World Bank names Nigerian, other CEOs to scale transition finance in emerging markets

The World Bank has announced the selection of a Nigerian, Damilola Ogunbiyi, among 15 chief executive officers, financiers and asset managers in its Private Sector Investment Lab.

Ms Ogunbiyi is the CEO and special representative of the UN Secretary-General for Sustainable Energy for All. She is also a Co-Chair of UN-Energy.

The lab, initiated last month by the lender’s president, Ajay Banga, aims to mobilise additional private capital to address the challenges of climate change and promote investment in developing countries.