Merli Margaret Baroudi Joins MIGA as Director of Economics & Sustainability
Appointment will strengthen alignment on risk management and analysis across World Bank Group
WASHINGTON DC, Dec 16, 2016—The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, announced the appointment of Merli Margaret Baroudi as Director of Economics and Sustainability.
Ms. Baroudi, a U.S. national, has been with the World Bank since 2003 as Director and Chief Credit Officer in the Strategy, Finance & Risk Management Vice Presidency, Credit Risk. Prior to joining the Bank, Ms. Baroudi worked with the Intelligence Unit of the Economist Group and JP Morgan Chase & Co.
In her new position, in addition to supporting the Executive Vice President and closely working with other MIGA Management Team members, Ms. Baroudi's three top priorities will be to: i) represent MIGA in World Bank Group-wide Strategic Country Diagnostics & Country Partnership Frameworks; ii) enhance MIGA's sovereign credit and country political risk insurance analysis; and iii) nurture and develop the Economics and Sustainability department team.
Ms. Baroudi holds an MA in Development Economics and International Trade from Columbia University and an MA in Area Studies in the Middle East, with a concentration in Economics.
"Merli will be critical in steering MIGA's contribution to the World Bank Group's goal of mobilizing the private sector for development projects," said Keiko Honda, MIGA's Executive Vice President and CEO. "Her appointment, following a distinguished track record at the IBRD, also speaks highly to staff mobility across our institution."
Photos available on request.
MIGA was created in 1988 as a member of the World Bank Group to promote foreign direct investment in emerging economies by helping mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, and war & civil disturbance; and offering credit enhancement to private investors and lenders. For more information, visit www.miga.org
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