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UN Capital Development Fund Sets Off on Strategic Reimagining Around Blended Finance with Appointment of New Executive Secretary
The United Nations Capital Development Fund (UNCDF)—the UN’s catalytic finance entity for developing countries—announced last week that Mr. Pradeep Kurukulasuriya (Sri Lanka) will commence his tenure as Executive Secretary for the organization.
In assuming the position, Kurukulasuriya as Executive Secretary will focus on strengthening the organization’s unique capability to crowd-in finance to scale development impact where the needs are greatest—a capability rooted in UNCDF’s unique investment mandate to blend and deploy grants, loans and guarantees as well as related advisory services, especially in least developed countries.
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