Keiko Honda has been appointed executive vice-president, political risk insurance of the Multilateral Investment Guarantee Agency (Miga).

She joins the PRI arm of the World Bank from McKinsey & Co, where she was a director and the company’s first woman senior partner in Asia. She previously served on a number of Japanese government committees, including the Council of Regulatory Reform and the Committee on the Promotion of Economic Partnership Agreements and Free Trade Agreements.

Honda, now the most senior executive at Miga, says: “I am very pleased to join Miga and welcome this opportunity as the agency strengthens its role with another record year in supporting investments into those countries that need it the most. My top priority will be to carry on this significant work that helps end poverty, improve lives, and boost shared prosperity.”