Usha Rao-Monari – Global Head, Water and Waste, International Finance Corporation

 

Usha Rao-Monari is currently the Global Head of Water & Waste in the Infrastructure and Natural Resources Department of IFC.

Ms. Rao-Monari joined the IFC through the Young Professionals Program in 1990, and has since gained substantial experience in the Infrastructure, Manufacturing and Petrochemicals sectors in several countries and regions of the world.  In 1998, she assumed the position of Regional Manager for Manufacturing and Services for South Asia and Country Head for India, based in IFC’s New Delhi regional office.  Ms. Rao-Monari has been focused on infrastructure investments and finance for the last decade, initially leading IFC’s work in the Utilities and Public-Private Partnerships area, and currently is focusing on urban infrastructure, specifically on water and waste.

“The natural capital of the earth is at risk from a “perfect storm” created by population growth, climate change, urbanization, economic/industrial growth and emerging geopolitics.  If in the last century, global economic growth was shaped by the industrial revolution, the next century will be marked by resource risk and the need to be resource productive.  Recent thinking on the water-food-energy-environment nexus has become a precursor to broader concerns about resources not only being interconnected, but becoming less available over time.  Future growth could cause greater competition for resources, even as technology generates productivity gains and new policies begin to reflect resource realities.  Sustainable or “green” growth is the only solution for our future.  I salute the International Green Awards™ for rewarding best practice in sustainable growth.”

 

Ms. Rao-Monari holds an MBA from the Bajaj School of Management in Bombay, and a Masters in International Economics and Finance from the School of International and Public Affairs at Columbia University.  Prior to joining IFC, she was a Vice President at Prudential-Bache Capital Funding, working both in New York and London.

About the International Finance Corporation


IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector.  We help developing countries achieve sustainable growth by financing private sector investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.  We play a catalytic role by demonstrating the profitability of investments in emerging markets.  IFC was established in 1956, and is owned by 182 member countries, a group that collectively determines our policies.  IFC’s work in more than 100 countries allows companies and financial institutions in emerging markets to create jobs, generate tax revenues, improve corporate governance and environmental performance, and contribute to their local communities.

www.ifc.org

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