The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has appointed Sarvesh Suri as Director for Operations, and Muhamet Fall as Associate Director for Operations and Chief Underwriter.

Suri joined the World Bank Group’s International Finance Corporation (IFC) in 2001 as Investment Analyst in the New Delhi office.

Since then, he has held a number of operating, corporate and management positions across IFC.

Most recently, he was Senior Country Manager for Indonesia, Malaysia and Thailand based in IFC’s Jakarta office.

Suri will be responsible for leading MIGA's operations team and growing the guarantees business and the agency’s development impact.

Fall joined MIGA in 2004 as an Investment Promotion Officer.

Since then, he has served as a Senior Underwriter in MIGA’s infrastructure team, Regional Head of MIGA's Asia-Pacific Hub based in Singapore, and Acting Director of Operations.

In his new position, Fall will work with MIGA's Operations Director to develop and execute a strong business pipeline; lead underwriting teams; and ensure high-quality structuring and delivery of guarantees.

“MIGA has a unique role to play as many of our member countries juggle their development needs in an uncertain investment environment,” said Keiko Honda, MIGA’s Executive Vice President and CEO.

“Sarvesh and Muhamet both have the experience and creativity that helps keep investment flowing, and I’m very pleased to have them on MIGA’s management team,” she said.