Alison Harwood is committed to promoting finance as a force for positive change. She is a Senior Fellow with the Milken Institute’s Global Market Development practice, where she leads work on sustainable and innovative finance, focusing on issues around mobilizing private capital to finance the Sustainable Development Goals. Alison is a recognized leader in building capital markets in emerging market countries to mobilize private finance for sustainable development. She has run large, cross-cultural, mission-driven operations in leading global organizations, setting strategies, policies, and overseeing execution.
Previously Alison was Global Head of Capital Markets for the World Bank Group (WBG), where she oversaw an international portfolio of advisory operations to help build local markets in all emerging market regions. She and her team received several awards for developing innovative new financial instruments and collaborative partnerships that combined financing, advisory, and real sector resources to better help clients address largescale challenges. Alison also led groups working on corporate governance, non-bank financial institutions, and institutional investors. She headed the WBG’s G20 work on local currency bond markets and represented the WBG at organizations like IOSCO. She earlier was a Principle Securities Market Specialist at the IFC, advising on securities market development and related IFC investments and transactions.
Before joining the WBG, Alison was Director of the Capital Markets Practice at the Barents Group, KPMG’s emerging markets consulting arm and Resident Advisor with the Harvard Institute for International Development in Indonesia, advising on developing Indonesia’s financial sector to support its economic growth. She began her career at the Federal Reserve Bank of New York and held several positions that addressed policies and risks in US financial markets and cross-border transactions.
Alison is on the Board of Cifi, which finances and invests in sustainable infrastructure in Latin America, and the Securities Advisory Board of the Toronto Centre. She has published several books and articles and frequently speaks on finance and development in emerging capital markets. She has an MBA and Masters in International Affairs from Columbia University.