International Finance Corporation
Momina Aijazuddin is IFC’s Head of Microfinance/ Financial Inclusion 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 US$6 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 Forum (which IFC manages for the GPFI/ G20), institutional transformation and capacity building – to better enable financial sector providers 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 in the digital finance, microfinance and fintech space committed to achieving the World Bank Group’s Universal Financial Access by 2020. She was also a core member of the drafting team for the G20 Digital Financial Inclusion Principles. She also manages the IFC Boulder strategic partnership and hosts the training for Boulder- IFC Strategic Leadership in Microfinance which has trained almost 200 leaders in the financial inclusion space.
Momina brings over two decades of investment transaction experience in financial services, microfinance and manufacturing sectors in over 60 countries across Africa, Asia, Eastern Europe, MENA and LAC regions. Her technical expertise includes setting up greenfield MFIs in MENA and Asia, transforming institutions to become regulated banks and engaging with policymakers and industry players. She has spent the last four years heavily engaged with IFC’s financial inclusion efforts in China; including with leading banks and MFIs in digital transformation and fintech 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 and on the Advisory Committee of Microvest. 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. She is based in Washington DC with her husband and two children.