Joins Agency as It Just Concluded Fiscal Year with Record High Issuance
View the press release in Japanese
WASHINGTON, July 15, 2013 – Keiko Honda today joined the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, as its Executive Vice President. Honda, a Japanese national, is the Agency’s sixth head in its 25-year history. She joins MIGA from McKinsey & Company where she was a Director and the company’s first woman senior partner in Asia.
Honda has extensive experience within global organizations—both private and public sector—where she gained a reputation as a leader in banking, corporate finance, and private equity. Honda has also served on a number of Japanese government committees including the Council of Regulatory Reform for Prime Minister Koizumi and several earlier administrations. She was the Vice Chair of the Committee on the Promotion of Economic Partnership Agreements and Free Trade Agreements at Keizai Doyukai (the Japan Association of Corporate Executives), and was also a board member of the Japanese Foundation for Cancer Research.
“I am very pleased to join MIGA and welcome this opportunity as the Agency strengthens its role with another record year in supporting investments into those countries that need it the most,” said Honda. “My top priority will be to carry on this significant work that helps end poverty, improve lives, and boost shared prosperity.”
As MIGA celebrates its 25th anniversary, the Agency has positioned itself well to respond to the global investment environment, including a stronger global presence and internal reforms. For the fiscal year end-ing June 30, 2013, the Agency issued a record high of $2.8 billion in new investment guarantees insuring projects that will support economic growth and poverty reduction. Many of the projects will be transformational for the host countries.
MULTILATERAL INVESTMENT GUARANTEE AGENCY
A Member of the World Bank Group
1818 H Street, NW, Washington, DC 20433
Mallory Saleson, MIGA
Tel: +1 202 473-0844
Rebecca Post, MIGA
Tel: +1 202-473-1964
Cara Santos Pianesi