Press Room

World Bank's Funke Oyewole Joins Root Capital's Board of Directors


Cambridge, MA, January 31, 2013 - Root Capital is proud to welcome Funke Oyewole as the newest member of our Board of Directors. Funke Currently serves as the Deputy Program Manager for the Climate Investment Fund Administrative Unit at the World Bank.

A Nigerian national and  lawyer by training, Funke is a member of the New York and Nigeria bar associations as well as the United States Court of International Trade. She practiced as an attorney in Washington DC for several years before joining the World Bank in 1997. She first served as the external affairs officer for the Bank's work in Health and Education, developing strategies to raise awareness of the World Bank’s work in health and education. Ms. Oyewole also served as the program coordinator for the Commodity Risk Management group, and team leader for Corporate Affairs at the Global Environment Facility (GEF), where she managed the GEF’s country relations and led the country dialogue with GEF Member countries and external partners, and special assistant to the vice president for Operations and Country Services (OPCS) in the World Bank. She currently serves as the deputy program manager for the Climate Investment Fund Administrative Unit. The Climate Investments Fund is a $7 billion fund which provides funding to developing countries to address climate change issues. 

About Root Capital

Root Capital is a nonprofit social investment fund that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses. As of Q3, 2012 Root Capital has disbursed more than $450 million in credit to over 400 businesses. These loans have helped Root Capital clients improve incomes and livelihoods for more than 500,000 rural producer households. For more information, visit

Thursday, January 31, 2013