The United Nations Office for Project Services (UNOPS)
Vitaly Vanshelboim named Chief Executive of UNOPS impact investing initiative
The appointment paves the way for the initiative to officially launch operations from its new base in Helsinki, Finland.
UNOPS S3i initiative is currently under review.
Up-to-date information can be found here.
United Nations Secretary-General António Guterres has appointed former UNOPS Deputy Executive Director, Vitaly Vanshelboim, as Assistant Secretary-General and Chief Executive of UNOPS Sustainable Infrastructure Impact Investments (S3I) initiative*.
“It is a tremendous honour to be appointed by the Secretary-General to this position and to be given the opportunity to drive this important initiative forward in the years to come,” said Mr. Vanshelboim.
UNOPS is strongly committed to helping find new ways to finance inclusive, resilient and sustainable development activities that generate positive social, economic and environmental impacts. S3I aims to break down barriers and create attractive opportunities for private sector investors to engage in long-term development initiatives – with a focus on affordable housing, renewable energy and health infrastructure.
Through S3I, we have already kick-started one of most ambitious affordable housing projects in the world, committing to build around 860,000 homes in Ghana, India, Kenya, Pakistan and the Caribbean.
“As Chief Executive, I look forward to helping accelerate progress towards the 2030 Agenda through innovative public-private sector partnerships,” said Mr. Vanshelboim.
S3I will formally launch operations from its new base in Helsinki, Finland later this year. The government of Finland and the city of Helsinki have strongly backed the initiative, providing financial and other support for an initial period of four years.
*In January 2020, UNOPS changed the full name of S3I from Social Impact Investing Initiative to Sustainable Infrastructure Impact Investments.