Şebnem Erol Madan

Şebnem Erol Madan

Practice Manager for the Infrastructure Finance, PPPs & Guarantees (IPG) Global Practice, World Bank

At the World Bank, Şebnem serves as the Practice Manager for Infrastructure Finance, PPPs & Guarantees. She also oversees the World Bank guarantee program. She and her team collaborate with sector teams, government clients, commercial counterparts, IFC, and MIGA to develop programmatic approaches to mobilize private capital for climate-smart projects through financial structuring, targeted credit enhancements, and technical assistance. 

She has over 20 years of experience in structured credit markets (including infrastructure bonds, project finance, bridge loans, mezzanine, and asset-backed securities). Prior to joining the World Bank in 2015, Şebnem was a Managing Director at Nomura and previously at Deutsche Bank. She worked closely with issuers, institutional investors, commercial banks, and rating agencies in designing, underwriting, and placing innovative finance solutions for new borrowers and with new investors. She holds a bachelor’s degree from Boğaziçi University in Istanbul and an MBA from the Wharton School of Business at the University of Pennsylvania.