Chairperson, Advisory Council
Mrs. Khambata is a Co-Founder of Cartica – an emerging markets investment fund management company based in Washington DC. Prior to co-founding Cartica, Mrs. Khambata was a member of IFC’s Management Group. In her last position at IFC she served as the Regional Vice President in charge of business in East Asia and the Pacific, South Asia, Latin America and the Caribbean. She was responsible for strategy, investment operations and advisory services in IFC’s member countries in these regions. She also oversaw all equity investments globally and investments in Agribusiness, Manufacturing and Services and Health and Education sectors.
Previously Mrs. Khambata was Vice President for Portfolio and Risk Management where she had responsibility for the Corporation’s portfolio (approximately $14 billion) and risk management operations, as well as for information technology, controls, budgeting, trust funds and back office operations. Before being named Vice President, Mrs. Khambata was the Treasurer of IFC and handled, among other things, IFC’s borrowing program and the management of its liquid assets. Prior to becoming the Treasurer, Mrs. Khambata was the Director of the Central Capital Markets Department, which was responsible for IFC’s financial sector investments, IFC’s Emerging Markets Data Base (“EMDB”), and for providing advice on capital market development. She joined IFC in 1986 from the World Bank where she managed pension fund assets and oversaw non-US equities.
Mrs. Khambata earned her MA in Economics from the University of Cambridge and her MS in Business Management from the London Business School. She serves on the boards of directors of Tata Sons Ltd. and Kotak Mahindra Bank in India, Dragon Capital in Vietnam, as well as on the advisory board of ADM.