InfraCredit Appoints Mr. Boo Hock Khoo as Independent Non-Executive Director
Lagos, Nigeria | 7 October 2025— InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, is pleased to announce the appointment of Mr. Boo Hock Khoo to its Board of Directors as an Independent Non-Executive Director.
Mr. Khoo is a recognised leader in development finance with nearly three decades of experience establishing and managing credit guarantee institutions that have strengthened local capital markets and expanded access to infrastructure finance across Asia and other emerging economies. He is the Co-Founder and Chairman of the Development Guarantee Group (DGG), an institution that brings together global expertise to design and operate guarantee solutions that mobilise private capital for sustainable development. Through DGG, he helped establish the Green Guarantee Company (GGC), the world’s first solely climate focused financial guarantor.
He also serves as Chairman of InfraZamin Pakistan, a credit enhancement facility supported by the Private Infrastructure Development Group (PIDG) and Karandaaz to promote local financing for infrastructure. Previously, he served as Deputy Chief Executive Officer of Danajamin Nasional Berhad, Malaysia’s first financial guarantee insurer, and as Vice President of Operations at the Credit Guarantee and Investment Facility (CGIF), a US$700 million ASEAN+3 trust fund managed by the Asian Development Bank. In these roles, he contributed to strengthening local-currency bond markets and expanding private investment in infrastructure.
Mr. Khoo’s leadership across these institutions demonstrates his long-standing commitment to using credit enhancement to deepen domestic capital markets and mobilise private finance for sustainable infrastructure.
Mr. Boo Hock commented, “What an honor indeed to support InfraCredit’s continued progress as it is now the global leader in the renaissance of guarantors; recovering the use of guarantees for the developing world. Its success in Nigeria is an inspiration to many countries around the world.”
Speaking on Boo Hock’s appointment, Mr. Sanjeev Gupta, Chairman, Board of Directors, InfraCredit, stated: “I am delighted to welcome Mr. Khoo to our Board. As co-founder of the Development Guarantee Group and a pioneer of guarantor institutions across Asia and other emerging markets, he brings deep expertise in credit enhancement and market development. His appointment strengthens InfraCredit’s mission to unlock long-term local currency financing for sustainable infrastructure and paves the way for meaningful sharing of experience and expertise across frontier markets that are seeking ways of mobilising domestic capital for economic development.”
Mr. Chinua Azubike, Chief Executive Officer of InfraCredit, noted: “With nearly three decades in finance spanning credit ratings, project advisory, and guarantee operations, with extensive expertise in credit enhancement and market development, Mr. Boo Hock Khoo brings firsthand expertise from Asia’s success stories to support InfraCredit’s growth. Having pioneered institutions such as Danajamin, Credit Guarantee and Investment Facility (CGIF), InfraZamin, and the Green Guarantee Company, his experience in advancing local capital markets will be invaluable as InfraCredit continues to pursue its strategic priorities in deepening our domestic capital markets to unlock sustainable, long-term financing for infrastructure and exploring expansion opportunities”
For further enquiries, please contact:
Infrastructure Credit Guarantee Company Plc
Media Enquiries: [email protected] /[email protected]
Guarantee Enquiries: [email protected]
Phone: +234 0201 631 2300 – 29
Note to the Editor
About InfraCredit
InfraCredit (www.infracredit.ng) was established in 2017 as a first-of-its-kind ‘AAA’(NG) rated specialised local currency infrastructure credit guarantee institution, created to support long-term local currency infrastructure financing in Nigeria. InfraCredit’s guarantees enhance the credit quality of local currency debt instruments issued to finance eligible infrastructure-related assets. Its guarantees serve as a catalyst to attract long-term domestic institutional capital from pension funds, insurance firms, and other investors, thereby deepening Nigeria’s debt capital markets. InfraCredit’s investors include the Nigeria Sovereign Investment Authority, UK Foreign, Commonwealth & Development Office (through PIDG and MOBILIST), KfW Development Bank, Africa Finance Corporation, and African Development Bank, alongside domestic pension funds and insurance firms. As at April 2025, InfraCredit was listed as a public company and admitted to trading on the NASD. It maintains the highest domestic financial strength ratings accorded to any financial institution by Agusto & Co., Global Credit Ratings, and international rating agency, Fitch Ratings.
