Nairobi, Kenya, July 3, 2023—IFC today announced the appointment of Mary Porter Peschka as its new Regional Director for Eastern Africa. Peschka, who brings more than 30 years of global investment and development expertise to her new role, will drive IFC's strategy across the region to support resilient, inclusive, and sustainable private sector growth and job creation.
As Regional Director, Peschka will be based in Nairobi, Kenya and will lead IFC's strategy for Eastern Africa, overseeing its operations across sectors and offices, and managing key relationships with clients, partners, and governments. Peschka, an American national, most recently served as IFC's Global Director for Sustainability and Gender Solutions based in Washington D.C.
"I welcome Mary to her new role and know her energy and leadership will continue to expand IFC's impact and generate new partnerships in Eastern Africa to meet the needs of the moment, position the region for the future and build a strong foundation for an engaged and inclusive private sector," said Sérgio Pimenta, IFC Vice President for Africa.
Mary holds an MSc in Anthropology & Development from the London School of Economics & Political Science, an MBA from the University of Oxford, and a BA in International Affairs from the George Washington University. During her 19 years at IFC, Peschka has worked across numerous sectors and regions, including in Africa, Latin America, and the Middle East.
"I'm excited to join IFC's team in Africa to continue expanding our work supporting a strong and inclusive private sector that contributes to greener and more sustainable growth in Africa. My focus will be on supporting partners to tackle the multiple crises we are facing today and to leverage the opportunities ahead from digital innovation to regional trade and small business development," said Peschka.
Peschka will oversee IFC's operations in Burundi, the Democratic Republic of Congo, Ethiopia, Kenya, Malawi, Rwanda, Tanzania, Uganda and Zambia.
IFC currently has an investment and advisory portfolio in Eastern Africa of $2.3 billion. IFC's focus in Eastern Africa includes bridging infrastructure gaps in housing and healthcare, improving energy infrastructure, boosting agricultural productivity, supporting small businesses, and helping to drive regional trade and connectivity.
About IFC
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
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