WASHINGTON, March 4, 2024—The World Bank Treasury announced a partnership with Girls Who Invest, a non-profit organization dedicated to transforming the investment management industry by advancing women investors, change-makers, and leaders to improve gender representation in the World Bank’s investment management teams.
The World Bank Treasury will host Girls Who Invest summer scholars on their investment management teams in addition to Treasury’s existing summer internship program. Founded in 2020, the internship program has hosted over 50 interns worldwide, representing 20 nationalities and a full gender balance.
Girls Who Invest provides tuition-free training in core finance and investment concepts to participating scholars. With training in investment management, the skills they bring to the World Bank Treasury will enrich the quality of the summer cohort.
"As we celebrate International Women’s Day, the World Bank is partnering to go farther together," said Jorge Familiar, Vice President & Treasurer, World Bank. "As the largest investment manager in the development community, we are delighted to partner with Girls Who Invest to advance women in asset management roles and our status as the trusted partner for public asset managers."
"We are thrilled to partner with The World Bank and to have Girls Who Invest Scholars join the esteemed Treasury Summer Internship Program. It’s especially meaningful to announce our partnership during Women's History Month. The World Bank Treasury leadership is dedicated like us to advancing women in finance and investing and together we will make meaningful change for generations to come,” said Seema Hingorani, Founder and Chair of Girls Who Invest.
About the World Bank Treasury
The World Bank Treasury manages the finances of IBRD and IDA to enable all World Bank operations and lending. Treasury acts as a trusted advisor to our member countries to support financial stability and resilience. As a global asset management leader, Treasury prudently manages over $235 billion in assets including overseeing investment of the World Bank Group's pension fund's assets, the largest asset manager in the development community. With over 70 years of innovation in the capital markets, Treasury issues over $50 billion in bonds and processes over $7 trillion in transactions every year. Learn more at treasury.worldbank.org.
About Girls Who Invest
Girls Who Invest (GWI) is a non-profit organization dedicated to transforming the investment management industry by attracting and advancing women and non-binary investors, change-makers, and leaders. To date, more than 2,500 scholars have been trained in investment management by GWI in just eight years, over 70% of whom pursue full time careers in the industry. GWI does this through tuition-free education programs for first- and second-year college students. Beyond our programs, GWI provides career advisory services, community building, and support for our alumni at all stages in their careers, with a focus on long-term professional development, retention, and advancement. We believe, and evidence-based research shows, that advancing diverse investors brings unique and previously excluded perspectives to the industry and leads to higher performance. To learn more, visit GirlsWhoInvest.org.
