In Focus: Halting Illicit Financial Flows

In Focus: Halting Illicit Financial Flows

Date: November 08, 2018

Guest: Dr. Vera Songwe

In this episode of In Focus, we explore the impact of Illicit Financial Flows from Africa on the continent's development as well as measures for combating it with Dr. Vera Songwe, Executive Secretary of United Nations Economic Commission for Africa (UNECA).

Dr. Vera Songwe

Executive Secretary, United Nations Economic Commission for Africa

Dr. Vera Songwe took up her new role as the Executive Secretary of UNECA on 03rd August, 2017. Before joining UNECA, she was Regional Director of the International Finance Corporation, covering West and Central Africa. In addition, she continues to serve as a non-resident Senior Fellow at the Brookings Institution’s Africa Growth Initiative. She is also a member of the African Union Institutional Reform Team under the direction of the President of Rwanda, Paul Kagame, and a board member of the African Leadership Network and the Mo Ibrahim Foundation. Previously, she was Country Director for the World Bank, covering Cape Verde, the Gambia, Guinea-Bissau, Mauritania and Senegal. She was also Adviser to the Managing Director of the World Bank for Africa, Europe and Central and South Asia and a lead Country Sector Coordinator for the organization. She had earlier served as the World Bank’s Senior Economist in the Philippines.

Prior to joining the World Bank, she was a Visiting Researcher at the Federal Reserve Bank of Minnesota and at the University of Southern California. She holds a PhD in Mathematical Economics from the Center for Operations Research and Econometrics and a Master of Arts in Law and Economics and a Diplôme d’études approfondies in Economic Science and Politics from the Université Catholique de Louvain in Belgium. She also has a Bachelor of Arts degree in Economics and Political Science from the University of Michigan. She is also a graduate of Our Lady of Lourdes College in Cameroon and has published widely on development and economic issues.