LSF selects Bhagat to chair CRC
05 February 2025 UK
Image: LSF
The Liquidity and Sustainability Facility (LSF) has appointed Vipul Bhagat as chairman of its Credit Risk Committee (CRC).
In his new role, Bhagat is responsible for recommending comprehensive risk policies, ensuring rigorous compliance monitoring, and providing investment risk oversight.
Reporting directly to the LSF board, he leads the implementation and ongoing refinement of the LSF Risk Management Framework.
Bhagat brings more than three decades of experience in financial services and risk management to the post.
He joined the LSF in August 2024 as a senior advisor.
At the same time, Bhagat serves as an independent board member at Banco de Oro Unibank, and a board member of the Bank-Fund Staff Federal Credit Union, while also on the Finance Committee of VisionSpring.
Previously in his career, he spent nearly 30 years at World Bank Group’s International Finance Corporation (IFC), where he specialised in investments in institutions throughout emerging markets.
As senior client relationship director, Bhagat managed key relationships with global financial institutions and private equity groups, focusing on sourcing, executing, and managing transactions that balanced impact and bankability in emerging markets.
Vera Songwe, founder and chairwoman of the LSF, comments: "Mr Bhagat's extensive experience at leading global institutions will be instrumental in ensuring that we fulfil our mission within the most rigorous risk management and compliance parameters.”
In his new role, Bhagat is responsible for recommending comprehensive risk policies, ensuring rigorous compliance monitoring, and providing investment risk oversight.
Reporting directly to the LSF board, he leads the implementation and ongoing refinement of the LSF Risk Management Framework.
Bhagat brings more than three decades of experience in financial services and risk management to the post.
He joined the LSF in August 2024 as a senior advisor.
At the same time, Bhagat serves as an independent board member at Banco de Oro Unibank, and a board member of the Bank-Fund Staff Federal Credit Union, while also on the Finance Committee of VisionSpring.
Previously in his career, he spent nearly 30 years at World Bank Group’s International Finance Corporation (IFC), where he specialised in investments in institutions throughout emerging markets.
As senior client relationship director, Bhagat managed key relationships with global financial institutions and private equity groups, focusing on sourcing, executing, and managing transactions that balanced impact and bankability in emerging markets.
Vera Songwe, founder and chairwoman of the LSF, comments: "Mr Bhagat's extensive experience at leading global institutions will be instrumental in ensuring that we fulfil our mission within the most rigorous risk management and compliance parameters.”
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