About Us

Who We Are

The UN Capital Development Fund was established in 1966 by the UN General Assembly

It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme.

What We Do Where We Work

History of UNCDF

Assists developing countries in the development of their economies by supplementing existing sources of capital assistance by means of grants, loans and guarantees, first and foremost for the least developed among the developing countries

UN General Assembly Resolution 2186, 13 December 1966

UN General Assembly Resolutions

These UN General Assembly resolutions establish the founding framework for UNCDF and the work it carries out

GA 1521 — 15/12/1960

The UN General Assembly decides, in principle, that a United Nations capital development fund should be established.


GA 2042 — 08/12/1965

The UN General Assembly resolves to ensure the beginning of the operations of a United Nations capital development fund at an early date.


GA 2186 — 13/12/1966

The UN General Assembly decides to bring into operation the UN Capital Development Fund as an organ of the General Assembly, as an autonomous organization within the UN.


GA 2321 — 15/12/1967

The UN Secretary-General is invited to ask the Administrator of UNDP to administer UNCDF by performing the functions of the Managing Director.


GA 3122 — 13/12/1973

The UN General Assembly decides on the feasibility of using the United Nations Capital Development Fund first and foremost for the least developed among the developing countries.


GA 3249 — 15/12/1974

The UN General Assembly invites all countries, especially those developed countries which have not so far contributed to UNCDF, to provide substantial voluntary contributions to the Fund so as to make it fully operative and effective.


A unique mandate and focus on the LDCs

Governance and Funding

The UN Capital Development Fund was created in 1966 by the UN General Assembly. It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme.

The UNDP Executive Board also functions as the UNCDF Executive Board. The Executive Board—officially the UNDP/UNFPA/UNOPS Executive Board—consists of 36 member states from regional groupings that serve on a rotating basis and meet three times per year. About two-thirds of the Executive Board is comprised of programme countries, while the remaining third is made up of donor countries. The Executive Board is subordinate to the Economic and Social Council and, ultimately, the United Nations General Assembly.

The Administrator of UNDP is also the Managing Director of UNCDF. The Executive Secretary has been entrusted with administering the majority of UNCDF operations.

Similar to UNDP, UNCDF receives contributions from member states and international development partners. The financial architecture of UNCDF is comprised of core voluntary contributions, flexible non-core funding, and earmarked funds. In the past decade, UNCDF's annual financing has more than doubled.

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The Executive Board is responsible for providing inter-governmental support to and supervision of the activities of UNDP, UNFPA and UNOPS in accordance with the overall policy guidance of the General Assembly and Economic and Social Council, and the responsibilities set out in the United Nations Charter.

Executive Board Investing in UNCDF

Our Team

Our team of professionals and specialists provides informed direction on the underlying programming agenda and positioning of the organization

Pradeeep Kurukulasuriya, Executive Secretary

With extensive experience in environment finance and climate finance, Pradeep has provided strategic leadership and oversight of multi-billion dollar portfolios across numerous countries.

Shaima Hussein, Special Advisor the Executive Secretary

With over 2 decades of experience. Her extensive international development experience, leadership, and adept programme management skills have been cultivated through various roles within the UN.

Henri Dommel, Director, Inclusive Finance

Henri Dommel, a French national, joined UNCDF as Director of Financial Inclusion in 2007.

David Jackson, Director, Local Development Finance

David Jackson, a British national, has over 30 years of experience in Local Development.

Anders Berlin, Director, LDC Investment Platform

Anders Berlin was previously the Head of Unit for Loans and Guarantees at Sida, and managed a portfolio of about 50 projects around the world.

Nick K. Kolev, Senior Adviser

Nick Kolev has joined UNCDF as Senior Advisor, Capital Markets for Development (Director) based in New York reporting to the Executive Secretary. Prior to UNCDF, Nick served as Senior Manager at FirstRand Group.

John Rutere, Head, Office of Finance & Management Services

Prior to joining UNCDF, John worked with UNDP for the last 12 years in the Office of Financial Resource Management (OFRM) where he held various roles including Chief of Financial Performance Management where his responsibilities.

Christel Alvergne, Regional Coordinator, WCA

Christel Alvergne, a French national, joined UNCDF in 2008, and is now the Regional coordinator for West and central Africa.

Maria Perdomo, Regional Coordinator, Asia Pacific

Maria Perdomo became UNCDF's Regional Coordinator for Asia in 2021 and brought with her 15 years of experience working with public and private sector stakeholders to bring finance to the most excluded in the LDCs..

Casper Sonesson, Policy Adviser

Casper Sonesson joined UNCDF in 2020 as Head of Policy. Prior to joining UNCDF, Casper served as Global Policy Adviser on the role of extractive industries and private sector.

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To make it easier for you to keep track of the latest employment opportunities, contact details and frequently asked questions at UNCDF, we've created these helpful resources:


When UNCDF has open positions for which applications are sought from the public, they will be advertised on this website.

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Contact Us

Find out where our offices are around the world.

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Frequently Asked Questions

Learn about the fundamentals of UNCDF and the organization's activities in the LDCs.

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A unique mandate and focus on the LDCs

Impact Capital for Development

to invest in infrastructure and human development to build institutions, establish market systems, support entrepreneurship, harness the potential of youth and achieve basic standards of living for all.

What We Do

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