Jingdong Hua is Vice President and Treasurer of IFC, a member of the World Bank Group and the only development finance institution focused on the private sector in emerging markets. He is a member of IFC’s executive management team.
Mr. Hua is responsible for managing IFC’s financial position, safeguarding its international triple-A rating and maintaining its standing as a premier issuer in the global capital markets. He oversees liquid assets, market borrowings, and derivatives exposures totaling over $100 billion.
Under Mr. Hua’s leadership, IFC focuses on capital market development in emerging markets, through pioneering transactions such as a first-in-kind global Indian rupee program that set a benchmark yield curve for the offshore rupee markets, and market-opening local currency bonds in Armenia, Costa Rica, China, Nigeria, Rwanda and many other countries.
Mr. Hua is also responsible for IFC’s loan syndications and co-investment program which has mobilized over $50 billion for private sector development.
Prior to joining IFC, Mr. Hua served as Deputy Treasurer at the Asian Development Bank (ADB) in Manila. He previously held a number of positions in the treasury departments of ADB, the United Nations Development Program in New York and the African Development Bank in Abidjan.
Mr. Hua, a Chinese national, started his career in 1983 with China National Chemical Construction Corporation. He holds a B.S. in Chemical Engineering from Qingdao University of Science and Technology, an MBA Finance from the University of Texas at Arlington, and a Master of Public Administration (MPA) from Columbia University.