Akinchan (Aki) Jain is Manager and Head of Asset and Liability Operations at the World Bank Treasury. In this role, Aki leads a global team responsible for a range of middle and back office functions (booking, settlement, documentation, cash management, corporate actions, portfolio servicing, and collateral management) for a fixed income and derivatives portfolio. This includes approx. $250bn in outstanding debt issuance and $650bn in derivatives for the World Bank, and $185 billion in AUM for the World Bank and 69 client entities including central banks and official institutions. As part of his responsibilities, Aki manages relationships with clients, market counter parts, custodians, paying agents, and technology vendors.
Previously, as Senior Financial Officer in the Structured Finance team at the World Bank Treasury, Aki played a key role in managing the $60 billion funding and derivatives program for the World Bank’s IBRD and IDA entities. He was responsible for designing and structuring customized and innovative capital markets solutions to support the needs of the World Bank's investors and clients. Aki has worked on several landmark transactions and initiatives, including the World Bank’s first catastrophe bond, the first global pandemic bond, the first bond linked to the achievement of the Sustainable development Goals, a social impact bond to incentivize the reduction of carbon emissions, and a guarantees and blended finance facility to help countries affected by the refugee crisis. In previous roles, Aki led the middle and back office teams supporting the capital markets business. Aki’s areas of interest include fintech, blockchain and distributed ledger technology, SRI finance, climate finance, social impact bonds, and insurance-linked securities.
Aki holds a bachelor’s degree in economics from SRCC in Delhi University and an MBA in Finance from American University.