Peter Woicke From 1999-2005, Peter Woicke, a German national, was Executive Vice President of the International Finance Corporation (IFC), the largest multilateral provider of loans and equity to the private sector in the emerging markets. As part of the World Bank Group, IFC fosters economic growth in the developing world by financing private sector investments, mobilising capital in the international financial markets, and providing technical assistance and advice to governments and businesses. Mr Woicke made 'opening up Africa' - by developing the financial markets, promoting privatisations and building business friendly infrastructure to attract foreign capital - a key priority for IFC. The Corporation is the largest underwriter of private sector investment on the continent. In addition to serving as Executive Vice President of IFC, Mr Woicke was a Managing Director of the World Bank. In this capacity, he led the effort to forge a comprehensive private sector development strategy to better integrate the public and private investment roles of the World Bank Group. Before joining IFC, Mr Woicke held numerous positions over nearly 30 years with J.P. Morgan. These included heading the banking division of an affiliate in Beirut and leading the global oil and gas group. For two years, he was responsible for J.P. Morgan's information technology staff of some 6,000. His career in international finance includes experience in Latin America and the Middle East. He was also chairman of J.P. Morgan Securities Asia and a member of J.P. Morgan's executive management group.