 | | Edward V.K. Jaycox, Chairman of the Board
Mr. Jaycox served as vice president of the World Bank in charge of Africa operations for over 12 years (1984-96). During this period he managed the design and negotiation of structural adjustment programs in over 30 African countries and approved over US$30 billion in loans and credits to support economic policy reform and projects in all major sectors. Mr. Jaycox has been an outspoken supporter of the need to develop leadership and managerial capacity in Africa. He was a founder of the African Capacity Building Foundation in Harare, Zimbabwe, and the Global Coalition for Africa based in Washington, DC. Mr. Jaycox currently serves as managing director of Emerging Markets Partnership in Washington and CEO of the AIG African Infrastructure Fund, a $500 million private equity fund focused on investment in selected African countries. Mr. Jaycox holds an A.B. from Yale College and a Master's degree from Columbia University School of International Affairs. |
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 | | Paul Armington, President
Mr. Armington began his career as an economist working in the IMF's Research Department, where he specialized in international trade and helped to found the IMF's "World Economic Outlook" methodology and publication. Later, at the OECD, he was instrumental in bringing about the international agreement known as the Smithsonian Realignment of Exchange Rates (1971). From 1975-86 Mr. Armington worked as an economist in the private sector, collaborating with the London School of Business, Ford Foundation, Forex Research Ltd., Wharton Econometric Forecasting Associates, and the World Bank, as well as teaching at the University of Pennsylvania. In 1986 Mr. Armington joined the World Bank as a senior economist. He also served as division chief and advisor in the International Economics Department, and then for three years as principal economist in the Africa Region's Capacity Building Unit. I |
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