Tariye Gbadegesin is a Nigerian-American businesswoman and corporate executive who is the chief executive officer of the Climate Investment Funds (CIF), effective 1 March 2024. She is the first African woman to serve in that role. She is based in Washington, DC, United States.[1] Before that, she served as the CEO of the Lagos, Nigeria-based ARM Harith Infrastructure Investments, a joint investment fund owned by the Asset & Resource Management Company Limited ("ARM") of Nigeria and Harith General Partners (Pty) Limited ("Harith") of South Africa. Gbadegesin was also the co-chair of the Voluntary Carbon Markets Integrity Initiative (VCMI), a global initiative to mobilize high integrity carbon markets.[2][3]
Tariye Gbadegesin | |
|---|---|
| Born | |
| Nationality | United States and Nigeria |
| Citizenship | United States and Nigeria |
| Alma mater | Amherst College (Bachelor of Economics) Harvard School of Business (Master of Business Administration) |
| Occupation(s) | Senior Corporate Executive and Finance |
| Years active | 2001–present |
| Known for | Emerging Market Investments, Development Finance, Climate Finance, Infrastructure |
| Title | Chief Executive Officer Climate Investment Funds (CIF). |
| Term | March 2024 – 2027 |
| Predecessor | Mafalda Duarte |
Background and education
editShe is an American and Nigerian national. Her American mother with origins from Maine in the United States and a Nigerian Father from the Niger Delta region of Nigeria were academics in Nigeria and in the US. Born in Ibadan, she grew up in Port Harcourt, the capital city of Rivers State in the Niger Delta. Her mother led the Institute of Pollution Studies and the Niger Delta Wetlands Center organizations dedicated to environmental protection and community development in the Niger Delta region of Nigeria. Her father was the Minister of Science and Technology for the Federal Government of Nigeria from 2000 to 2007.[4]
She holds a Bachelor of Economics degree from Amherst College and a Master of Business Administration from the Harvard School of Business.[1][5]
Career
editHer business career spans over 20 years. Past employers include the Africa Finance Corporation, the International Monetary Fund, the Boston Consulting Group and Price Waterhouse Coopers.[6]
As CEO of CIF, she leads an US$11 billion investment fund owned by the G20, administered by the World Bank in collaboration with the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank. CIF invests in climate mitigation projects in 72 developing nations in the world.[1][7]
Other considerations
editGbadegesin is a Non-Executive Director at Guinness Nigeria Plc, a subsidiary of Diageo Plc. She sits on the Advisory Council of the Millennium Challenge Corporation in Washington D.C., United States. She is also a member of the Advisory Committee on Infrastructure for the United Nations Principles for Responsible Investing. In addition, she co-chairs the steering committee for the Voluntary Carbon Markets Integrity Initiative launched by the Government of the United Kingdom and the Children's International Investment Fund.[8]
See also
editReferences
edit- ^ a b c Benoit-Ivan Wansi (29 November 2023). "Tariye Gbadegesin, the Nigerian appointed to head the Climate Investment Funds". Afrik21.africa. Paris, France. Retrieved 9 March 2024.
- ^ TheCable (28 November 2023). "Tariye Gbadegesin Becomes CEO of Climate Investment Funds: First African To Be Appointed". TheCable. Lagos, Nigeria. Retrieved 9 March 2024.
- ^ Concordia (8 June 2021). "Tariye Gbadegesin: Managing Director And Chief Executive Officer of ARM-Harrith Infrastructure Fund". Concordia.net. New York City. Retrieved 9 March 2024.
- ^ Sam Abu (15 December 2021). "ARM-Harith builds up Africa's sustainable infrastructure" (©2024 PwC). Strategy-Business.com. New York City. Retrieved 9 March 2024.
- ^ Simon Jessop and Valerie Volcovici (27 November 2023). "Exclusive: Climate Investment Funds appoints Tariye Gbadegesin as CEO". Reuters. Retrieved 9 March 2024.
- ^ Columbia University (2021). "Tariye Gbadegesin: Chief Executive Officer of ARM-Harith Infrastructure Investment". Center On Global Energy Policy At Columbia. New York City. Retrieved 9 March 2024.
- ^ TSJ (1 December 2023). "Tinubu Felicitates With Tariye Gbadegesin As She Emerges CEO of Climate Investment CIF". The Street Journal (TSJ). Abuja, Nigeria. Retrieved 9 March 2024.
- ^ GNSN (2 December 2023). "Tariye Gbadegesin: Non-Executive Director". Guinness Nigeria (GNSN). Lagos, Nigeria. Retrieved 9 March 2024.
External links
edit- Tariye Gbadegesin Appointed CEO of Climate Investment Funds
- African Business Podcast: Tariye Gbadegesin, MD and CIO, ARM-Harith Infrastructure Fund: Integrating sustainability (Audio).
- Major Multilateral Development Banks As of 31 December 2018.