Jessica J. Farmer has joined IFC InfraVentures, the IFC Global Infrastructure Project Development Fund, as Principal Investment Officer.
Jessica joins IFC InfraVentures after more than 13 years at the Export-Import Bank of the United States, where she held several managerial positions in the Asset Management and Project and Structured finance departments.
In June 2012 Ms. Farmer was promoted to Vice President, Asset Management Division (AMD).
Ms. Farmer was promoted to Director, Project and Structured Finance Division in March 2011 and was responsible for negotiating loans for the Bank's largest customers and for creating responsive credit structures for target markets and customers.
In her time in the Project and Structured Finance Division, Jessica worked on a range of project structures in a host of industries including upstream oil and gas, refineries, power and renewable energy.
In 2003, Jessica joined the Project Finance Division, now known as the Project and Structured Finance Division. Ms. Farmer was promoted to the position of Senior Loan Officer in 2005.
Before joining Ex-Im Bank, Ms. Farmer served for two years as a Peace Corps volunteer in Mauritania, West Africa. She holds a Bachelor of Arts degree in French Literature, Cum Laude, from the University of Colorado at Boulder and a Master in International Affairs, specializing in Economic and Political Development and International Finance, from the School of International and Public Affairs at Columbia University in New York.
IFC InfraVentures helps develop public-private partnerships and private projects for infrastructure in developing countries. It provides early-stage risk capital and actively participates in the project development phase to create private infrastructure projects that are commercially viable and able to more rapidly achieve financing close.
Through IFC InfraVentures, the World Bank Group has set aside a $150 million fund, from which IFC can draw to initiate project development in the infrastructure sector.