World Bank VP arrives today

The World Bank Vice President for Sustainable Development, Rachel Kyte, is scheduled to arrive in the country today for a three-day visit. She is expected to meet with President Paul Kagame and hold bilateral meetings with several senior government officials. According to a statement from the World Bank, Kyte will also meet with representatives of the donor community and travel upcountry on a tour of World Bank-supported energy and agricultural projects. “As Vice President for Sustainable Development, Kyte has overall responsibilities for the organisation’s global work in agriculture, the environment, infrastructure, urban development, and social development. She has held the position since September, 2011. “Rachel Kyte last visited Rwanda in 2008 when she was Vice President for Business Advisory Services at the International Finance Corporation, the private sector arm of the World Bank Group,” WB announced. From 2004, she served as IFC’s Director for Environmental and Social Development, where she led efforts to develop new sustainability performance standards. Through the Equator Principles, the standards are now a global benchmark, demonstrating IFC’s leadership in sustainable business and illustrating that improved environment and social standards can raise financial performance in emerging markets. Kyte joined IFC in 2000 in the office of IFC’s Compliance Advisor/Ombudsman. Prior to joining IFC, she was a member of the management team of the World Conservation Union—IUCN. edmund.kagire@newtimes.co.rw

National

World Bank VP arrives today