Edward Nassim retired in 2007 from the World Bank's International Financial Corporation (IFC) where he was Vice President for operations in Africa, Europe and the Middle East and a member of the Management Group. Mr. Nassim also served as Director of the IFC's operations in Europe and was stationed in Moscow from 1996 to 2006. In 1989, Mr. Nassim was appointed the first Director of the Corporate Finance Services Department, which is responsible for providing advice on privatization and restructuring world wide. Mr Nassim has been involved in providing policy advice on privatization in Czechoslovakia and Poland and restructuring and privatizing some of the first large state companies in both countries, including the first companies to be privatized through an IPO. He was also involved in setting up the share distribution system in Poland for sales to local and foreign investors. Mr. Nassim was instrumental in setting up organizations to privatize hundred of thousands of small businesses through an open auction system first in Russia, then in the Ukraine and other countries in the CIS. He was also engaged in the privatization of the trucking system, and agricultural cooperatives, and the mass privatization of about 2000 medium / large companies in Russia. In addition, Mr. Nassim set up organizations in Russia, Ukraine and some of the surrounding countries to provide advice on corporate governance and improving the business climate for the SME sector, introduce leasing, introduce lending for energy efficiency, introduce housing finance, and securitize mortgages. Mr Nassim holds undergraduate and graduate degrees from Imperial College, London University and an MBA from the Harvard Business School. To reach this expert, please contact the World Bank's Media Division. Updated September 19, 2008. | 
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