Head, Derivatives and Structured Finance, World Bank
Michael Bennett has spent fifteen years with the World Bank, splitting his time between the World Bank’s Paris office and its Washington, DC headquarters, with a primary focus on structured finance. Among other areas, he is responsible for the World Bank Treasury’s transactional work in the area of Islamic finance. His notable transactions in this area include the World Bank’s only sukuk issuance to date, a MYR 760 million issue in 2005, as well as arranging a US$500 million international sukuk for the International Finance Facility for Immunization in 2014. He has also published numerous articles on Islamic finance topics, including on ethical sukuk, sukuk financing for green infrastructure projects, Islamic derivatives and the intersection of Islamic finance and socially responsible investing. Prior to joining the World Bank, he worked in the capital markets field in New York, Tokyo and Hong Kong. He is a graduate of Columbia University Law School in New York.