Jingdong Hua is Vice President and Treasurer of the World Bank. He also serves as the Pension Finance Administrator of the World Bank Group.
As Vice President and Treasurer of the World Bank, he is responsible for the capital markets operations and oversees an annual funding program of US$60 to 70 billion through debt issuances of IBRD and IDA. He leads a global team of capital markets professionals in the prudent management of US$200 billion debt portfolio; US$170 billion asset portfolio managed for the World Bank Group and over 70 clients. He heads the World Bank Treasury’s capacity building, advisory and capital market intermediation services in financial analytics, asset management, and financial solutions for its clients.
As Pension Finance Administrator of the World Bank Group, he supervises the investment and administration of the World Bank Groups pension plans—with US$30 billion assets under management invested in a diverse pool of asset classes including fixed income, public and private equities, real estate and alternatives.
Mr. Hua was previously Vice President and Treasurer of IFC, where he established a global treasury and focused on the development of local currency debt capital markets and innovative financial products and solutions. During his tenure, IFC has significantly increased its local currency financing capacity to benefit private sector clients. He led market-opening and innovative bond issuances and structured financial products in emerging markets including Rwanda, Nigeria, Indonesia, Colombia, Uzbekistan, and India. He also significantly enhanced IFC’s loan syndications and co-investment program which has mobilized over US$60 billion for private sector development.
Prior to IFC, Mr. Hua served as Deputy Treasurer at the Asian Development Bank (AsDB) in Manila. He previously held various positions in the treasury departments of AsDB, the United Nations Development Program (UNDP) in New York, and the African Development Bank (AfDB) in Abidjan.
A Chinese national, he started his career in 1983 with China National Chemical Construction Corporation. He holds a B.S. in Chemical Engineering from Qingdao University of Science and Technology, an MBA Finance from the University of Texas at Arlington and a Master of Public Administration (MPA) from Columbia University.