𝐖𝐎𝐑𝐋𝐃 𝐁𝐀𝐍𝐊 𝐆𝐑𝐎𝐔𝐏 𝐀𝐏𝐏𝐎𝐈𝐍𝐓𝐒 𝐃𝐈𝐕𝐈𝐒𝐈𝐎𝐍 𝐃𝐈𝐑𝐄𝐂𝐓𝐎𝐑 𝐅𝐎𝐑 𝐈𝐅𝐂

DAR ES SALAAM, Tanzania, September 16, 2026 — The World Bank Group has appointed Mary-Jean Moyo as the new International Finance Corporation (IFC) Division Director for Tanzania, Burundi, the Democratic Republic of Congo, Malawi, Zambia and Zimbabwe, effective September 1, 2026.

 

Moyo, a Zimbabwean national, brings extensive experience in development finance, private sector investment, commercial banking and institutional leadership across Africa, Latin America and the Caribbean, and the Middle East.

 

She most recently served as Chief of Staff to the Managing Director of IFC. Before that, she was IFC’s Regional Industry Director for Manufacturing, Agribusiness and Services in the Middle East and Africa, where she supported the delivery of key 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 and in fragile and conflict-affected situations.

 

Previously, Moyo served as IFC’s Regional Head of Industry for Manufacturing, Agribusiness and Services in Latin America and the Caribbean, leading business development, investment execution and portfolio management.

 

Moyo is based in Dar es Salaam, Tanzania, where she is overseeing IFC’s engagement across the six countries, helping to advance an integrated approach to mobilizing private sector investment and supporting businesses to create more and better jobs in the region for sustainable and inclusive growth.

 

Her appointment reinforces the World Bank Group's commitment to working as one institution to support country priorities. By combining public-sector policy and investment support with IFC's private sector expertise, financing, and advisory services, the World Bank Group aims to help create the conditions for sustainable, inclusive, and private-sector-led growth while advancing its jobs agenda and mission to end poverty on a livable planet.

 

“Across East Africa, there is significant opportunity to unlock private investment, strengthen businesses, and create more and better jobs,” said Moyo. “I am delighted to return to the region and to be based in Dar es Salaam as we deepen our partnerships with governments, the private sector, and development partners. Together, we can help mobilize capital, support entrepreneurship and innovation, and drive inclusive and sustainable growth that delivers tangible benefits for people across the region.”

 

Before joining IFC, she worked with commercial banks in Zimbabwe, the central bank in Botswana, and pan-African private equity funds, where she served as Vice President for Financial Institutions. She holds a master’s degree in Banking and Finance from the University of Wales and a bachelor’s degree in Economic History from the University of Zimbabwe.

 

About IFC

 

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2026, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.