PARTNERS IFC IN DEVELOPING ITS STRATEGIC PLAN

NDB recently signed an agreement with IFC, a member of the World Bank Group, to partner in realigning the strategic plan for the group. IFC is the largest global development institution focussed exclusively on the private sector in developing countries. The bank at the beginning of the year looked at developing its strategic plan with a vision to become a driving force for a financially empowered Sri Lanka. IFC will bring in best practices and leverage its experience from across different regions to help NDB during this transformation process. The signing of the agreement was held at NDB Head Office with the patronage of senior officials from the bank and IFC.