IFC Appoints Randall Riopelle as Country Manager for Mongolia

Economy
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2017-12-01 17:13:22
Ulaanbaatar /MONTSAME/ On December 1, International Finance Corporation (IFC), a member of the World Bank Group, appointed Randall Riopelle as Country Manager for Mongolia, China and Korea. Effective today, Riopelle will be responsible for coordinating the investment and advisory programs as well as managing relationships with governments and development partners in the three countries. He will be based in Beijing.
 
Prior to the appointment, Riopelle was Senior Manager for Debt Portfolio in IFC’s Corporate Portfolio Management Department in Washington D.C.
 
“IFC has a strong track record in fostering successful partnerships that support sustainable and inclusive growth in China, Korea and Mongolia,” said Riopelle. “I look forward to returning to the region and working to position IFC as the partner of choice for high-impact projects in the countries, and beyond.”
 
As of June 2017, IFC's committed investment portfolio in China and Mongolia stood at around $4 billion across key sectors such as agribusiness, microfinance, cleantech, infrastructure, healthcare and education. In Korea, IFC is helping financial institutions and companies to expand in emerging markets.
 
Riopelle, a U.S. national, holds an Undergraduate Degree in finance from The Wharton School at the University of Pennsylvania as well as a JD/MBA from Georgetown University.
 
 
Source: International Finance Corporation