Baku: Ivana Fernandes Duarte, Regional Manager for the South Caucasus at the International Finance Corporation (IFC), has concluded her mission, APA reports. Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov received Duarte on the occasion of the completion of her tenure, which began in June 2021. During the meeting, Kazimov expressed gratitude for Duarte’s valuable contributions to IFC’s operations in Azerbaijan and the region, as well as for the productive cooperation. He also wished her success in her future endeavors.
According to Azeri-Press News Agency, Duarte’s tenure was marked by significant achievements in strengthening the financial infrastructure and fostering economic growth in the South Caucasus. Her leadership has been pivotal in advancing IFC’s objectives and enhancing its partnerships within the region. Under her guidance, the organization has made strides in supporting private sector development and promoting sustainable investment practices.
Duarte’s efforts have been instrumental in facilitating cooperation between the IFC and local financial institutions, which has led to improved access to finance for businesses and increased foreign investment in the region. Her departure marks the end of a productive era for IFC’s operations in the South Caucasus, but her influence is expected to have lasting impacts on the economic landscape of the area.