Mengistu Alemayehu: The right way of making money

Alemayehu talks to Shyamal Majumdar about IFC's investment philosophy, why it would like to take part in the restructuring of India's PSBs and things about India that remind him of his country

Mengistu Alemayehu says he has been to more countries than he can count, (“I know more than a hundred of them reasonably well’), courtesy his job at International Finance Corporation (IFC). By that yardstick, the 49-year-old bachelor has spent a long time in India — close to three years as IFC’s director, South Asia. Though he travels a lot, Alemayehu, born in Addis Ababa, had made many trips to India even before his current job and finds the country — Hindi movies, in particular — familiar territory. That’s because of his Indian English teachers since Grade VI in Ethiopia. Mother