Brazilian to Head International Trade Investment Promotion Agency India wins Vice-PresidencyApr.24 :The president of the Brazilian Trade and Investment Promotion Agency (Apex-Brasil), Alessandro Teixeira, is the new president of Waipa (World Association of Investments Promotion Agencies).
The CEO, IBEF , Mr Jayant Bhuyan, contested the election for vice-presidency and was elected as one of the two Vice-Presidents of WAIPA. The second agency to be elected to vice-presidency is the Tanzania Investment Centre. IBEF is managed by Confederation of Indian Industry (CII).
WAIPA was established in 1995 and is registered as a non-government organisation (NGO) in Geneva, Switzerland. The Association currently has 220 member agencies from 154 countries.
The election took place in Accra (Ghana) on April 18 during the World Investment Forum (WIF), the most important event in Waipa´s calendar. Alessandro Texeira received the support of 49 representatives from countries in Latin America, Africa, Asia and Europe, from a total of 68 votes. He defeated Ziad Bahaa-El Din from Egypt and won 70% of the votes. The vice-presidents elected were Raymond Peter Mbilinyi, from Tanzania, and Jayant Bhuyan, from India.
Teixeira will have a mandate of two years. In his welcoming speech to the member agencies, elected deputy directors and directors, he highlighted the importance of dialogue and the interchange of information between the agencies and the need to strengthen the partnerships with multilateral institutions to leverage resources and finance large projects in the member countries. “We will continue the work of dialogue among the agencies. By exchanging information and sharing best investment practices we will improve the work of every agency,” he said.
Teixeira defended partnerships with institutions like the World Bank, FIAS and UNIDO (United Nations Industrial Development Organization). “Waipa has the potential to pursue resources which can be used to leverage large projects,” he said. He also highlighted the fundamental role the Association should perform at a time when the global economy is starting to slow down. “The work of the investment agencies must be efficient not only to attract foreign investments but also to ensure that they bring benefits to all the recipient countries,” he added. Teixeira also underlined the challenge of coordinating the efforts of 226 agencies from 156 different countries.
New memoranda of understanding were signed between four investment promotion agencies from Africa - three from South Africa and one from Ghana. The memoranda were signed on behalf of South Africa by the president of Invest North West, Gaba Tabane, the executive secretary of Trade and Investment Limpopo, Mantate Catherine Mokoma, the president of the Durban Investment Promotion Agency, Russell D. Curtis, and the president of the Ghana Investment Promotion Centre, Robert Ahomka Lindsay. The partnership foresees cooperation in initiatives to promote trade and organize investment missions.
The choice of a Brazilian to head Waipa will give Brazil greater visibility in attracting investments. “We are working hard to establish the image of Brazil as a country which is committed to excellence and quality,” Teixeira said shortly after his election.
WAIPA
Waipa promotes the disclosure of best investment practices, such as training to promote and attract investments and interchange among the agencies. It has a total of 214 members representing countries from all continents. Waipa´s Consultative Committee is made up of the most important multilateral bodies linked to the development and promotion of foreign direct investment: Foreign Investment Advisory Service – FIAS of the World Bank; IEDC – International Economic Development Council; OECD – Organization for Economic Cooperation and Development; UNCTAD – United Nations Conference for Trade and Development and UNIDO – United Nations Industrial Development Organization.
WAIPA Council Members
1. ApexBrasil – Brasil - President2. IBEF - India – Vice President 3. Tanzânia Investment Centre – Vice President4. CGCI – Camarões5. Yemen General Investment Authority – Republic of Yemen 6. Prosperar – Invest in Argentina - Argentina7. CIPA – China8. Invest in New Zealand9. AISA – Afeganistão10. ITD – Hungria11. Invest in Spain - Espanha12. ProMexico – México13. Proesa – El Salvador14. PAIF – Eslovênia15. Invest North West – Africa do Sul
Profile of Alessandro Golombiewski Teixeira

Alessandro Golombiewski Teixeira holds a PhD in Technological and Industrial Competitiveness from the University of Sussex, England, and master's degree in Economy of Latin America from the University of São Paulo. He coordinated the group of Industrial, Technological and Foreign Trade Policy of the Federal Government. As head of the technical team of APEX-Brasil, from January 2003 to February of 2004, he increased support to the exporting sectors, encouraged the growth of the number of small and average-sized companies in foreign trade and developed commercial promotion actions in places such as Russia, India, England, the Middle East, Poland, South America, Africa and China, which were key to the redesign of the exporting geography of the country. Teixeira’s work in the Agency is reflected in the increased diversity of Brazilian exportation and market trade that were incipient until his arrival. He was a member of the transition team of the Luiz Inácio Lula da Silva Administration in the area of Development, Foreign Trade and Tourism.
He has wide international experience, having been a consultant for the Department of Trade and Industry (DTI) and the National Health System (NHS) of the British Government in Business Development, and consultant for the International Academy of Science, in Paris, in Technological Development. He also worked, in the academic area, as Professor and Researcher of International Marketing, E-Commerce and Industrial Economy of the University of Sussex, in England, and in the Federal University of Rio Grande do Sul.
He was awarded by the Sassakawa Foundation of Japan with the title "Young Leader". Also in the private sector, he was director of Research and Market of Divisions LTD., of England, and manager of exportations in the textile and clothing segment and economic consultant for the Foundation Institute of Economic Studies (FIPE).
Born in Rio Grande do Sul, he directed the area of International Affairs of the Government of Rio Grande do Sul and was responsible for the Program of Promotion of Gaucho Exportations.
Alessandro Teixeira is 34 years old.
Profile of Jayant Bhuyan
Mr. Jayan Bhuyan is CEO, India Brand Equity Foundation (IBEF) & Deputy Director General, Confederation of Indian Industry. He was educated at St. Stephens College, University of Delhi, where he did is Economics (Hons) for his graduation. He then went on to complete his Masters in History. He joined the Confederation in 1975.
Mr. Bhuyan has held several positions at CII. He was in charge of CII operations in the United Kingdom for two years and was stationed in London. He has headed the International Division at CII. In addition, Mr. Bhuyan has also held senior positions in the regions being the Regional Director of CII in the Northern Region and the Western Region.
He has interacted extensively with State Governments in promoting industrial policy and has represented CII at several international conferences.
He joined ASSOCHAM as a Secretary General in February 2000 and held that position until February 2004.