International Finance Corporation
IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.
In partnership with private investors, IFC provides loan and equity finance for business ventures in developing countries and helps expand their economies and create jobs.
IFC plays a catalytic role by demonstrating the profitability of investments in emerging markets.
In all of its investments and advisory projects, IFC never loses sight of its ultimate goal: to improve lives and raise the living standards of those in developing countries who most need the benefits of economic growth.
As a member of the World Bank Group, IFC coordinates its activities with the International Bank for Reconstruction and Development, the International Development Association, and the Multilateral Investment Guarantee Agency, but it is legally and financially independent. Its 179 member countries provide its share capital and collectively determine its policies.
As IFC Executive Vice President and CEO, Lars Thunell leads the Corporation's strategy. Corporate governance is vested in IFCs Board of Governors, which delegates many of its powers to a Board of Directors.