IFFIM - Key Persons


Alan R. Gillespie

The founding chair of IFFIm, Alan R. Gillespie, helped secure US$ 6.3 billion in pledges from nine countries and raise US$ 3.6 billion on the capital markets for immunisation. Dr. Gillespie served from 2006-2012. From 2001 until 2008, Alan Gillespie was the Chairman of the Ulster Bank Group, a subsidiary of The Royal Bank of Scotland Group. He began his banking career at Citigroup/Citibank in London and Geneva then joined Goldman Sachs & Co in New York, becoming partner and Managing Director in London until 1999. Dr. Gillespie has also served in a number of public sector roles. These include Chief Executive of the Commonwealth Development Corporation (the UK/DFID agency) from 2000 to 2003; Chairman of the Northern Ireland Industrial Development Board (predecessor to Invest NI) from 1996 to 2002; President of the Association of EU Development Finance Institutions and as Chairman of the University Challenge Venture Capital Fund. Dr. Gillespie received his B.A., M.A. and PhD from the University of Cambridge and is an Honorary Fellow of Clare College, Cambridge. Former IFFIm Board Chair Alan Gillespie has an extensive background in both banking and development

Bertrand de Mazières

Job Titles:
  • Chairman of the Audit Committee
Bertrand de Mazières, Director General for Finance at the European Investment Bank, joined the IFFIm in May 18, 2018. Based in Luxembourg, Mr de Mazières is currently the chief financial officer of the biggest multilateral bank and largest long term lender in Europe, with responsibility for funding, treasury, support functions (back and middle office) and ALM, and managing a staff of 180. A French national, Mr de Mazières has been involved since 1982 in public administration, financial market regulatory authorities and International Financial Institutions. In close and continuous interaction with banks, capital market enterprises, ministries of finance, central banks and regulatory supervisors, he has alternated operational functions with supervisory and regulatory responsibilities, all concerned by and contributing to the development of capital markets at the service of the public, and especially to the EU financial integration. His experience also includes the set-up and management of newly created operations. Mr de Mazières has a Master's in Business and Public Law from Université Paris Sud (Paris XI), and post-graduate degrees from Ecole Nationale d'Administration, University of Paris I: Panthéon-Sorbonne, Diplôme d'Etudes Approfondies and HEC Paris.

Bond Documentation

Job Titles:
  • Trustee

Ingrid van Wees

Ingrid van Wees was the Vice President for Finance and Risk Management at the Asian Development Bank (ADB) from 2016 to 2021, where she was responsible for the overall management of the operations of the Office of Risk Management, Controller's Department and Treasury Department. Before ADB, she was a senior director at the German Investment and Development Corporation (DEG) from 2004 to 2016. She moved to development banking after a twelve-year career in the private sector with leading international companies in infrastructure and consumer goods from 1992 to 2004. She has an MBA degree from INSEAD and a MSc degree from Delft University of Technology in The Netherlands. Ms Van Wees joined the IFFIm Board of Directors in October 2021.

Kenneth G Lay - Chairman

Job Titles:
  • Chairman
  • Chairman, IFFIm Board of Directors
  • Senior Managing Director of the Rock Creek Group
Mr Lay is currently Senior Managing Director of The Rock Creek Group, an asset management firm based in Washington, D.C., that manages globally diversified portfolios of public and private assets for major institutional investors. In addition to his responsibilities in the firm, Mr Lay works with international institutions, private foundations and NGOs seeking to develop new approaches to increasing the scale and reducing the cost of financing for humanitarian, environmental and other global priorities. As Treasurer of The World Bank, Mr Lay and his colleagues managed more than $100 billion in investments for the Bank and other international financial institutions and for more than 40 of the World Bank's member countries' central banks, sovereign wealth and pension funds. He also led the World Bank Treasury's banking and capital markets programmes as they delivered financing and risk management for the World Bank itself and introduced green bonds and catastrophe bonds to deepen the institution's engagement in mitigation of and adaptation to climate change. At other stages in his World Bank career, Mr Lay served as a country director in Latin America and Southeastern Europe. In an earlier stint in the World Bank Treasury, he conceived and led the issuance of the first "global bond," which has become a principal vehicle for sovereign and supranational financing in international markets. Before joining the World Bank, Mr Lay was an enforcement lawyer with the U.S. Securities and Exchange Commission, where he headed the branch of corporation finance enforcement. Mr Lay holds a BA from Dartmouth College, a JD from the George Washington University, the CFA designation and active membership in the State Bar of California. Since 1992, he has supervised his family's ranch in Converse County, Wyoming.

Monique Barbut

A recognized and respected figure of the environment, Monique Barbut has followed a career devoted to public service and multilateralism. After studying economics, Mrs Barbut had a long career in different positions at the Agence Française de Développement Group (AFD), the main French public institution for aid in development. As a member of the French government delegation to the 1992 Rio Earth Summit, she was a key player in the financing negotiations, and later on an active negotiator in the creation of the Global Environment Facility (GEF) as well as the French Global Environment Facility (FGEF), to which she was appointed first Chief Executive Officer. From 2003 to 2006 she headed the Technology, Industry and Economics Division of the United Nations Environment Program (UNEP) before becoming CEO and President of the GEF in June 2006. In 2013, the United Nations Secretary General appointed her as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD). In addition to these functions, she became Under Secretary General of the United Nations in 2016. She joined the Board of trustees of WWF France in 2014 and became its President in January 2021. Mrs Barbut joined IFFIm's Board of Directors on 1 July 2021.