Jason Zhengrong Lu
Jason Z. Lu joined the GIF as Lead Infrastructure Finance Specialist after ten years of working at the Multilateral Investment Guarantee Agency (MIGA) of The World Bank Group. While at MIGA, Jason worked on a broad range of complex energy and infrastructure projects worldwide. He has built expertise in managing and closing complex projects and advising clients on infrastructure financing, risk mitigation and credit enhancement to support their investment and financing needs in emerging markets and developing economies. Jason started his banking career with Bank of America in its Global Project Finance Group in 1996 where he was responsible for transaction structuring and execution. He also worked at ABB Energy Capital with responsibilities for renewable energy financing in the United States and State Street Bank and Trust Company in credit and portfolio management. Jason holds graduate degrees from Yale University (MBA), Central European University (Prague), and China’s Peking University.
Towfiqua S. Hoque
Senior Infrastructure Finance Specialist
Senior Infrastructure Finance Specialist
Michael joined the World Bank from the African Development Bank (AfDB) where over an 8 year period, he held several positions/titles in the Infrastructure Complex with the latest being as a PPP Advisor within the Renewable Energy Department working on project development and transaction structuring for small to medium scale RE projects across several technologies including biomass, WTE, mini-hydros, and Solar. His other role in AfDB was as in the Transport Department where he was a TTL for public sector financed projects/programmes. Prior to the AfDB, Michael worked in engineering consultancy in the UK focusing on the transport/highways sector where he advised clients including the Highways Agency on the PFI Roads Programme, PFI SPVs/JVs, Transport for London (TfL), the Olympic Delivery Authority (ODA), Private Developers and municipal/county councils. Michael is a national of Ghana where he completed his undergrad studies with a BSc in Civil Engineering. He has an MSc Transport Engineering & Planning (University of Salford, UK) and MSc Infrastructure/Construction Economics (University College London/UCL, UK) and in the process of concluding an MBA at Imperial College London.
Senior Infrastructure Finance Specialist
A banker by profession with more than two decades of leadership in international development and emerging markets sustainable infrastructure investment, Lori joined the Global Infrastructure Facility in September 2018. Prior to the GIF, Lori was a Senior Director at Climate Finance Advisors, BLLC where she worked with private developers, investors and financiers, as well as governments and development finance institutions on low-carbon, climate-resilient investment strategies and designed blended finance solutions through programmatic approaches (e.g. facilities, funds) and project-level investments. Previously, Lori held a variety of senior positions at the Inter-American Development Bank Group, including management and senior officer roles. She was private sector focal point for the Climate Investment Funds and the Global Environment Facility, and in addition to serving as investment committee chair of a US$250 million donor-backed blended climate finance fund, Lori chaired the portfolio supervision committee overseeing loan and equity portfolios, and was a member of the credit committee reviewing risk/return of proposed loans and investments. As a senior advisor to the VP of Private Sector Operations, she led a variety of strategic initiatives aimed to support the expansion and development impact of the IDB Group’s private sector activities. Previously, as a senior investment officer, Lori led the origination, analysis, structuring, negotiation, and execution of limited and non-recourse project finance, corporate finance and guarantee transactions in sustainable infrastructure and clean energy throughout Latin America and the Caribbean. Lori holds an International MBA in Finance and Economics from the Schulich School of Business at York University in Canada.
Susumu joined the GIF team in 2019 as an Infrastructure Specialist with more than nine years of direct hands-on involvement in infrastructure development in both the public and private sector. Prior to joining the GIF, Susumu spent seven years working for the global infrastructure development team at Mitsubishi Corporation, one of the largest Japanese investment firms, leading multiple PPP green-field infrastructure developments and M&A (Mergers and Acquisition) transactions mainly in Asia and Latin America. During this period, he also handled the operation and maintenance of 1,000MW class energy projects to enhance asset value over the long term. Subsequent to this, Susumu worked at UN agencies, managing several renewable energy projects in Asia, Latin America as well as Sub Saharan Africa to formulate PPP structure for the off-grid model to attract private capital in the region.
João Reye Sabino
João joined the World Bank Group in Brazil in June 2011. He started working at IFC in the manufacturing, agribusiness and services department on the investment side. He then moved to IFC transaction advisory services in 2013, where he contributed to developing and structuring infrastructure projects in various sectors including: transport (airports and roads), energy (distribution and public street lighting), education and forestry. Prior to the joining the WBG, João worked in a think-tank, structuring a local development fund and analyzing income generation in the Amazon rainforest area. João speaks Portuguese, English, Spanish and French. He holds a Bachelor in Public Management and an MBA in Finance.
Rui joined the Global Infrastructure Facility in May 2017 as an Operations Analyst. Rui has been working in the World Bank for over 20 years and held various positions including most recently supporting the Climate Investment Fund (CIF) on its budget formulation and monitoring, funds management and financial reporting. Prior to that, Rui was responsible for the resource management of the Poverty GP and South Asia Region. She also worked in the World Bank’s Beijing office to provide project support to the energy team. Rui holds an MBA from the University of Maryland University College.
Giulia, an Italian national, started her career working in lobbying and public affairs in London and Brussels, first with the Confederation of British Industries and then with an agency, focusing on clients in the energy sector. She then joined Booz Allen Hamilton to work on the development of utility-scale renewable energy projects for the US federal government. She has also collaborated with an Italian consulting firm to write a report on Turkey’s renewables and power sector, and has worked on policy analysis at the EU Delegation to the USA and at the Italian Senate. Prior to GIF, Giulia spent two years in the World Bank with PPIAF, supporting the management of the Global Knowledge portfolio and implementing PPIAF’s Knowledge strategy. Giulia holds a Masters of Arts in International Economics, Energy, Resources and Environment from The Johns Hopkins School of Advanced International Studies (SAIS), and a Bachelor of Science in Politics and Economics from the University of Bath.
Mitty Steele is a strategic communications professional with extensive experience in developing communications strategies focused on stakeholder relations, strategic positioning, targeted outreach, engagement, campaigns, raising awareness, and strategic content development. She has worked for the World Bank’s External & Corporate Communications (ECR) in numerous communications roles and departments, including Broadcast and Media, International Relations—North America Outreach, and Global Engagement & Partnerships. Her most recent assignment was working for the Bank’s Identification for Development Initiative (ID4D) team in Digital Development. She also brings in country experience working in Phnom Penh leading communications for the National Bank of Cambodia.
Carmel Ruth Lev
Carmel Lev, who joined the GIF in July, 2019 as a Strategy, Knowledge & Partnerships Consultant. In tandem to her work at the GIF, Carmel serves as a Strategy Associate for Spectrum Impact, an impact investing consulting firm that works with public and private sector clients to develop investment strategies and products that integrate social and environmental impact. Before joining the GIF, Carmel worked for the IFC’s Inclusive Business unit, housed within the Blended Finance Department. Her work at IFC focused on scaling private sector investment into emerging market companies that integrate low-income populations into their business models. In her role, Carmel also helped manage IFC’s Social Bond Program, which funds projects that have a direct focus on increasing access to goods and services for underserved groups. Previously, Carmel worked at Impact Investment Exchange (IIX) in Singapore, providing investment readiness advisory services and recommending innovative financing solutions to social enterprises in the Asia-Pacific region. Carmel also supported the Case Foundation’s Impact Investing portfolio as a graduate intern. Prior to Case Foundation, Carmel served as a Senior Program Assistant at the National Democratic Institute, managing and implementing U.S. government and international donor-funded foreign assistance programs in the Middle East & North Africa. Carmel earned an MS in Global Business & Finance from Georgetown University’s School of Foreign Service and a BA in Global Studies and World Arts & Cultures from the University of California, Los Angeles.
Michael has over 8 years of experience in advising both public agencies and private industry on infrastructure development and public and project financing. He was most recently with KPMG Infrastructure, where he structured PPP transactions for US transportation, ports and logistics, telecommunications, and energy projects. His recent transactions include SH288, a $1bn toll-road in Texas, and the concession of the New Orleans Public Belt. Michael has advised public agencies with large infrastructure portfolios, such as California High-Speed Rail Authority, on implementing PPP programs. Before KPMG, Michael focused on infrastructure financing on World Bank Group projects in Southeast Asia and East Africa with Castalia Strategic Advisors. In his role, key projects include the development of a loan guarantee facility for energy efficiency in the Philippines and a feasibility study for a PPP of a wastewater treatment plant in Albania. Michael also contributed to the IFC's report on energy access, "From Gap to Opportunity: Business Models for Scaling Up Energy Access" in 2012.