IFC Appoints Vikram Kumar as Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific

IFC Appoints Indian National Vikram Kumar as Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific

Singapore, Jul 1 (PTI) – The International Finance Corporation (IFC) has announced the appointment of Indian national Vikram Kumar as its Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific. Kumar, who brings over 20 years of global investment and development expertise, will be based in Singapore and will begin his new role on July 1.

In his new position, Kumar will lead IFC’s Infrastructure and Natural Resources investment team across Asia and the Pacific to develop and implement essential infrastructure projects in sectors such as power, water, telecom, and transport. This move aims to connect more people and businesses in the region to sustainable infrastructure, expanding the reach of essential services.

Riccardo Puliti, IFC’s Regional Vice President for Asia and the Pacific, expressed confidence in Kumar’s ability to drive IFC’s strategy and grow its business and impact in the region. Kumar has previously served as IFC’s Global Transport Manager in Washington, where he tripled investments in the transport sector in the 2023 financial year.

“This is a crucial time for Asia and the Pacific to expand access to clean energy, boost digital connectivity, and make cities more inclusive and resilient as urbanization continues,” said Kumar. He holds a Bachelor’s degree in Civil Engineering from the Indian Institute of Technology (IIT) and a Master’s degree in Management with specialization in Operations and Finance from the Indian Institute of Management (IIM).

IFC currently has an investment portfolio of USD 3.1 billion across infrastructure and natural resources in Asia and the Pacific, with a focus on renewable energy, digital infrastructure, and transportation. Kumar’s appointment is expected to further strengthen IFC’s presence in the region and drive sustainable development initiatives.

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