Kevin Kime has joined the International Finance Corp. as a senior financial officer in the structured finance division, according to well-placed sources. Kime previously worked at Standard & Poor's, where, as director, he covered emerging market transactions, with a focus on future flows deals from Eastern Europe, ex-USSR, and the Middle East. His work at the IFC will center on Eastern Europe. Kime reports to team leader Lee Meddin.
Since an officer was not previously dedicated to the region, the post is essentially new and furthers the IFC's efforts to beef up its business in emerging markets structured finance, particularly in the blooming field of Eastern Hemisphere securitizations. The bank is still looking to hire another emerging markets player to bring the division to ten people. The IFC has been active in the emerging markets structured finance as a guarantor and purchaser of subordinated debt, among other roles.