Luiscela Moreno Investment Manager

Most memorable project: Working with one particular mid-sized banking group with a presence in several countries in the Latin

America and the Carribean (LAC) region. It enabled us to strengthen our footprint in Central America, and provide our first private sector and trade finance loans in El Salvador and Guatemala. We also extended facilities in favor of subsidiaries and provided our first

subordinated facility. It has been rewarding to build the relationship gradually and witness how the group has grown its balance

sheet over the years since our partnership began. Our facilities have enabled on-lending to hundreds of beneficiaries across

different sectors, contributing to the overall health of the regional economy.

o the o all health of the

What do you enjoy most about your job? Meeting with end

beneficiaries – talking with them, visiting their farms or factories, listening to their stories and most importantly, seeing how financial inclusion can change people’s lives. It’s a major reward of my job.

Development ambition: The LAC region has

significant natural and human resources, but has not yet achieved the expected development progress. I would very much like to contribute to supporting improved productivity through strengtheneing supply chains. I would love to see LAC reach its full potential as a vibrant and prosperous region. The private sector is key in reducing inequality

reducing inequality – we need toe need to

Our relatively small size means we are agile with the flexibility to move quickly.

become even more creative to find financial solutions to address the region’s challenges.

What’s special about working for the OPEC Fund? The diversity of our own people, meaning we understand the specific needs of our beneficiaries. Our relatively small size means we are agile with the flexibility to move quickly.

Before joining the OPEC Fund:

I grew up in Venezuela and prior to joining the OPEC Fund seven years ago, I

worked for the Central Bank and commercial banks. I know this part of the

I know this part of the world well.


Khadduri Senior Investment Manager

Luiscela Moreno (second from right) visits a project site in Paraguay. PHOTO: OPEC Fund/Luiscela Moreno 15

Most memorable project: Leading the fundraising for a bank in Sri Lanka. Taking the lead role, we partnered with the Austrian Development Bank and DEG to provide the first international funding from development finance institutions (DFIs) to the bank. The transaction required a lot of effort from all parties to guide the bank through the process for the first time, while ensuring all lenders were comfortable from risk, financial, legal, environmental and social perspectives. There was full stakeholder engagement from the bank’s board and senior management right through to branch managers and credit officers responsible for sub-loans to small- and medium- sized enterprises (SMEs). We had the opportunity to meet with all stakeholders – including the Central Bank and, importantly, some of

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