Enabling Infrastructure for Economic Transformation and Shared Prosperity
October 9, 2014

Investors are seeking financing opportunities with strong, reliable returns, while countries are seeking investment that will support dynamic growth. Increased investment in infrastructure has the potential to meet both these needs, but a number of barriers hold this back.

This session, co-organized by the World Bank Group and the UK Department for International Development, will address so-called ‘demand-side’ barriers, such as a lack of ‘investment-ready’ projects on the market, or risks around regulation, law and political stability that discourage investors and result in sub-optimal investment. It will bring parties with different perspectives together in a constructive debate to identify the actions needed to move the sector forward, and will give the different actors the opportunity to set out their vision of how the sector needs to change. 


David Kennedy, Director General Economic Development, Department for International Development, United Kingdom


Diana Noble, Chief Executive Officer, CDC Group
Nasser A. Malik, Managing Director Head of Global Structured Debt Capital Markets Origination, Citi
Tumisang Moleke, Head, Public Private Partnership Unit, National Treasury, South Africa
Magdalene Apenteng, Director and Chief Economics Officer, Public Investment Division, Ministry of Finance, Ghana

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    Moderator: David Kennedy

    Director General for Economic Development, Department for International Development
    David Kennedy was appointed as the UK Department for International Development’s first Director General for Economic Development in June this year. He has worked on development finance, strategy and investment at the World Bank and the European Bank for Reconstruction and Development, he was most recently Chief Executive of the Committee on Climate Change, an independent advisory body to the UK Government and Devolved Administrations. He has a PhD in economics from the London School of Economics.
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    Diana Noble

    CEO, CDC Group
    Diana's background is in private equity, venture capital and international development. She was a partner at Schroder Ventures (now Permira) for 12 years, founder CEO of e-Ventures and founder Managing Director of Reed Elsevier Ventures. She joined CDC after 5 years with the Clinton Foundation's Health Access Initiative, where she took a number of roles, including EVP Operations, responsible for 43 countries and 5 global teams and oversaw the scale-up of a global program to give children equal access to HIV/AIDS care and treatment to that available to adults. Diana has a first class Law degree and completed the Advanced Management Program at Harvard Business School.
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    Nasser A. Malik

    Managing Director Head of Global Structured Debt Capital Markets Origination, Citi
    Nasser Malik currently heads a number of different structured finance teams within Citi that span global project and infrastructure finance, financing for transportation assets, as well as structured tax-efficient borrowings and investments. Additionally, he is responsible for the U.S. debt Private Placement business.
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    Magdalene Apenteng

    Chief Economics Officer and Director of Public Investment in the Ministry of Finance and Economic Planning, Ghana
    Mrs Apenteng provides overall strategic guidance to national investment and project development for efficiency in public investment decisions, including the implementation of public private partnerships initiative for Ghana. She was a member of a Technical Team that drafted the National Policy on PPPs and provides overall supervision and guidance to the World Bank funded Ghana PPP Project which is ongoing and aims to improve the legislative, institutional, financial, fiduciary and technical framework to generate a pipeline of bankable PPP projects.
Event Details
  • Location: 1818 H Street, NW Washington, DC 20433
  • Room: JB1-080
  • Time: 3:30-5:00pm
  • CONTACT: Anne Davis Gillet