Islamic Corporation for the Development of the Private Sector (ICD)
Juan Limandibrata has extensive work experience in risk management and financial roles. From December 2018 to present, they have served as the Chief Risk Officer at The OPEC Fund for International Development (OFID). Prior to that, they held the position of Director in the Risk Management Department at The Islamic Corporation for the Development of the Private Sector (ICD) starting in December 2013.
Before their work at ICD, Juan worked at the Asian Development Bank (ADB). From August 2007 to November 2013, they were the Head of the Office of Risk Management at ADB. Prior to that, from August 2001 to August 2007, they served as the Head of Funding at ADB. Earlier in their career, Juan worked as a Senior Treasury Specialist at ADB from April 1994 to May 2001.
Juan Limandibrata attended Stanford University and the University of Michigan, but no information is available regarding the years of attendance or the degree or field of study pursued at either institution.
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Islamic Corporation for the Development of the Private Sector (ICD)
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IsDB). Its authorized capital stands at USD 4 billion, of which USD 2 billion is available for subscription. Its shareholders consist of the IsDB, 55 member countries and five public financial institutions. Headquartered in Jeddah, ICD was established by the IsDB Board of Governors during its 24th annual meeting held in Jeddah in Rajab 1420H (November 1999). The mandate of ICD is to support the economic development of its member countries by providing financial assistance to private sector projects in accordance with the principles of Shari’ah, aimed at creating employment opportunities and enhancing their export potential. Furthermore, ICD has the mandate of mobilizing additional resources for projects and encouraging the development of Islamic finance. It also attracts co-financiers for its projects and provides advice to governments and private sector groups on policies aimed at encouraging the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices, and the enhancement of the role of market economy. ICD’s operations complement the activities of IsDB in member countries and also those of national financial institutions. #ICD_PS #ICD #IslamicFinance