Abdullo Makhmudov

Senior Consultant

Abdullo Makhmudov currently serves as a senior consultant specializing in PPP (Project Management) at Infrasia Capital Ltd.
Prior to joining the company in 2022, Abdullo pursued his Master’s in Sustainable Economic Development Policy Program at the KDI School of Public Policy and Management in South Korea between 2022 and 2023.
In addition to his academic pursuits, Abdullo successfully passed the CFA Level exam in November 2023, demonstrating his commitment to professional development and expertise in financial analysis and investment management.
From 2018 to 2022, Abdullo held various positions within the Debt Management Department of the Ministry of Finance of Uzbekistan, culminating in his promotion to Head of Division. In this capacity, he spearheaded efforts to attract loan and grant funds from International Financial Institutes.
Key Achievements:
• Successfully secured budget support loans totaling over USD 1 billion from International Development Institutes between 2021 and 2022.
• Annual preparation of loan and project documents for signing, totaling more than USD 4 billion across energy, education, healthcare, infrastructure, and other sectors.
• Actively participated in the first hedging operations of USD 200 million in foreign debt with JP Morgan Chase & Co., mitigating exchange rate risks.
• Played a pivotal role in preparing project impact evaluation reports.
• Acted as the principal negotiator in loan negotiations with the World Bank, Asian Development Bank, and other entities on behalf of Uzbekistan.
• Facilitated the issuance of more than USD 2 billion in Eurobonds and USD equivalent of 200 million SDG bonds in collaboration with underwriters such as Citi Bank.
• Participated in the acquisition of Uzbekistan’s sovereign credit rating operations.
• Participated in Uzbekistan’s debut Eurobond issuance.
• Evaluated feasibility study documents, project appraisal documents, and project operating manuals, as well as procurement plans.