IFC-Milken Institute Spring 2021 Newsletter



IFC-Milken Institute Spring 2021 Newsletter

This quarter in the IFC-Milken Institute Capital Markets Program:

New Cohort of Capital Market Scholars Arrives in Washington, DC »
COVID-19 Protocols and Timeline for Our Class»
Meet the Spring 2021 Scholars »
Alumni Building Content to Understand COVID-19 in Africa»

Capital Markets Program

New Cohort of Capital Market Scholars Arrives in Washington, DC

Please join us in welcoming our sixth cohort of IFC-Milken Institute Capital Market Scholars, who have recently arrived in Washington, DC! Our new class includes 19 participants from nine countries (Cameroon, Eswatini, Ghana, Kenya, Liberia, Nigeria, Pakistan, Uganda, and Uzbekistan), and half of our Spring 2021 scholars are women.

After two weeks of self-quarantine and online math and finance boot camp, this impressive group began in-person classes at the George Washington (GW) University School of Business this week. They also kicked off the weekly IFC-MI Speaker Series with a special discussion with Mike Milken. We are very grateful to GW leadership and faculty for making an exception for our program: Ours is currently the only group allowed to access the School of Business in-person this semester. Throughout the semester, scholars will interact in a near-bubble environment in compliance with strict COVID-19 health and safety protocols. These efforts will allow us to keep fostering in-person connections, bonding, and peer exchange, which are core to the long-term success and impact of our program. 

Capital Market Scholars

The Spring 2021 Class met with IFC Vice President & Treasurer John Gandolfo, Milken Institute CEO Mike L. Klowden, and GWSB Dean Anuj Mehrotra on February 25 to celebrate the successful completion of Bootcamp.  

 COVID-19 Protocols and Program Timeline for Our Class

Safety remains our top priority. For this reason, all scholars live within walking distance of campus (no public transit exposure), are tested weekly for free by the university, and are spaced far apart in one of GW’s larger classrooms. Classes are also offered in a hybrid format (in-person but also transmitted live on Zoom) for any scholars or faculty who may need to follow along from home due to any exposures or symptoms that may arise during the semester. 

Alongside and to supplement the academic courses safely, we will be offering all supplementary training (IFC-Milken Institute Speaker Series with practitioners, regulatory workshops with the US Securities and Exchange Commission, etc.) online. Throughout the semester, the virtual format will also allow for more frequent engagement and interaction between our current scholars and our 100+ alumni around the world. Several of our alumni already met the class virtually last week to share tips and advice for succeeding in this demanding and fast-paced program.

Once our scholars complete their GW coursework in June 2021, they will undertake internships in the US financial industry from July through October 2021. Internships will take place in a range of formats (remote, hybrid, and in-person) depending on safety conditions and host company policies. We will be in touch with many of our past internship hosts and program supporters in the coming days regarding opportunities to get involved!

 Meet Our IFC-Milken Institute Spring 2021 Class

Salma Abdulgani, Central Bank of Kenya

Rowland Ayitey Addy, Ghana SEC

Kanwal Aisha, Pakistan SEC

Hauwa Mohammad Danmadami, Nigeria SEC

Imeobong Ekong, Nigeria SEC

Farruh Hamdamov, Uzbekistan Ministry of Finance            

Patience lwelomen, Nigeria SEC

Anne Njeri Kariuki, Central Bank of Kenya 

Vusani Khoza, Central Bank of Eswatini

Patrick Macharia, Central Bank of Kenya 

Haris Bin Mohsin, Pakistan SEC

Esi Monney, Ghana SEC

Anne Nalo, Kenya Capital Markets Authority

Abdulkareem Ndanusa, Nigeria SEC

Kefa Ngoiri, Kenya Capital Markets Authority

Anthony Ngomlokojo, Bank of Uganda

Armand Brice Ngoupeyou, Bank of Central African States

Allison K. Telee Jr., Liberia Ministry of Finance

Jackson Wilson, Pakistan SEC

 Alumni Building Content to Understand COVID-19 in Africa

Our alumni and scholars continue making valuable contributions to the Milken Institute’s COVID-19 Africa Watch website, where they are compiling an oral history that can help us better understand and respond to the economic and policy implications of the pandemic in Africa. Here are some of our latest posts:

COVID-19 Africa Watch Interview Series

Anthony Murimi from the Central Bank of Kenya interviewed Frank Aswani, CEO of the African Venture Philanthropy Alliance, on ways to bolster Africa’s social investment ecosystem to accelerate economic recovery from the pandemic.

Anthony Murimi and Frank Aswani


Adwoa Difie Boakye-Mensah from the Ministry of Finance of Ghana interviewed Yawa Hansen-Quao, executive director of emerging public leaders, on the importance of strengthening Africa’s public service to build back better and improve the response to future crises.

Adwoa Difie Boakye-Mensah and Yawa Hansen-Quao



Leah Simasiku Kusensela from the Zambia SEC interviewed Vivian Nwakah, CEO of Medsaf, regarding equitable access and distribution of pharmaceuticals and vaccines in Nigeria.

Leah and Vivian


Walter Pacheco from the Ministry of Finance of Angola interviewed GW Professor Danny Leipziger regarding the sovereign debt implications of the pandemic.

Danny and Walter

View the full interview series

The IFC-MI Capital Markets Program counts on a wide range of companies to participate as speakers, internship hosts, and sponsors. To get involved as a partner company, please contact Carole Biau (cbiau@milkeninstitute.org).

The following intake of the IFC-MI Capital Markets Program will begin classes in Washington, DC, in August 2021. To find out more, please contact Kateryna Timina (ktimina@ifc.org).

Published March 3, 2021