Zimbabwean Female Appointed Appointed IFC Regional Director

The World Bank Group has appointed  a Zimbabwean national ,Mary-Jean Moyo, as the new International Finance Corporation (IFC) Division Director for Tanzania, Burundi, the Democratic Republic of Congo (DRC), Malawi, Zambia and Zimbabwe.

Moyo, assumed the position on September 1, 2026.

Before  her appointment, Moyo served as Chief of Staff to the IFC Managing Director.

She previously served as IFC Regional Industry Director for Manufacturing, Agribusiness and Services in the Middle East and Africa, where she supported the delivery of business and development impact targets, with a focus on financial sustainability and scaling up investments in countries eligible for support from the International Development Association (IDA) and fragile and conflict-affected situations.

She is   bringing extensive experience in development finance, private sector investment, commercial banking and institutional leadership across Africa, Latin America and the Caribbean, and the Middle East.

Moyo  will be based in Dar es Salaam, where she will oversee IFC’s engagement across the six countries, with a focus on mobilising private sector investment and supporting businesses to create more and better jobs.

Before joining IFC, Ms Moyo worked in commercial banking in Zimbabwe, at the Bank of Botswana and in pan-African private equity funds, where she served as vice-president for financial institutions.

Her new portfolio includes Zimbabwe at a particularly important stage in the country’s efforts to attract foreign investment and expand private-sector activity.

IFC has been supporting Zimbabwe’s investment policy reform agenda through technical assistance to the Zimbabwe Investment and Development Agency (ZIDA), including work aimed at strengthening investor services, investment promotion and the generation of investment pipelines in sectors with growth potential.

The corporation’s involvement comes as Zimbabwe seeks to implement reforms aimed at improving the investment climate and supporting the country’s ambition of attaining upper-middle-income status by 2030.

Globally, IFC is focused on mobilising private capital and supporting businesses and financial institutions in emerging markets. In the 2025 financial year, the institution committed a record US$71,7 billion to private companies and financial institutions in developing countries.

Source:The Herald