InfraCredit has appointed Boo Hock Khoo, a leading figure in Asia’s development finance landscape, as an Independent Non-Executive Director. This addition adds depth and international experience to the company’s board as it continues to expand its impact in Nigeria’s infrastructure financing space.
Khoo is widely recognised as one of the pioneers of modern credit guarantee institutions across Asia. With nearly three decades of experience mobilising private capital for infrastructure and sustainable development, his appointment underscores InfraCredit’s strategy of strengthening its governance with globally tested expertise to deepen Nigeria’s domestic capital markets.
From Malaysia to Lagos
Born in March 1970 in Malaysia, Khoo holds a Bachelor’s degree in Management Information Systems from the University of Mount Union and an MBA from Ohio University. His career has been defined by his work in building financial systems that channel private capital into long-term infrastructure investments.
He began his career in Malaysia’s capital markets, serving as head of Infrastructure Ratings at RAM Ratings Services between April 2008 and May 2009. He later became deputy chief executive officer of Danajamin Nasional Berhad, Malaysia’s first financial guarantee insurer, where he helped deepen the country’s corporate bond market from 2009 to 2011.
From 2012 to 2019, Khoo was vice president of operations at the Credit Guarantee and Investment Facility (CGIF), a $700 million ASEAN+3 trust fund managed by the Asian Development Bank. There, he oversaw transactions that strengthened regional bond markets and expanded investor confidence across Asia.
He is also co-founder and chairman of the Development Guarantee Group (DGG), which designs and operates guarantee mechanisms to unlock private investment for sustainable infrastructure. Through DGG, he helped establish the Green Guarantee Company (GGC), the world’s first climate-focused financial guarantor dedicated to accelerating green investment in developing economies. He also chairs InfraZamin Pakistan, a credit enhancement facility supported by the Private Infrastructure Development Group (PIDG) and Karandaaz Pakistan, which promotes local-currency financing for infrastructure projects.
Commenting on his appointment, Khoo said, “It’s an honour to support InfraCredit’s continued progress. Its success in Nigeria is an inspiration to many countries around the world.”
InfraCredit’s Chairman, Sanjeev Gupta, said Khoo’s appointment “strengthens the company’s mission to unlock long-term local currency financing for sustainable infrastructure.” CEO InfraCredit, Chinua Azubike, added that Khoo’s “firsthand expertise from Asia’s success stories” will be invaluable as InfraCredit deepens Nigeria’s domestic capital markets and explores expansion opportunities across frontier economies.