As Vice President and Treasurer of IFC. a member of the World Bank Group and the largest global development institution focused on the private sector, John F. Gandolfo leads a global team responsible for managing IFC’s financial position, safeguarding its international triple-A rating and maintaining its standing as a premier issuer in the global capital markets.
He leads IFC’s Treasury and Syndications’ global team in delivering on IFC’s strategy to create markets and mobilize private capital for development. The team manages over s100 billion of liquid assets, global market borrowings, and derivatives transactions and is responsible for strengthening local currency financing by arranging and executing local currency and risk management transactions for clients and raising third-party capital through innovative syndication and mobilization platforms such as the Managed Co-Lending Portfolio Program (MCPP).
Prior to ta king the raie of IFC Treasurer, Gandolfo was Director and Chief lnvestment Officer of the Pension and Endowments Department at the World Bank. His team managed $27 billion of World Bank Group pension and other retirement-benefit portfolios invested across a range of asset classes and strategies.
Over a highly successful career spanning more than 30 years in the World Bank Group, Gandolfo acquired broad experience in financial markets and treasury operations. He was Director of the Quantitative Strategies, Risk and Analytics Department, where he was responsible for the development of strategic and tactical asset allocations, risk management, and financial modeling for the asset management, capital markets, and banking businesses. Before that, he was the Director of the Investment Management Department. He began his career in IFC’s Financial Management and Planning Department.
Gandolfo, a U.S. citizen, holds a BA from the University of Pennsylvania and an MBA from the George Washington University.