Stephanie Von Friedeburg

Stephanie von Friedeburg (SFS’87) is a managing director at Citi, leading efforts to scale DFI Strategic Partnerships. Friedeburg is leveraging her extensive infrastructure/project finance background and ESG-aligned financing to support sovereign clients’ national agendas and private client needs. She is a respected partner and trusted advisor to a global network of senior decision-makers in governments, public and private corporations, and non-governmental entities. Friedeburg’s extensive knowledge of global affairs and emerging markets informs her assessment of investment opportunities in fluid economic environments. 

In 2022, she completed a successful 30-year career with the World Bank Group. As a chief operating officer at the International Finance Corporation, she oversaw global investment and advisory operations across 100+ country offices, a $1 billion annual operating budget, and 2,200+ staff. Friedeburg led commercial and investment banking, venture capital, and private equity services for clients in emerging markets, generating more than $30 billion in new business annually. During her chairmanship of the Investment Committee, the $60 billion global portfolio had NPLs in single digits, a final 12-month rolling average return on equity of 20%, and the highest client satisfaction survey in the institution’s history. 

As a WBG’s senior leadership member, Friedeburg pioneered innovative solutions to complex development challenges, gaining support from the WBG’s Board of Executive Directors. These included IFC’s seminal capital increase, the 2030 strategy, and WBG’s business transformation. She successfully led the adoption of a cloud-first strategy, which achieved cost savings, increased client satisfaction, and a seamless pivot to remote work. During her career at IFC, Friedeburg led the global telecom, media, and disruptive technology businesses (mobile, digital infrastructure, and fintech). The mezzanine/equity transactions yielded one of IFC’s most profitable portfolios with an IRR of 20+%. Friedeburg started her career leading a country-based team driving the Russian Mass Privatization Program, working closely with the Russian Federal Ministry on the first large privatization auctions. She then managed IFC’s advisory and the first sizable investments in industrials in Eastern Europe. 

In recognition of her work, Friedeburg was named to Yahoo’s 2021 Heroes 100 List for driving change and increasing gender diversity in the workplace and CIO Magazine’s CIO 100 Award for Outstanding Business Technology Leadership in 2015/2017. She currently shares her expertise as a member of the Global Business Advisory Board for the McDonough School of Business at Georgetown University. Previously, Friedeburg served as a board member and alternate chair of the IFC Asset Management Company. She also served on the Ukrainian National Investment Council, the Advisory Board of BOX.ORG, the CIO Advisory Board of Greylock Partners, and as vice-chair of the Bank-Fund Staff Federal Credit Union Board of Directors. Friedeburg earned a B.S. from the School of Foreign Service at Georgetown University, an M.A. from the Lauder Institute, and an MBA from the Wharton School at the University of Pennsylvania.