Momina Aijazuddin is IFC’s Global Head of Microfinance and works also as Principal Investment Officer in IFC’s Financial Institution Group (FIG).
She covers IFC’s microfinance investment and advisory activities globally, which exceeds cumulative investments of US6 billion worldwide with over 300 MFIs, in addition to advisory services worth $63.7 million in 68 projects across 30 countries. This includes oversight of the work in Responsible finance, Microfinance risk management and product development – to better enable MFIs and Banks to provide diverse and reliable products and services to suit their clients’ needs. She is leading IFC’s efforts to scale up private sector commitments with strategic partners committed to achieving the World Bank Group’s Universal Financial Access goal of reaching 1 billion unbanked 2020 which includes a coalition of over 30 partners committed to financial inclusion. Momina brings two decades of investment transaction experience in financial services, microfinance and manufacturing sectors in over 40 countries across Africa, Asia, Eastern Europe, MENA and LAC regions. Her technical expertise includes setting up greenfield MFIs in MENA and Asia, transforming MFIs to become regulated banks and engaging with policymakers and industry players. Momina currently serves on the Supervisory Board of the Microfinance Initiative for Asia (MIFA), a US$175 million debt fund, launched by IFC and KFW and managed by Blue Orchard. Her experience prior to joining IFC includes work in the banking sector. Momina holds a Master’s degree in Economics with Distinction from the London School of Economics.