The International Financial Corporation (IFC), the private sector financing branch of the World Bank, has announced the appointment of Guillermo Villanueva as its resident representative for the Dominican Republic. Villanueva is responsible for coordinating the IFC investment program and advisory services in the country. He will be based at the Torre Novocentro on Av. Lope de Vega in Naco in Santo Domingo.
The Dominican Republic office is also the hub for Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, St. Kitts and Nevis, St. Lucia, Suriname, the Bahamas, and Trinidad and Tobago.
The DR has been a member of IFC since 1961. The IFC has invested US$986 million in the country’s private sector.