DAILY NEWS ANALYSIS

GS-I : Art and Culture Persons in News

06 January, 2021
3 Min Read

Preeti Sinha- To lead United Nations Capital Development Fund

Preeti Sinha- To lead United Nations Capital Development, Fund

The United Nations Capital Development Fund (UNCDF) has appointed Preeti Sinha as its Executive Secretary.
She is an Indian-origin investment and development banker.

Highlights

The executive secretary will work with her focus on providing micro-finance assistance to women, youth, and small and medium-sized enterprises belonging to the underserved communities.
The Executive Secretary is the highest leadership rank in the UNCDF.
Ms Preeti will oversee the efforts made by the organisation in delivering the scalable impact so as to make the international financial environment work for the frontier and pre-frontier markets of the world.

About United Nations Capital Development Fund (UNCDF)

The UNCDF was established in the year 1966 by the United Nations General Assembly to promote economic development across the world.
It is headquartered in New York.
The organisation helps in providing micro-finance access to the Least Developed Countries (LDCs).
It also has the mandate to unlock the full potential of public and private finance.
The organisation makes public and private finance work for the poor in 47 least developed countries (LDCs) of the world.

Source: ANI

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GS-II : International Relations International Organizations

12 December, 2020
3 Min Read

Preeti Sinha- To lead United Nations Capital Development Fund

Preeti Sinha- To lead United Nations Capital Development, Fund

The United Nations Capital Development Fund (UNCDF) has appointed Preeti Sinha as its Executive Secretary. She is an Indian-origin investment and development banker.

Highlights

The executive secretary will work with her focus on providing micro-finance assistance to women, youth, and small and medium-sized enterprises belonging to the underserved communities.
The Executive Secretary is the highest leadership rank in the UNCDF.

About United Nations Capital Development Fund (UNCDF)

The UNCDF was established in the year 1966, by the United Nations General Assembly to promote economic development across the world.
It is headquartered in New York.
The organisation helps in providing micro-finance access to the Least Developed Countries (LDCs).
It also has the mandate to unlock the full potential of public and private finance.
The organisation makes public and private finance work for the poor in 47 least developed countries (LDCs) of the world.

Source: ANI

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