Usha Rao-Monari, India’s funding chief, has been appointed by United Nations Secretary-Normal Antonio Guterres as Underneath-Secretary-Normal and Affiliate Administrator of the United Nations Improvement Program (UNDP).
An announcement launched by the UN spokesman on Wednesday mentioned Rao-Monari, a senior adviser to Blackstone’s Infrastructure Group, is an funding skilled with practically three many years of funding expertise, notably within the space of infrastructure.
Rao-Monari beforehand served as CEO of World Water Improvement Companions, a Blackstone portfolio firm, and held numerous positions of duty, together with Director of the Sustainable Enterprise Advisory Group on the Worldwide Finance Company, a part of the World Financial institution Group. in keeping with the assertion. .
He at present serves on the boards of assorted organizations within the subject of sustainable improvement and has held numerous board and advisory positions within the areas of water, pure capital, biodiversity and the setting, he added.
Guterres expressed his gratitude and appreciation to Mourad Wahba of Egypt for his dedication as Affiliate Administrator advert interim and 30 years of service within the United Nations. He additionally expressed appreciation to Ethiopia’s Tegegnework Gettu for his lengthy profession on the United Nations and for his essential contributions to the event agenda as Affiliate Administrator of UNDP.
Rao-Monari holds a Grasp of Arts in Worldwide Affairs and Finance from Columbia College College of Public and Worldwide Affairs / College of Enterprise, a Grasp of Administration Research from the Jamnalal Bajaj Institute of Administration in Mumbai, and a Bachelor of Economics with Honors from the College of Delhi.
His appointment announcement comes simply two days after the United Nations Capital Improvement Fund (UNCDF), which focuses on offering entry to microfinance to least developed international locations (LDCs), mentioned that Preeti Sinha has begun her tenure as Government Secretary of the UN company.
In 2019, Guterres appointed Anita Bhatia from India, an skilled chief within the space of strategic partnerships, useful resource mobilization and administration, as Assistant Secretary-Normal for Useful resource Administration, Sustainability and Partnerships and Deputy Government Director of the United Nations Entity to the gender. Equality and empowerment of ladies (UN Ladies).