Leading funding skilled Usha Rao-Monari of India has been appointed by UN Secretary General Antonio Guterres as Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP).
A press release issued by the UN Spokesperson on Wednesday mentioned that Rao-Monari, senior adviser to Blackstone’s Infrastructure Group, is an funding skilled with nearly three many years of funding expertise, significantly within the infrastructure space.
Rao-Monari beforehand served as Chief Executive Officer of Global Water Development Partners, a Blackstone portfolio firm, and held a number of senior positions, together with Director of the Sustainable Business Advisory Group on the International Finance Corporation, a part of the World Bank Group, the assertion mentioned.
She presently serves on the Boards of a quantity organisations within the discipline of sustainable growth and has held plenty of Board and advisory positions within the areas of water, pure capital, biodiversity and surroundings, it added.
Guterres expressed his gratitude and appreciation to Mourad Wahba of Egypt for his dedication as Associate Administrator advert interim and 30 years of service within the United Nations. He additionally voiced appreciation to Tegegnework Gettu of Ethiopia for his long-standing profession on the United Nations and for his vital contributions to the event agenda as UNDP”s Associate Administrator.
Rao-Monari holds a Master”s diploma in International Affairs and Finance from Columbia University”s School of International and Public Affairs/School of Business, a Master”s diploma in Management Studies from Jamnalal Bajaj Institute of Management in Mumbai and a B.A. Honours Economics from Delhi University.
The announcement of her appointment comes simply two days after the UN Capital Development Fund (UNCDF), which focusses on offering micro-finance entry to least developed international locations (LDCs), mentioned Preeti Sinha has commenced her tenure as Executive Secretary of the UN company.
In 2019, Anita Bhatia of India, an skilled chief within the space of strategic partnerships, useful resource mobilisation and administration, was appointed by Guterres as Assistant Secretary-General for Resource Management, Sustainability and Partnerships and Deputy Executive Director of the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women).