The Secretariat’s senior management team lead the various divisions of the Secretariat, providing the management capabilities to execute the day-to-day operations of the Fund.
Executive Director A.I.
Javier Manzanares is the Executive Director ad interim at GCF. Prior to his current role, he was Director and Representative of UNOPS in the MERCOSUR region, based in Argentina. He was formerly Division Manager of Investment and Development Banking at the Central American Bank for Economic Integration. Javier also worked as the Executive VP for two privately held banks of Grupo Fierro. His career in banking and finance began with Banco Santander/BSCH in the United States, Hong Kong and Japan. Javier holds a dual MBA from Northwestern University / Kellogg (USA), an EMBA from Hong Kong University of Sciences & Technology (China), and is currently a Ph.D. candidate at INHA University in the Republic of Korea.
Ayaan is the Director of the Private Sector Facility. She brings to GCF over 20 years of investment and portfolio management experience with private sector financial institutions, private equity and venture capital across Africa, Asia, Latin America, Middle East and Eastern Europe. Prior to joining GCF, Ayaan served as an independent senior advisor to a number of leading sustainable investment institutions, including as a Board Member and Chair of the Board Sub-Committee of Credit and Risk of Oikocredit International. In addition to serving as Managing Director of Africa Funds at UK-based CDC Group Plc, she spent 17 years at the International Finance Corporation in various senior leadership roles in the headquarters and in the field. Ayaan holds an M.Sc. in Finance and Management from the MIT Sloan School of Management (1994), and Bachelor degrees in mathematics and economics from Clark University (1990).
Pa Ousman Jarju is Director of GCF's Country Programming Division. Formerly, he was the Gambian Minister of Environment, Climate Change and Natural Resources and Chair of the Least Developed Countries (LDC) Group to the United Nations Framework Convention on Climate Change (UNFCCC). Pa Ousman was Special Climate Change Envoy of the Gambia and has extensive diplomatic experience across the 47 LDCs, China, the United States and the European Union. He has gained wide-ranging managerial experience in the Gambia's Department of Water Resources as its Director and then overseeing Minister. Pa Ousman holds advanced diplomas from the Institute of Commercial Management (UK) and the IHE Institute for Water Education (the Netherlands), as well as a Bachelor of Engineering in Chemical Engineering.
CFO and Director Support Services A.I.
Sunil JhunJhunwala is the interim Chief Financial Officer (CFO) and Director of Support Services of GCF. He has over 21 years of extensive professional experience spread across public accounting firms, the manufacturing, service and development sectors. Before joining GCF, he held several senior positions, including at the International Rice Research Institute in the Philippines and Tata Communications International Pte Ltd in Singapore. Throughout his career, Sunil has served in different countries and has worked with with teams across the globe. He is a Chartered Accountant (India), Company Secretary (India), and a Certified Public Accountant (USA). He also holds an MBA from the National University of Singapore.
Dr Oyun Sanjaasuren is the Director of External Affairs. A former Member of Parliament from Mongolia, Oyun has extensive experience in representing international organisations. She served as the first President of the United Nations Environment Assembly, the governing body of UN Environment. After leaving the Government of Mongolia in 2016, she was appointed Chair of the Global Water Partnership, an intergovernmental organization to advance water security by working with over 3,000 institutional partners in more than 180 countries. Oyun's five consecutive terms in Mongolia's Parliament included stints as Minister of Environment and Green Development (2012-2014) and Minister of Foreign Affairs (2007 – 2008). Holding a Ph.D. in Earth Sciences from the University of Cambridge, Oyun has also been a prominent advocate of civil and social rights.
Dr German Velasquez (Jerry) is the Director of GCF's Mitigation and Adaptation Division. He has worked for various United Nations departments on environmental conventions and governance, as well as on disaster vulnerability and risk, since 1994. With the UN Office for Disaster Reduction (UNISDR) he supported the development of the Sendai Framework for Disaster Risk Reduction. Jerry previously led the largest association of cities promoting resilience – the UN Making Cities Resilient Campaign – with more than 3,600 members globally. With UN Environment (UNEP) and the Global Environment Facility (GEF) he helped countries to implement multilateral agreements, in particular the Rio Conventions. Jerry received a Master and Doctor of Engineering degree on Hydrology and Water Resources from Nagoya University (Japan).
Head of Risk Management and Compliance
Mitch Carpen is the head of Risk Management and Compliance, and has over 25 years of experience designing, leading and implementing a broad range of growth, realignment and startup initiatives in the finance, risk and portfolio management functions of global financial and governmental organisations. He worked with the State of New Jersey in the United States and McKinsey & Company as an Executive Director to start up an energy infrastructure bank. Before this he was an Assistant General Manager at Bank of Tokyo-Mitsubishi in Singapore, where he led the establishment of the risk function for the new regional headquarters. He also was a Managing Director at Societe Generale's risk team in New York City. Mitch has a master's degree in Mathematics of Finance from Columbia University in New York City and a master's and bachelor's degree in Economics and Information Science from Rutgers University in New Jersey.
Carolina Fuentes is the Secretary to the Board at GCF. She was formerly Deputy Director General for International Cooperation at the Ministry of Environment and Natural Resources in Mexico, where she was in charge of climate change, international cooperation, and engagement with economic and environmental organisations such as the OECD and CEC. She previously worked as Director for Climate Change in the same ministry where she represented Mexico in international climate change negotiations. Carolina holds a Master's degree in Nature, Society, and Environmental Policy from the University of Oxford (UK).
Head of Internal Audit
Mark is the Head of the Internal Audit Office. He was previously an audit partner at KPMG, where he focused on emerging economies and the development sector. He was also a member of KPMG’s international steering committee on the development sector from 2007 to 2016. Before joining GCF, he was based in Viet Nam and the Lao People's Democratic Republic, and has had extensive experience in Cambodia, Thailand, Myanmar and Mongolia. He also served in the Ministry of Agriculture, Fisheries and Food of the United Kingdom, and was an auditor in KPMG London and Slovakia. Mark qualified as a chartered accountant in 1992 and is a Fellow member of the Institute of Chartered Accountants in England and Wales. Mark holds a Master of Arts degree in Modern History from the University of Oxford.
Douglas Leys is the Green Climate Fund’s General Counsel. He has accumulated extensive experience in the public and private sectors, including several decades of service with the Solicitor-General’s Office in Jamaica. This culminated in his appointment as Jamaica’s Solicitor General, before moving to GCF. In addition, as General Counsel of the Caribbean Development Bank (CDB), Douglas negotiated several loans with international commercial banks and provided legal assistance to Dominica and Grenada on the restructuring of their international and regional debt obligations in 2005. He holds the rank of Queen’s Counsel, a position reserved for persons who have distinguished themselves at the bar in the Commonwealth.
Head of Portfolio Management
Sohail Malik is the Head of Portfolio Management at GCF. He has over thirty years of international development experience in progressively responsible portfolio management positions in public, private, international nongovernmental, bilateral and multilateral donor organisations. He previously worked for the Navajo Nation in the United States, developing and implementing its Water Use Master Plan in support of its water rights over the Colorado River. He was also the Resident Representative of IUCN in Pakistan. While working with Islamic Development Bank, USAID and Swiss Agency for Development Cooperation, he managed high value complex portfolios in the areas of sustainable livelihood, natural resource management, climate change, food security, disaster risk management, governance and gender. Sohail has a bachelor's degree in Civil Engineering and a master's degree in Structural Engineering from Arizona State University, U.S.A.
Head of Strategic Planning
Kilaparti Ramakrishna (Rama) is the Head of Strategic Planning at GCF. He was previously in charge of the UN Economic and Social Commission for East and North-East Asia (UNESCAP-ENEA), where he also serviced the North-East Asian environmental cooperation (NEASPEC). Rama was a lead author of the Fifth Assessment Report (and several others) by the Intergovernmental Panel on Climate Change (IPCC). His experience includes five years with UN Environment, as well as with the Woods Hole Research Center, a leading scientific policy institute on climate change. In addition, Dr Ramakrishna taught students at various law schools, including Fletcher School of Law and Diplomacy, Harvard Law School, Boston University and College Law Schools, as well as at Brandeis and Yale. He is an elected life member of the US Council on Foreign Relations. Rama holds bachelor's degrees in sciences and law, and master's and Ph.D. degrees in international law.
Songdo, Republic of Korea
The Green Climate Fund is headquartered in Songdo, Incheon City, Republic of Korea, where it opened its doors in December 2013. The GCF Board selected Songdo as the host city following an open bid process that saw six countries submit host country proposals. The Headquarters Agreement between the Republic of Korea and GCF was signed in June 2013 and entered into force in August 2013.
Songdo is a planned city, built on reclaimed land and part of the Incheon Free Economic Zone. It is located some 65 km southwest of Seoul and lies within close proximity to Incheon International Airport (ICN). The offices of GCF are located in G-Tower, an eco-friendly building that is also home to several United Nations agencies.
GCF is proud to be located within the Incheon Free Economic Zone, a twenty-first century business city which has been built from scratch since 2003, and is developing into an innovative and high-tech business hub for Northeast Asia. The city hosts over 75 multinational companies and twelve international organisations including the World Bank and the Green Climate Fund. It provides a gateway to Seoul, with its population of 23 million, and has close proximity to major cities in China including Beijing and Shanghai, serviced by Incheon International Airport.
You can read more about the Incheon Free Economic Zone here.
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