacts of COVID-19.

In taking on the new role, Ang said the private sector had an essential role in South Asia’s recovery from COVID19, easing the burden on constrained public finances and reducing the rising levels of poverty, due to the pandemic.

“The pandemic has left a scar on countries throughout the region, exacting a huge human toll of which we must remain mindful. We must also accept that we may have to live with the lingering impacts of COVID-19 for some time to come and so it’s all the more imperative to continue to work together to support jobs and economic growth,” Ang said.

“That also means we must do what’s need to ensure private sector investments can flow to where it’s needed and in industries we know can support economic activity.”