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In celebration of International Women’s Day, the Multilateral Investment Guarantee Agency (MIGA) is hosting its 6th Annual Gender Leadership Award, titled ‘Women Financing a Resilient Asia.’ The Award recognizes a leader who has a proven track record of seeking to further the cause of women’s advancement and gender equality while contributing to the World Bank Group’s twin goals of reducing poverty and boosting shared prosperity.

MIGA is delighted to recognize Audra Low, Chief Executive Officer & Executive Director, Clifford Capital as this years’ awardee. Ms. Low has shown her commitment to furthering gender equality in the workplace, particularly in front line roles/functions where women’s representation has historically been lacking. Ms. Low’s efforts set an example for women in the finance sector, who have been significantly underrepresented in executive positions, representing less than 2% of bank CEOs and holding less than 20% of board seats of banks worldwide.

The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 as a member of the World Bank Group to promote foreign direct investment in emerging economies by helping mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, and war & civil disturbance; and offering credit enhancement to private investors and lenders. Since its creation, MIGA has issued over US$59 billion in guarantees across 118 developing countries.