Director, Direct Equity Department

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group (WBG) and was established to promote private sector investment in developing countries. With a mission to end extreme poverty and promote shared prosperity, IFC operates in over 145 countries and has more than 182 offices worldwide. The organization focuses on creating jobs and improving lives through partnerships with governments, private sector entities, and development partners. In fiscal year 2026, IFC committed a record $105.6 billion to private companies and financial institutions in developing countries, showcasing its significant impact on global development challenges.

Job Overview:
The Director of the Direct Equity Department at IFC will be responsible for leading the global direct equity investment business. This role involves providing strategic and operational leadership, implementing and evolving IFC's direct equity strategy, and ensuring high standards of investment quality and development impact. The Director will work closely with regional investment teams and various corporate functions to strengthen investment quality and mobilize private capital. The position requires a strong focus on portfolio management, value creation, and collaboration with diverse teams to achieve IFC's 2030 priorities.

Duties and Responsibilities:
The Director will lead the implementation of IFC's global direct equity strategy, ensuring alignment with development goals and financial sustainability. Responsibilities include providing technical leadership for direct equity investing, supporting regional teams in executing complex investments, and advancing private capital mobilization strategies. The Director will oversee the direct equity portfolio, ensuring performance and governance standards are met, and will guide portfolio optimization and exit strategies. Additionally, the role involves managing financial and talent resources, fostering a collaborative culture, and building a strong community of direct equity professionals across the organization.

Required Qualifications:
Candidates must possess a Master's degree or equivalent in finance, economics, business administration, or a related field, along with at least 15 years of relevant professional experience in direct equity investing or related fields. A demonstrated track record of managing complex direct equity investments, particularly in emerging markets, is essential. Candidates should have deep expertise in the equity investment lifecycle, strong commercial judgment, and the ability to shape and implement investment strategies across various sectors and regions. Proven experience in mobilizing private capital and building relationships with stakeholders is also required.

Educational Background:
A Master's degree or equivalent in finance, economics, business administration, or a related field is required for this position. This educational background is crucial for understanding the complexities of direct equity investing and the financial markets.

Experience:
The position requires at least 15 years of relevant professional experience in direct equity investing, investment banking, corporate finance, asset management, or development finance. Candidates should have substantial experience in originating, structuring, executing, and managing complex direct equity investments, particularly in emerging markets, demonstrating a strong record of financial performance and development impact.

Languages:
The mandatory language for this position is English. Proficiency in additional languages may be considered a plus, enhancing communication with diverse stakeholders and partners.

Additional Notes:
This is an open-ended staff position with international recruitment. The role is based in Washington, DC, and offers a comprehensive benefits package, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The World Bank Group is committed to diversity and inclusion, ensuring equal opportunity for all candidates regardless of gender, race, ethnicity, sexual orientation, or disability.