Usha Rao-Monari

Usha Rao-Monari (born 27 July 1959) is an Indian investment, development policy, and water resources specialist.[1][2] She served as Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP) from April 2021 to July 2023.[3]

Usha Rao-Monari
Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP)
In office
17 February 2021 – July 2023
Appointed byAntónio Guterres
Preceded byMourad Wahba
Succeeded byHaoliang Xu
Personal details
Born (1959-07-27) 27 July 1959
Hyderabad, India
Alma materLady Shri Ram College for Women

Jamnalal Bajaj Institute of Management Studies

Columbia University
ProfessionInvestment
Development policy
Water resources

Rao-Monari graduated with a bachelor's degree in Economics from Lady Shri Ram College for Women (LSR), University of Delhi, and earned a Masters in International Finance from The School of International and Public Affairs at Columbia University (SIPA).[4]

Early life and education

Rao-Monari was born on 27 July 1959 in Hyderabad, India. Her father worked for the World Health Organization, and Rao-Monari graduated from the International School Manila in 1976.

She graduated from Lady Shri Ram College for Women (LSR), University of Delhi, with a bachelors in Economics, before pursuing a Masters in Management Studies at the Jamnalal Bajaj Institute of Management Studies, Mumbai. Rao-Monari was also awarded a Masters's degree in International Finance from The School of International and Public Affairs at Columbia University (SIPA).[4]

Career

Upon graduation from Jamnalal Bajaj Institute of Management Studies, Rao-Monari worked for A.F. Ferguson & Co. as a management consultant. In 1985, Rao Monari moved to Prudential-Bache Securities to establish an investment banking division in New York and London, advising on cross-border mergers and acquisitions.

In 1991, Rao Monari was appointed to the World Bank Young Professionals programme at the World Bank Group, before joining the International Finance Corporation (IFC), part of the World Bank Group. Developing an expertise in water management, Rao-Monari grew the IFC's utilities (water, waste, downstream/midstream gas, renewable energy, hydroelectric power) investment program to cover multiple sectors and significantly increased its natural gas program.

As Global Head, Water and Waste Sectors, Infrastructure Department, Rao-Monari founded the 2030 Water Resources Group (WRG) in 2008, as a public-private-civil society collaboration to facilitate dialogue, convening and solutions on water resources reform in water-stressed emerging market economies. The IFC appointed her Director, Sustainable Business Investment Advisory Practice, in 2012, after which Rao-Monari joined Global Water Development Partners[5] (a Blackstone portfolio company) in 2014. In May 2022, she was appointed to the Global Commission on the Economics of Water which aims to study the value of the world's water, and work out ways of ensuring supply.

United Nations

On 17 February 2021, United Nations Secretary-General António Guterres announced[6][7][8][9] the appointment of Usha Rao-Monari to the role of Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP).[10][11]

Other activities

Rao-Monari has held a number of positions in public and private organizations, including:

Publication history

Rao-Monari has written and contributed to many articles and chapters which are part of notable publications, including:

  • Usha Rao-Monari, We can decide to live within the limits of our planet, World Economic Forum, 22 February 2022.[16]
  • Kevin Liffey, Can COP26 help poorer countries save the world?, Reuters, 5 October 2021.[17]
  • Usha Rao-Monari, UNDP Gender Equality Strategy: 2020 Annual Report, UNDP, 28 July 2021.[18]
  • Usha Rao-Monari Want to build back better? Let innovators come to you, World Economic Forum, 21 July 2020.[19]
  • The Wealth of Nations in the 21st Century – Book III: Of the different Progress of Opulence in different Nations, 9 March 2020.[20][21]
  • Usha Rao-Monari, Water: Why we need business as unusual, Water Unite, 27 August 2019.[22]
  • Liquidity crisis, The Economist, 5 November 2016.[23]
  • Smart card ensures water for all, BBC, 14 March 2012.[24]
  • Sarah, Murray, Keep it clean: the world’s water and sanitation challenge, Financial Times, 6 April 2010.[25]

Speeches
  • RockCreek at COP26: Deploying Transformational Capital, 17 November 2021.[26]
  • Working Together to Discuss Water Around the World with Usha Rao-Monari, The Policy Circle, 10 November 2021.[27]
  • Partnering to get back on track to end AIDS by 2030, UNDP, 22 September 2021.[28]
  • A Green Transition Starts with Blue Water, World Economic Forum, 22 September 2021[29]
  • SDG Finance in Least Developed Countries: Focus on Malawi, UNDP, 21 September 2021.[30]
  • Friends of the UN Inter-Agency Task Force on the Prevention and Control of Non-Communicable Diseases, 21 September 2021[31]
  • Reuters Impact Conference: Flagging EM clean energy investment poses concern, 5 October 2021.[32]

Personal life

Usha Rao-Monari is married with two children and lives in the United States.

References
  1. "Usha Rao-Monari assumes role as new Associate Administrator for the United Nations Development Programme". 8 April 2021. Retrieved 14 June 2022.
  2. "Usha Rao-Monari". United Nations Development Programme. Retrieved 28 April 2022.
  3. "UPL Re-Appoint Usha Rao-Monari As Independent Director". Free Press Journal. 19 August 2023. Retrieved 11 September 2023.
  4. "India's Usha Rao-Monari appointed as Under-Secretary-General and Associate Administrator of UNDP". The Indian Express. 18 February 2021. Retrieved 11 September 2023.
  5. "Blackstone Energy Partners Establishes Global Water Development Platform". 27 March 2022. Retrieved 14 June 2022.
  6. "Usha Rao-Monari appointed new Associate Administrator for the United Nations Development Programme". 17 February 2021. Retrieved 14 June 2022.
  7. "India's Usha Rao-Monari appointed as Under-Secretary-General and Associate Administrator of UNDP". The Indian Express. 18 February 2021. Retrieved 1 September 2022.
  8. "Usha Rao-Monari appointed UN Under-Secretary-General". South Asia Monitor. 18 February 2021. Retrieved 1 September 2022.
  9. "Usha Rao-Monari appointed UN Under Secretary General". India Post Newspaper. 22 February 2022. Retrieved 1 September 2022.
  10. "UN Development Programme Associate Administrator Usha Rao-Monari visits Lebanon". UNDP. 21 June 2022. Retrieved 1 September 2022.
  11. "Support to youth and education, and the vital role of the private sector, key areas discussed by Assistant Administrator, Usha Rao-Monari during her visit to Jordan". UNDP. 21 June 2022. Retrieved 1 September 2022.
  12. "CDP North America welcomes Usha Rao-Monari to its Board of Directors". 18 June 2020. Retrieved 14 June 2022.
  13. "Appointment Of Ms. Usha Rao-monari As An Additional Director (Independent & Non-executive Director) On The Board" (PDF). 7 November 2021. Retrieved 14 June 2022.
  14. "Blackstone Energy Partners Establishes Global Water Development Platform". 27 March 2014. Retrieved 14 June 2022.
  15. "Usha Rao-Monari" (Press release). World Economic Forum. Retrieved 24 August 2022.
  16. Rao-Monari, Usha; Howard, Steve (22 February 2019). "We can decide to live within the limits of our planet". Retrieved 14 June 2022.
  17. Liffey, Kevin (5 October 2021). "Can COP26 help poorer countries save the world?". Retrieved 14 June 2022.
  18. Rao-Monari, Usha (8 June 2021). "Annual Report on the Implementation of UNDP Gender Equality Strategy, 2018–2021". Retrieved 14 June 2022.
  19. Rao-Monari, Usha (21 July 2020). "Want to build back better? Let innovators come to you". Retrieved 14 June 2022.
  20. "The Wealth of Nations in the 21st Century" (PDF). 9 March 2020. Retrieved 14 June 2022.
  21. Walker, Peter (8 November 2021). "Adam Smith 'would have supported climate regulation' – Sturgeon". Insider. Retrieved 1 September 2022.
  22. Rao-Monari, Usha (27 August 2019). "Water: Why we need business as unusual". Retrieved 14 June 2022.
  23. "Liquidity crisis". 5 November 2016. Retrieved 6 December 2021.
  24. "Smart card ensures water for all". 14 March 2012. Retrieved 14 June 2022.
  25. Murray, Sarah (6 April 2010). "Keep it clean: the world's water and sanitation challenge". Retrieved 14 June 2022.
  26. Rao-Monari, Usha (17 November 2021). Deploying Transformational Capital (Speech). RockCreek at COP26. Retrieved 14 June 2022.
  27. Rao-Monari, Usha (10 November 2021). Working Together to Discuss Water Around the World with Usha Rao-Monari (Speech). The Policy Circle. Retrieved 14 June 2022.
  28. Rao-Monari, Usha (22 September 2021). Partnering to get back on track to end AIDS by 2030 (Speech). UNDP. Retrieved 14 June 2022.
  29. Rao-Monari, Usha (22 September 2021). A Green Transition Starts with Blue Water (Speech). World Economic Forum. Retrieved 14 June 2022.
  30. Rao-Monari, Usha (21 September 2021). SDG Finance in Least Developed Countries: Focus on Malawi (Speech). UNDP. Retrieved 14 June 2022.
  31. Rao-Monari, Usha (21 September 2021). Friends of the UN Inter-Agency Task Force on the Prevention and Control of Non-Communicable Diseases (Speech). UNDP. Retrieved 14 June 2022.
  32. Rao-Monari, Usha (5 October 2021). Reuters Impact Conference: Flagging EM clean energy investment poses concern (Speech). Reuters. Retrieved 1 September 2022.
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