Mr. Hany A. Assaad
Program Manager, CESGE
IFC/Global Environment Facility SME Program
International Finance Corporation
F 3K-250
Washington, DC

Hany Assaad is the Program Manager of the IFC/Global Environment Facility Small and Medium Scale Enterprise Program, a US$20 million IFC-managed facility under the Environment and Social Development Department, funded by the Global Environment Facility, to finance and support intermediaries targeting SMEs whose activities contribute to the protection and the improvement of the global environment. For the two years prior to his appointment in August 2002 to his current position, he was the head of a newly established unit, the Micro, Rural and Small Business Financial Services and E-Finance, in IFC’s Global Financial Markets Group, leading the effort to provide a strategic focus on scaling-up IFC’s investments in financial institutions serving micro, rural and small businesses.

Mr. Assaad joined the World Bank Group in 1986, initially working on energy efficiency projects in the Middle East and Africa. He joined IFC in 1987 as an investment officer and over the next nine years held various investment positions covering a number of regions including North and West Africa, the Middle East, and Eastern and Central Europe. In 1996, he was appointed Head, Environment Projects Unit, Technical and Environment Department, a newly created unit set-up to develop innovative environmental projects in developing countries, and to assist the private sector in addressing environmental issues. In October 1996, Hany assumed responsibilities as Assistant to the President of the World Bank Group, a position he held until October 1997. He subsequently rejoined IFC as Division Manager for Financial Markets, South and Southeast Asia Department, leading the financial markets investment operations in eight countries. Before joining the World Bank Group, Hany held a senior position at Environmental Quality International, a large private Egyptian consulting firm with a particular focus on environmentally sustainable investments in the Middle East.

Hany is the IFC director on three board of directors, IPDC in Bangladesh, and two private equity funds targeting microfinance institutions: ProFund focusing on Latin America and AfriCap focusing on Africa. He is an alternate member of the Investment Committee of the Consultative Group to Assist the Poor (CGAP), a consortium of 29 bilateral and multilateral donor agencies, which support microfinance.

From 1983 to 1986, Hany was a senior member of Environmental Quality International, a large private Egyptian consulting firm that provides management consulting and project finance advisory services with a particular focus on environmentally sustainable investments throughout Egypt and other countries in the Middle East.