Manager – Development Operations
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It is with pleasure we announce Ajay Narayanan as a newly appointed Hunt Institute Senior Fellow. The Hunt Institute Senior Fellows are appointed for their expertise and demonstrated excellence in their fields. During their two-year tenure, they will collaborate on projects and contribute to the endeavors of the Institute.
Mr. Narayanan is the Manager of Development Operations for the Internal Audit function at the World Bank Group (WBG). His role entails overseeing audits carried out to provide assurance to the Board on the effectiveness of the operational activities of World Bank Group Institutions, that include the World Bank, the International Finance Corporation (IFC) and the Multilateral Insurance and Guarantee Agency (MIGA). His role entails prioritizing the operations of the WBG based on risk and strategic relevance, and managing the audits for the same. This entails managing the engagement team, coordinating with WBG senior management members and communication with the Board.
Prior to his current role, he was the Head of the Sustainability and Climate Business Unit in the Global Financial Markets department at the IFC. His team was mandated with the role of growing the financing of climate change mitigation and sustainability projects through financial market clients of IFC in areas such as Sustainable Energy, Sustainable value chains, Cleaner Production, and sustainable logistics. He has experience both within and prior to IFC in looking at the sustainability aspects in emerging financial markets covering both E&S risk management as well as business opportunities.
He has over 25 years of experience in Environment Health and Safety Management associated with financial institutions, chemical and engineering industry. He has also worked on industrial loss prevention, alternative models for financing sustainable infrastructure, renewable energy, carbon finance and new technology areas.
He has post graduate degrees in Mechanical Engineering and Safety Engineering, is a Certified Internal Auditor, Certified Fellow of the Institute of Risk Management, London, a LEAD Fellow and an Associate life member of the Indian Society of Applied Behavioral Science.
His interests include the application of complexity theory in organizational behavior and management, organizational coaching, scaling transformational initiatives, measuring and incentivizing development.
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