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Review Advisory Group


The Review Advisory Group (RAG) is composed of the following eight members, four from IFC and four from outside IFC. RAG members do not represent their organizations, but serve in a personal capacity and are not compensated for their services to the Review. They are a consultative body providing advice to the review team and CAO. They are not responsible for the review, its products, or outcomes.

** Withdrew from Review Advisory Group effective 9/24/02.


Rashad-Rudolf Kaldany
Mr. Rashad-Rudolf Kaldany is Director, Oil, Gas, and Chemicals department, at the International Finance Corporation/World Bank. Prior to this appointment, he was Director, South and Southeast Asia department, based in New Delhi, India. Mr. Kaldany joined IFC in 1988 as an Investment Officer in the West Africa and Middle East department and in 1990 transferred to the Middle East and North Africa department. From 1992 to 1994 he was Special Assistant to IFC's Executive Vice Presidents, Sir William Ryrie and Mr. Jannik Lindbaek. In 1994 he became Manager, Capital Markets division of the Asia department. In 1997, he was appointed Senior Manager, Office of the Vice President, Investment Operations. Mr. Kaldany received a Ph.D. from Columbia University and an MBA from Stanford University.

Doug Lister
Doug Lister, a US national, is principal investment officer in IFC's Department of Special Operations, which specializes in financial restructurings and maximizing financial recovery from IFC's troubled investments. Prior to joining Special Operations in 2001, Doug worked since 1996 in the joint World Bank-IFC Mining department, where he focused on investments in Latin America, Europe, and Central Asia. Between joining IFC in 1991, and 1996, he worked in IFC's Corporate Finance Services Department, which advises governments and state-owned enterprises on the implementation of large privatization transactions. Prior to joining IFC, he worked in the Mergers & Acquisitions departments of Kidder, Peabody & Co., Incorporated and Merrill Lynch. Doug is a graduate of Princeton University and Harvard Law School.

Claudia Martinez
Claudia Martinez was born in Colombia. She studied Industrial Engineering and Business Administration at Los Andes University in Bogotá, Colombia. She earned a Masters Degree in Environmental Studies and a Masters Degree in Development Economics from Yale University. She worked as Regional Environmental Officer in charge of the coordination of environmental programs for Latin America and the Caribbean at the United Nations Development Programme (UNDP) in New York, where she actively participated in the preparation of the 1992 Rio Conference. After 4 years at UNDP she became the first Director of the Office for Coordination of Sustainable Development of the "Corporación Andina de Fomento -- CAF", a regional Bank that invests more than 3.5 billion dollars annually in Latin America. As Director she developed an innovative evaluation mechanism for assessing projects from a sustainable development perspective. During her time, 20% of CAF's portfolio was invested in environmental activities. For the last three years she has been Deputy Minister for the Environment in Colombia, acting as well as the coordinator of the National Environmental System that involves more than 40 institutions devoted to the environment in Colombia. She was co-editor of: "Our Own Agenda", "Amazonia Without Myths", and "Down in the Andes", publications of the Latin American and Caribbean Commission on Development and Environment, funded by IDB and UNDP; and "Challenges for the New Millennium in Latin America: Sustainable Development, Competitiveness and Second Generation Reforms",TM Editores: CAF. 1998.

Linda Morra-Imas **
Linda Morra-Imas, a US national, is Head of Special Studies for the International Finance Corporation's Operations Evaluation Group. She received her doctorate in program evaluation from the University of Virginia. She joined the World Bank's Operations Evaluation Department in 1996 as a Senior Evaluation Specialist and also served as Manager of the World Bank Institute's Skills Development program before joining IFC. Prior to joining the World Bank, she spent 15 years with the US General Accounting Office, and directed evaluations of national education and employment- related programs. She has extensive experience developing training and teaching program evaluation, especially in the development context. She has written numerous articles related to evaluation and frequently serves as an evaluation advisor.

Robert Picciotto **
Robert Picciotto, an Italian national, is Director-General of Operations Evaluation (DGO) for the World Bank Group. In this capacity, he oversees independent evaluation at both the World Bank and the IFC. Bob studied mathematics at the Lycée Louis le Grand, received a civil engineering from the Ecole Nationale Supérieure de l'Aéronautique in Paris, and earned a master's in public and international affairs from Princeton University (USA). Before becoming DGO, Bob held a number of positions in the Bank Group, including development bank analyst at IFC, agriculture economist in the India field office, Division Chief agriculture industries in the Bank, Assistant Director of agriculture and rural development in the Asia Region, Director of the Regional Projects Departments in three of the Bank's Regions (South Asia; Europe, Middle East, and North Africa; and Latin America and Caribbean), Director of Planning and Budgeting, and Vice President for Corporate Planning and Budgeting. He has published widely in the fields of institutional economics and evaluation.

Bernard Sheahan
Mr. Sheahan is Chief Strategist and Director of the Operational Strategy Department for the IFC since June 2000, with responsibility for the development of IFC's operational strategy and business plans. He is currently leading IFC's initiative on incorporating sustainability into the Corporation's activities. Prior to this, he was Manager for Strategy, Planning and Coordination in IFC's Latin America and Caribbean Department, where he was responsible for planning and design of IFC's regional strategy for Latin America and coordination of strategy and programs for the region within IFC and between IFC and the World Bank. In 1998 he also acted as Change Manager for the IFC. Mr. Sheahan previously held positions in IFC's Asia Department, Special Operations Unit, and Caribbean and Central America Business Advisory Services. He has also worked at the Boston Consulting Group, and during 1998-1999 he was Visiting Lecturer at Georgetown School of Business. Mr. Sheahan holds a Bachelor's Degree from Dartmouth College, and an MBA from Harvard University. He is an American and French national.

Mark Swilling
Mark Swilling, a South African, is Executive Director of Spier Holdings (Pty) Ltd. (responsible mainly for coordination of social and environmental planning), Co-Director of the Spier Institute, and Extra-ordinary Professor in the School of Public Management and Planning at the University of Stellenbosch. Previously he was Professor and Director of the Graduate School of Public and Development Management, University of the Witwatersrand (1993-1997) and founder of PLANACT (1985-1993), an urban services NGO. Mark has published extensively in the field of urban development, local government, social movements, public policy, constitutional negotiations, and more recently completed a study of the size and scope of the non-profit sector in South Africa.

Kay Treakle
Kay is the Executive Director of the Bank Information Center (BIC), an independent, non-governmental organization located in Washington, DC that provides information and strategic support to NGOs and social movements throughout the world on the projects,policies and practices of the Multilateral Development Banks. She has worked at BIC since 1992, when she created and managed BIC's Latin America and Caribbean Program, which focused on monitoring development projects financed by the World Bank and Inter-American Development Bank in the LAC region. Kay worked with NGOs and local communities to improve environmental and social conditions in projects, and to increase public participation in development decision-making. From 1997 to 2000, Kay served as Managing Director at BIC, leading the organization's strategic planning process and overseeing the development of training programs and outreach materials for BIC's developing country partners. Currently, Kay coordinates BIC's policy work on accountability issues at the World Bank Group, focusing on the role and functions of the World Bank's Independent Inspection Panel and the new Compliance Advisor Ombudsman Office at the International Finance Corporation. She is co-editing a book of case studies and lessons from Inspection Panel claims, to be published early in 2002. Prior to 1992, Kay was the national campaign director for Greenpeace, where she worked in senior management and program coordination positions for 15 years. She has published articles andpapers on international environmental issues and the MDBs, and has served on several NGO Boards, including, currently, the Development Group for Alternative Policies (D-GAP) and the Pesticide Action Network. Kay has a degree from the Evergreen State College in Olympia, Washington, where she studied ecology and agriculture. For more information, see www.bicusa.org

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This page last updated: 08/28/2006