Business Development Investment Officer
Resume:
SANJAY SETH
****, **** *****, ******, ** *****
202-***-**** (M)
email: *********@*****.***
Career Highlights:
●Over 25 years of work experience with International Finance Corporation (IFC), which is the largest global private sector development institution and a part of the World Bank Group. Successfully arranged debt and equity funding for businesses on a global scale. Facilitated over 125 transactions for IFC's own account, resulting in a total investment of more than US$2.5 billion.
●Specialized in business development, transaction processing, and portfolio supervision within the manufacturing, agribusiness, and services sectors. Proficient in related tasks as preparing investment memos, conducting due diligence, structuring, and negotiating financial terms and coordinating legal documentation.
●Overall, my career highlights a track record of executing complex financial transactions, promoting sustainable development, and fostering economic growth through private sector development in various regions around the world.
WORK EXPERIENCE
International Finance Corporation (IFC) (World Bank Group) Washington, DC
2021-2023 Investment Officer (Middle East, Central Asia, and Turkey Department)
●Financed US$90 million in senior secured green debt for an aluminum producer in Turkey.
●Conducted due-diligence towards debt financing of US$30 million of a private university in West Bank and Gaza.
2015-2021 Investment Officer (Middle East and Africa Department)
●Financed US$25 million senior debt funding for a garment producer in Jordan.
●Financed US$12 million senior debt for a private university in Jordan.
●Financed US$20 million in debt funding for a hotel and shopping center in Iraq.
2010-2015 Investment Officer (Grade G1) (Europe, Middle East, and North Africa Department)
●Provided US$10 million debt funding for an office building in Armenia.
●Provided US$20 million in debt funding for commercial real estate developer in Belarus.
●Financed US$20 million in debt funding for a commercial property (warehouse) in Ukraine.
●US$40 million in funding provided for a hotel in Ghana.
2008-2010 Investment Officer (Grade F2) (Global Manufacturing Department)
●Arranged EUR90 million in debt financing for an iron and steel producer in Croatia.
●Arranged US$60 million in debt funding for a fiberboard manufacturer in Russia.
●Financed US$4 million debt for a construction company in Chad (Africa).
2006-2008 Associate Investment Officer (Grade (F1) (Global Manufacturing Department)
●Arranged US$10 million debt funding for a paper product producer in Nigeria.
2002-2006 Investment Analyst (Global Manufacturing Department)
●Prepared investment review memorandum for transactions in Asia, Africa, Latin America, and Europe. Sectors covered were pulp & paper, cement, hospitality (hotels), shopping centers, and real estate.
1998-2002 Budget and Strategy Analyst (Africa Department)
●Worked on a strategy paper for increasing private sector investing in Africa, monitored the regional deal-flow and reviewed budget & expenses for the Africa region’s field offices.
●Supervised and worked on new transactions in financial and manufacturing sectors.
1997-1998 Portfolio Assistant (Africa Department)
●Performed financial modeling and valuation of proposed IFC investments in the Africa region.
●Performed due diligence on the portfolio projects, prepared annual supervision and performance reviews of over 20 projects in 10 African countries. Reviewed companies’ audited financials and evaluated the market and country risk.
●Modeled projected financial statements and performed risk and sensitivity analysis.
1993-1997 Consultant (Controller’s and Budgeting)
●Provided quality information and in-depth analysis of IFC’s loan and equity portfolio performance to senior management. Analyzed the performance of IFC’s equity investments.
●Implemented a new data extract software using C/C++ to update IFC’s portfolio database.
●Implemented a Data Warehouse and an Intranet project for the Corporation.
National Dairy Development Board New Delhi, India
1989-1991 Commodity Trader
● Involved in bulk buying and selling of agricultural commodities.
●Used statistical packages for forecasting and regression analysis of commodity prices.
EDUCATION
1993 Kogod School of Business, American University Washington, DC
MBA Finance
●Hall of Nations Scholarship (Full tuition scholarship)
1989 Institute of Rural Management, Anand, India
MBA Rural Management
●Completed with a full tuition scholarship
1987 Bangalore University Bangalore, India
Bachelor of Technology (Textile Technology)
Other Deals Done
oSunflag Textile Mill – Textile plant in Arusha (Tanzania). $4 million IFC term loan
oA&K Resorts – Tourism company for Africa Region. $11 million IFC term loan
oPrivatization Fund for Africa (PFA) - $50 million IFC equity towards a privatization fund for Africa Region
oExim Bank (Tanzania) - $3.5 million loan to a private bank in Tanzania to develop regional SMEs
oState Bank of Mauritius - $20 million loan for small and medium clients in Mauritius and Africa region
oState Bank of Mauritius (Nedcor) - $10 million loan for small and medium clients in Mauritius and Madagascar
oCBA (Algeria) - $30 million IFC loan for a white cement plant in Algeria
oACC II (Algeria) - $20 million loan for a cement plant in Algeria
oChenming Paper Mill (China) – $60 million IFC loan, $155 million ‘B’ Loan and $12.9 million equity for a pulp and paper plant in China
oKronostar (Russia) – $50 million IFC loan and $50 million syndicated loan for a wood panel factory in Russia
oWest Coast Paper (India) - $40 million IFC loan for a pulp and paper mill in India
oAccor Hotels (Nigeria) – IFC investment of $3 million equity and US$9 million loan for a hotel project in Nigeria
oStar Paper (Nigeria) – A $10 million IFC investment for a tissue paper factory in Nigeria
oShanshui Cement (China) – A $12 million IFC equity, a $50 million IFC loan and $150 million in syndicated loan investment in the second largest cement producer in China
Contact this candidate