WB executive directors as of January 2020
This is an internal, informal, confidential document.
Latest update: Jan. 2020
The MFD approach seems to be consensual among EDs and they were disappointed we were not supporting the capital increase. On PPPs, several of them acknowledge the shortcomings of this financing model but the discussion did not move to the next level. However, there seems to be room for discussion when it comes to accountability and transparency.
Full list of Executive directors: https://drive.google.com/file/d/19GC0ThadDYAS8Dm-yIO4igRKsYtnvNU1/view?usp=sharing
European EDS Updates (Jan. 2020) are here: https://docs.google.com/document/d/1PgEJ1I8pM7P11vZAFKZTt944HjRZXFM67JpKXO8_bn4/edit?usp=sharing
Erik BETHEL GONZALEZ (Alternate Executive Director: EDS01, Executive Directors)
Constituency: Mr. Erik Bethel was nominated to serve as the Alternate Executive Director representing the United States.
Appointed: in April 2018 (03/22/2018 - Confirmed by the Senate by Voice Vote for a term of two years)
Masanori Yoshida (Executive Director: EDS02, Executive Directors
Constituency: Masanori Yoshida is the World Bank Group (WBG) Executive Director representing Japan
Appointed: since August 6, 2018.
Biography: Mr. Yoshida held the position of WBG Alternate Executive Director from 2000 to 2003. Mr. Yoshida has had a long career at the Ministry of Finance in Japan and held numerous leadership positions.
His prior post before coming to the Bank was as Deputy Vice-Minister of Finance for International Tax Policy where supervised the ministry’s international tax policy, represented the government in the Inclusive Framework on BEPS and co-chaired the Forum on Harmful Tax Practices, Committee on Fiscal Affairs, Organization for Economic Cooperation and Development.
He has also worked in the international macroeconomic fields, including the capacity of Senior japanDeputy Director-General (G7, G20, FX policy), and led various offices at the Ministry of Finance: International Bureau, Budget Bureau and Tax Bureau, and Minister’s Secretariat.
Mr. Yoshida also worked at other international organizations; at the International Monetary Fund as an Advisor in the European Department, Mission Chief for the Czech Republic, and at the Asian Development Bank as an Assistant to the President. Mr. Yoshida earned a B.A. in Economics from Waseda University, Japan, in 1984; and an M. Phil, Economics, Oxford University, U.K. in 1988, where his research topics include optimal taxation. Also, he was a research associate at the Center for International Affairs, Harvard University, Cambridge, MA.
Kenichi Nishikata (Alternate Executive Director: EDS02, Executive Directors)
Kenichi Nishikata serves as the Alternate Executive Director for Japan at the World Bank Group (WBG) since July 2017. Previously, he held the position of Senior Advisor to the Executive Director for Japan from 2006 to 2009.
Mr. Nishikata joined the Ministry of Finance (MOF), Japan, in 1996. Since then he held various leadership positions in the national public administration in different capacities, including Advisor to the Deputy Chief Cabinet Secretary, Prime Minister’s Office (2015-2017); Director of the Office of Policy Planning, Ministerial Secretariat, MOF, (2013-2015); Principal Deputy Director of the Office for International Tax Policy, Tax Bureau, MOF (2010-2013); Deputy Director at the Planning and Coordination Div. Tax Bureau (2009-2010); Deputy Director at the Legislation and Planning Div., Financial Services Agency (2004-2006); Deputy Director at the International Criminal Affairs Div., Ministry of Justice (2002-2004); Section Chief, Office of the Vice Minister for International Affairs, MOF (2000-2002); Fiscal Investment and Loan Program Division, MOF, Tokyo (1996-1998). Mr. Nishikata earned an MPhil in Land Economy, Cambridge University, Cambridge in 2000; an MSc in Public Policy, University College London, in 2000; a Bachelor's of Law, Tokyo University, Japan in 1996.
Richard Montgomery (Executive Director: EDS03, Executive Directors)
Constituency: Richard Montgomery is the World Bank Group Executive Director representing the United Kingdom.
Appointed: beg. 2019
David Stephen KINDER (Alternate Executive Director: EDS03)
David Stephen Kinder is the Alternate Executive Director for the United Kingdom (EDS03) at the Board of the World Bank Group since December 29, 2017. Mr. Kinder also served at the Executive Director’s Office as Acting Alternate Executive Director and Senior Advisor to the Executive Director.
Hervé De Villeroché Executive Director: EDS04, Executive Directors
Appointed: He has been the Executive Director for France since March 13, 2013.
Pierre-Olivier Chotard, Alternate Executive Director: EDS04
Pierre-Olivier Chotard is the Alternate Executive Director for France since August 2018. Before this nomination, Mr. Chotard also served as Advisor to the Executive Director for one year. . https://docs.google.com/document/d/1PgEJ1I8pM7P11vZAFKZTt944HjRZXFM67JpKXO8_bn4/edit?usp=sharing
Jürgen Zattler Executive Director: EDS05, Executive Directors
Constituency: The German Office represents the Federal Government and supports the Executive Director.
Appointed: Jürgen Zattler has been the World Bank Group Executive Director representing Germany since May 2017.
Claus HAPPE (Alternate Executive Director: EDS05, Executive Directors)
Claus M. Happe is the German Alternate Executive Director to the Board of Executive Directors of the World Bank Group.
Shahid Ashraf Tarar (EDS06)
Biography: Shahid Ashraf Tarar, a Pakistan national, is an Executive Director at the Board of Executive Directors of the World Bank Group (WBG) representing the constituency of Afghanistan, Algeria, Ghana, Iran, Morocco, Pakistan and Tunisia since November 1, 2018. Mr. Tarar also served as Alternate Executive Director at the same ED office. Before joining the WBG, Mr. Tarar was the Chairman of the National Highway Authority (NHA) in Pakistan. His career spans over 38 years in leadership positions in Pakistan, including: Director General of the National Vocational and Technical Training Commission (NAVTTC), Secretary Excise and Taxation of the Government of Punjab, Federal Secretary of the Ministry of Communications, and Head of Economic Section, Consulate General of Pakistan in Los Angeles USA. Mr. Tarar holds a degree in Economics from University of Peshawar and also studied Public Policy and Administration at National School of Public Policy (NSPP), Pakistan.
Omar Bougara, Executive Director: EDS06, Executive Directors
Omar Bougara, an Algerian national, is the Alternate Executive Director at the Board of the World Bank Group representing the constituency countries of Afghanistan, Algeria, Ghana, Iran, Morocco, Pakistan and Tunisia. Mr. Bougara served as Executive Director from 2016-2018 and 2012-2014 for this consituency. Mr. Bougara's previous appointments included Chief of Staff to the Ministry of Finance in Algeria and Executive Director at the African Development Bank. He also served as Lecturer at the Ecole Superieure de Commerce in Algeria. Mr. Bougara holds a PhD and two Master Degrees in Management with a concentration in Finance from Universities in France and Great Britain.
Christine Hogan, Executive Director: EDS07, Executive Directors
Constituency: Canada, Ireland and the Caribbean
Appointed:Christine Hogan began her term as Executive Director for Canada, Ireland and the Caribbean at the World Bank Group in November 2016
Biography:Immediately prior to joining the World Bank Group, Ms. Hogan served as Deputy Minister for International Trade. Prior to this position, Christine was the Foreign and Defence Policy Advisor to the Prime Minister of Canada in the Privy Council Office. Throughout her career which began in 1988, Ms. Hogan has contributed to a diverse set of public policy issues ranging from international relations and development to trade policy to science and technology, and environment and energy. She has held positions in the Government of Canada including: Director of International Affairs at Environment Canada, Chief of Staff to the Deputy Minister of Environment, Senior Advisor on Science and Technology at Industry Canada, Director of Operations and Assistant Secretary to the Cabinet in the Privy Council Office, and Vice President of Strategic Policy and Performance at the Canadian International Development Agency (now Global Affairs Canada) where she led work on aid effectiveness and championed maternal, newborn and child health in the context of the 2010 G8 Summit. Ms. Hogan has also been a visiting executive with a major oil and gas company, EnCana Corporation, and an Adviser to the Executive Director of the United Nations Environment Programme (UNEP) in Nairobi, Kenya. She holds a Bachelor of Public Administration (Honours) from Carleton University and is a Yale University World Fellow.
Donna Harris, Alternate Executive Director: EDS07, Executive Directors
Donna Harris, a Guyana national, is the Alternate Executive Director at the World Bank Group representing Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Guyana, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines since November 2018.
Ms. Harris held various development and academic positions in Guyana, including Planning and Projects Manager at the Guyana National Engineering Corporation Ltd. in Georgetown and most recently was a senior Social Protection Specialist Specialist at the Inter-American Development Bank in Kingston Jamaica.
Ms. Harris earned a Bachelor’s degree in Social Science, Management (Distinction) at the University of Guyana in Georgetown, Guyana, and a Master’s degree in Science at the University of Bradford in Yorkshire, United Kingdom.
Adrian Fernandez (EDS08)
Constituency: Adrián Fernández, an Uruguay national, is an Executive Director at the World Bank Group (WBG) representing the constituency of Argentina, Bolivia, Chile, Paraguay, Perú and Uruguay
Appointed: since November 1st, 2018.
Biography: Mr. Fernández also served at the Executive Director's Office as Senior Advisor and Advisor to the Executive Director. Prior to joining the WBG, Mr. Fernández held the position of Director of the National Institute of Statistics in Montevideo, Uruguay for five years. From 1997 to 2008, he worked as researcher at the Centro de Investigaciones Económicas (CINVE) in Montevideo, Uruguay. Mr. Fernández earned BA in Economics at the Universidad de la República, in Montevideo and has held a position of econometrics professor since 1980 at this University.
Daniel Pierini, Alternate Executive Director: EDS08, Executive Directors
Daniel Pierini, an Argentina national, was appointed Alternate Executive Director for the constituency of Argentina, Bolivia, Chile, Paraguay and Uruguay in May 2016. Prior to joining the World Bank Group, Mr. Pierini has held several positions in the Ministry of Foreign Affairs, including Ambassador of Argentina to Finland, Estonia and Latvia Affairsril 2016); Advisor to the Secretary of Foreign Affairs (2008-2010); Chargé d’Affaires, Embassy of Argentina in Greece (July 2001); Head of the Technical Cooperation and Press Section, Embassy of Argentina in Italy (2000-2007); Chief of Staff, Office of the Minister of Foreign Affairs (1997-1999); Advisor to the Secretary of Institutional Relations (1996-1997); Head of the Cultural Section at the Embassy of Argentina in Spain (1993:1996); and Head of the Trade and Consular Section, Embassy of Argentina in Iran (1991-1992).
Mr. Pierini holds a Master in International Trade, Universidad degli Studi di Roma III, 2004. In 1985, he graduated as Public Accountant with a Specialization in Financial Management, Universidad Nacional del Sur, Bahia Blanca, Province of Buenos Aires, Argentina.
He took several high-level courses, including: Applied Mathematics and Rural Development, Universidad Gregoriana, Roma (2002); International Negotiation, United Nations Development Program (UNDP), Buenos Aires (1989); International Financial Management, School of Economics, University of Buenos Aires (1989); Advanced Diplomatic Training Program, Foreign Service Institute, Ministry of Foreign Affairs, Argentina (1988-1989).
Kunil Hwang, Executive Director: EDS09, Executive Directors
Constituency:Kunil Hwang, a Korean national, is the Executive Director of the World Bank Group representing Australia, Cambodia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Federated States of Micronesia, Mongolia, Nauru, New Zealand, Palau, Papa New Guinea, Samoa, Solomon Islands, Tuvalu, and Vanuatu
Appointed: since November 1, 2018.
Biography:Mr. Hwang has had a long career at the Ministry of Economic and Finance (MOEF) in Korea where he served in high-level positions, most recently as Deputy Minister for International Affairs. Mr. Hwang also served as He has also served as Director General at the MOSF’s International Financial Policy Bureau as well as Director General for the MOSF’s Planning and Coordination Office. Previously, he served as Minister Counselor for Economic Affairs at the Republic of Korea’s Embassy in the United States and as Director General at the Presidential Office (The Blue House) for Economic Affairs. He also worked as an economist at the Office of the Chief Economist at the European Bank of Reconstruction and Development in the U.K. from 2001 to 2004. Mr. Hwang received his Master in Economics from the University of Oregon, Eugene, Oregon, United States, and his Master in Economic Policy-Making from Seoul National University, Seoul, Korea
Gerard Antioch, Alternate Executive Director: EDS09
Gerard Antioch, an Australian national, is the World Bank Group Alternate Executive Director representing Australia, Cambodia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Federated States of Micronesia, Mongolia, Nauru, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Tuvalu, and Vanuatu since November 2018.
Before joining the WBG, Mr. Antioch served as Chief of Staff, Office of the Minister for Revenue and Financial Services; Minister for Women; Minister Assisting the Prime Minister for the Public Service, Parliament House. Prior to this, Antioch held various high-level positions in the Australian government mostly at The Treasury as General Manager at the Tax Framework Division, General Manager at the Foreign Investment and Trade Policy Division; Principal Adviser of the Tax White Paper Task Force and Federation White Paper Task Force; and Principal Adviser, Strategic Communications Division.
Mr. Antioch also served as Minister-Counsellor (Economic) Australian Permanent Delegation to the OECD; and Vice-chairman, OECD’s Economic and Development Review Committee, Paris, France; Executive Member, Foreign Investment Review Board, Canberra; and Australian National Contact Point, OECD’s Multinational Enterprise Guidelines, Canberra. Mr. Antioch holds a Master’s degree in Economics, Australian National University, Canberra, Australia.
Constituency Guenther Schoenleitner, an Austrian national, is the Alternate Executive Director at the Board of the World Bank Group representing the constituency of Austria, Belarus, Belgium, Czech Republic, Hungary, Kosovo, Luxembourg, Slovak Republic, Slovenia, Turkey.
Appointed: since November 2016.
Biography: Mr. Schoenleitner served in the Austrian government in several capacities: Director, International Financial Institutions, Federal Ministry of Finance, Vienna (2009 – 2016); Head, Private Sector and Development, Austrian Development Agency, Vienna (2004 – 2007); Country Program Manager, Austrian Service for Development Co-operation, Vienna (2008 – 2009); Project Manager, Austrian Service for Development Co-operation, Barreiras, Brazil (1991 – 1995). He worked at the WBG as Senior Investment Policy Officer, World Bank Group – Investment Climate Advisory Services (FIAS) (2008 – 2009). He also served as a Legal Advisor at law firms Dr. Seethaler and Dr. Albrecht, Salzburg, Austria (1986 – 1991). Mr. Schoenleitner earned a PhD in Law, University of Salzburg, Salzburg, Austria in 1985; a MSc in Development Studies, London School of Economics and Political Science (LSE) in 1997 and PhD in Development Studies, LSE, London in 2004.
“We are quite proud of general capital increase (GCI), not only because of what had been achieved in package, but also because it was in danger of failing. I must say I am puzzled at the CSOs’ opposition to the GCI, given the lack of finance to achieve the SDGs”.
Nathalie Francken, Alternate Executive Director: EDS10, Executive Directors
Nathalie Francken, a Belgian national, is an Alternate Executive Director for IBRD, IDA and IFC, and Director for MIGA, representing the constituency of Austria, Belarus, Belgium, Czech Republic, Hungary, Kosovo, Luxembourg, Slovak Republic, Slovenia, and Turkey (EDS10) as of November 1, 2018. Prior to joining the WBG, Ms. Francken served as Advisor on Agriculture and Food Security at the Ministry of Foreign Affairs, Trade and Development Cooperation of Belgium, Research Manager at the Centre for Institutions and Economic Performance (LICOS) at the Catholic University of Leuven, Associate Researcher at the Centre for European Policy Studies (CEPS) in Brussels, and Chair of the Board of Directors of the Belgian Development Agency, Enabel. Ms. Francken has field experience from various developing countries and worked for the Cornell University Food and Nutrition Policy Program, the Government of Madagascar, UNICEF, FAO and the World Bank. She was also a Young Professional/Economist at the African Development Bank. Ms. Francken conducted research on development economics and political economy, more specifically on public finance, service delivery, food and nutrition security and the social implications of the natural resource curse. She published in several peer-reviewed international journals. She is also the main author of the strategic policy note on ‘Agriculture and Food Security’ for the Belgian Development Cooperation. Ms. Francken earned a Ph.D. in Economics, an M.Sc. in Economics, and a Master of Agricultural Engineering at the Catholic University of Leuven in Belgium. She is the sister of the former migration Minister, Theo Francken (NVA, extreme right, Belgium).
Merza Hussain Hasan, Executive Director, EDS11, Executive Directors
Constituency: The Office of the Executive Director (EDS 11) represents Bahrain, Arab Republic of Egypt, Jordan, Iraq, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, West Bank and Gaza, United Arab Emirates, and Republic of Yemen.
Appointed: Dr. Merza Hasan was elected in 2006 to represent thirteen countries as Executive Director to the World Bank Group (WBG).
Biography: “A national of Kuwait with a reputation for excellence and strategic vision in international leadership and executive strategy across diverse geopolitical and multicultural environments, His passion for international development, intellectual rigor, integrity and accountability in governance while building consensus with a variety of stakeholders continued to ensure Dr. Hasan’s unblemished Chairmanship as Dean of the Board of Executive Directors at the World Bank Group since 2012. In his current role, Dr. Hasan has a dual responsibility to his Constituency and the WBG Management; as he considers and decides on the proposals made by the President on IBRD loans and guarantees, IDA credits and grants, IFC investments, MIGA guarantees, and policies that impact the WBG operations”. Dr. Hasan’s significant and practical experience spans over three decades in Senior and Executive positions in the private and public sector as well as academia. Prior to the World Bank, Dr. Hasan was undersecretary for Industry in Kuwait; held various positions at the University of Kuwait including Dean of the College of Business Administration; and served as the Cultural Counselor at the Embassy of Kuwait in Washington DC. Additionally, Dr. Hasan’s chairmanship and membership in Boards of several institutions and executive committees have made him well-seasoned in fostering motivation and inspiring teams to feel empowered to accomplish strategic goals while working in the midst of complex operations, contexts, and stakeholders with competing agendas. Dr. Hasan holds a Doctorate (Ph.D.) degree in Management Science from the Imperial College of Science, Technology, and Medicine in the United Kingdom; a Master of Science (MSc) degree in Operations Research from the George Washington University in the United States; and a Bachelor of Science (BSc) in Industrial and Systems Engineering from the University of Southern California in the United States.
Ragui El-Etreby, Alternate Executive Director: EDS11, Executive Directors
Ragui El-Etreby, an Egyptian national, serves as an Alternate Executive at the Board of the World Bank Group and represents the constituency of Bahrain, Arab Republic of Egypt, Jordan, Iraq, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, United Arab Emirates, and Republic of Yemen. Mr. El-Etreby served at the Ministry of Foreign Affairs since 1993 in various capacities: Personal Representative of the President of Egypt to the G20 (2016); Minister Plenipotentiary, Deputy Chief of Cabinet (2015-2016); Deputy Chief of Mission, Embassy of Egypt in Tokyo (2011-2015); Counsellor of the Cabinet (2008-2011); Chairman, WTO Committee on Trade in Financial Services (elected), Geneva (2007-2008); First Secretary, Permanent Mission of Egypt to the United Nations Office and International Organizations, Geneva (2004-2008); Economic Affairs Officer, Globalization and Economic Integration, UN-ESCWA (2003-2004); Economic Affairs Officer, Trade in Services Division, WTO (2001-2003); Second Secretary, Office of the Personal Representative of the President of Egypt to the G15 (2000-2001); Third Secretary, Embassy of Egypt in Canada, Ottawa (1996-2000); Attache, Research and Evaluation (1994-1996); Attache, Institute of Diplomatic Studies (1993-1994). Mr. El-Etreby received a M.A. in International Economics from the Geneva School of International Relations in 2007 and a B.A. in Economics from the University of Cairo in 1992.
Aparna Subramani Executive Director: EDS12, Executive Directors
Constituency: The Office of the Executive Director (EDS12) represents Bangladesh, Bhutan, India, and Sri Lanka. The four countries comprising this constituency together represent almost 20% of the world's population. This constituency is currently the most dynamic and fastest growing in the world and has achieved significant progress in development and reduction of poverty. This constituency has members which are amongst the biggest clients of IBRD, IDA and IFC and making critical contributions for achievement of the global objectives of the World Bank.
Biography:Aparna Subramani, an Indian national, serves as the Executive Director at the World Bank Group representing Bangladesh, Bhutan, India, Sri Lanka since September 1, 2017. Ms. Aparna Subramani has been a member of the Indian Administrative Service, the civil service in India, for the past three decades. She has a wide range of experience in the national, sub national and local governments. Her principal areas of experience are Public Finance, Development Policy, Planning for sustainable and balanced development, and Urban governance. She has served in the Government of India, in policy formulation and program implementation roles in Unorganized sector as well as in Urban development. She also has experience in putting together socio-economic development strategy, mapping human development, and the Road Map for achievement of the SDG 2030. She has handled fiscal policy, public debt, taxation policies, treasury management and funding for externally aided projects from 2011 to 2015 at the state level. Ms. Subramani has served on the Board of Directors of over 15 public sector companies, operating in energy, industrial infrastructure, mining and financial services. As City Municipal Commissioner of Surat, a city of 4.5 million people, she initiated the preparation of the City Resilience Strategy in 2010 under the Asian Cities Climate Resilience Network (ACCCRN), a project funded by the Rockefeller Foundation. She has served on national level committees on Urban development. She has also worked in the local administration dealing with rural development, poverty alleviation programs, and disaster management. Ms. Subramani holds an M.Sc. in Zoology from the American College, Madurai, Tamilnadu, India; an M.Phil. in Energy and Environment from Madurai Kamaraj Universty, Tamilnadu, India; and a Masters in Business Administration from the Swinburne University of Technology, Melbourne, Victoria, Australia.
Mr. Bhuiyan, a Bangladesh national, serves as Alternate Executive Director for Bangladesh, Bhutan, India and Sri Lanka since November 2, 2015. Mr. Bhuiyan has a long service career in the government since 1981. Some of the most distinguished positions that he held include Cabinet Secretary (2011 -2015); Secretary of the Economic Relations Division at the Ministry of Finance (2008 – 2011); Secretary of the Ministry of Primary and Mass Education (2007 – 2008); Chairman of the Bangladesh, Oil, Gas and Mineral Corporation (PetroBangla) (2005 - 2006); and Commercial Counsellor, Bangladesh Mission, Dubai, UAE (2002-2005). He was a faculty member at Bangladesh Public Adminstration Training Center, Dhaka (1991 - 1996). Mr. Bhuiyan also served as Executive Director at the Islamic Development Bank (2011 - 2012). Mr. Bhuiyan holds a M.A. in English (1977), and a B.A. (Honors) in English (1976) from the University of Dhaka, Bangladesh; studied Public Sector Management at Curtin University of Technology, Perth, Australia; and attended a Course on Improving Performance in Public Service at University of Birmingham, United Kingdom.
Jean-Claude Tchatchouang, Executive Director: EDS13, Executive Directors
Constituency: Jean-Claude Tchatchouang, a Cameroon national, is the Executive Director at the Board of the Executive Directors of the World Bank Group representing Benin, Burkina Faso, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Democratic Republic of Congo, Republic of Congo, Côte d'Ivoire, Djibouti, Equatorial Guinea, Gabon, Guinea, Guinea-Bissau, Madagascar, Mali, Mauritania, Mauritius, Niger, Sao Tome and Principe, Senegal, and Togo.
Biography : Prior to this position, Mr. Tchatchouang served at the Bank as Alternate Executive Director (2017-2018), Senior Advisor to the Executive Director of the same constituency (2003-2016), and as Country Economist (1996-1998). Mr. Tchatchouang held various positions including: Senior Financial Analyst, Fannie Mae, Washington, DC (2002-2003); Comptroller, The Mitchell Group (Washington D.C.-based firm providing development assistance support to governments and other organizations working in Africa and around the world, 1988-2000); Economist, IMF, Washington, DC (1992-1995); and Division Chief, Central Bank of Central African States (BEAC), Yaounde, Cameroon (1982-1992). Mr. Tchatchouang is a Certified Public Accountant, Virginia (2000) and holds a M.A. on International Economics and Finance, Brandeis University, US (1998); an M.A. in Economics, University of Yaounde, Cameroon and studied Statistic Engineering, Institut de la Statistique et d'Economie Appliquée, Yaounde, Cameroon (1980).
Position: He is the author of a number books and articles on economics and finance.
Alphonse Ibi Kouagou is his Alternate Executive Director.
Anne Kabagambe, Executive Director: EDS14, Executive Directors
Constituency: Anne Kabagambecomes from Uganda and serves as the Executive Director for Africa Group 1 (Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe) at the World Bank Group, Washington DC.
Appointed: October 2018
Biography: Ms. Kabagambe has 30 years of experience in international development and finance. Prior to this appointment, she served as the Alternate Executive Director from 2016-2018 for the same Constituency (Africa Group 1). Prior to this appointment served for 27 years at the African Development Bank, ending her career as Chef de Cabinet. Ms. Kabagambe holds two Masters’ Degrees from Columbia University in New York City, and the George Washington University, Washington DC in International Relations and Public Policy & Practice. She obtained her first degree from the University of California at San Diego (UCSD). In addition, Ms. Kabagambe holds post-graduate diplomas from Harvard University’s JFK School of Government and the Cranfield School of Management in the United Kingdom.
Taufila Nyamadzabo Alternate Executive Director: EDS14, Executive Directors
Taufila Nyamadzabo, a Botswana national, serves as the Alternate Executive Director for Africa Group I (Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe) at the World Bank Group, Washington, DC since November 2018. Prior to this appointment, Mr. Nyamadzbo has held various high-level positions at the Botswana Ministry of Finance and Development Planning, including Secretary for Economic and Financial Policy, Secretary for Economic Affairs, Deputy Permanent Secretary Economic Affairs, Director of Policy Analysis, Director of Macroeconomic Planning, Director of Development Programmes. Mr. Nyamadzabo holds a Ph.D. in Economics from American University in Washington, DC, a Masters’ Degree of Arts in Economics from the University of Delaware in Newark, and a Bachelor of Arts in Economics and Statistics, University of Botswana.
Fabio Kanczuk EDS15, Executive Directors
Constituency:Fabio Kanczuk, a Brazilian national, is the World Bank Group Executive Director representing Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname, and Trinidad and Tobago.
Appointed: November 2018 (TBC)
Biography:Prior to this appointment, Mr. Kanczuk was Secretary (Deputy Minister) for Economic Policy at the Ministry of Finance, Brazil. In the private sector, he has more than twenty years of experience in the financial sector. He was Chief Economist and Partner at Rosenberg Associates, MCM Consulting, Reliance Asset Management, Brazil Warrant Investments and Banco Original, all in Sao Paulo. Mr. Kanczuk is a (Magna cum Laude) Electronic Engineer from the Instituto Tecnológico de Aeronáutica (ITA), in Brazil. He holds a Ph.D. in Economics from the University of California at Los Angeles (UCLA), and a Post-Doctoral from Harvard University. Mr. Kanczuk is a Full Professor of Macroeconomics (on leave) at the Department of Economics, University of Sao Paulo, where His main research interests are Real Business Cycle Theory and Sovereign Debt. His academic research was published in the Journal of International Economics, Journal of Development Economics, Review of Economic Dynamics, and the Journal of International Money and Finance, among others. Some of his work can be found at the National Bureau of Economic Research.
Contact details: The World Bank Group : 1818 H Street, N.W Washington, DC Suite: MC 12-319 Mail Stop: MC 12-1210 20433 USA , Tel :+1(202)458-0086, Fax:+1(202)522-1551, [email protected] or University of São Paulo, R. Dr Alberto Cardoso de Melo Neto 110/131A, Sao Paulo-S.P.-CEP 01455-100, BRAZIL, Tel: 55-11-3814-9749, E-Mail: [email protected]
Rommel Salazar Herrera, Alternate Executive Director: EDS15
Rommel Salazar Herrera, a Philippines national, is an Alternate Executive Director at the Board of the Executive Directors of the World Bank Group representing Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname, and Trinidad & Tobago. Prior to this position, Mr. Herrera served as a Senior Advisor to the Executive Director of the same constituency. Mr. Herrera held various senior positions at the Ministry of Finance, Manila, Philippines, including: Director and Planning Officer at the International Finance Group, Department of Finance. Mr. Herrera holds a Bachelor of Arts in Public Administration, University of the Philippines, Quezon city, Philippines and is finishing his M.A. in Business Economics, University of Asia and the Pacific, Pasig City, Philippines
Kulaya Tantitemit (Executive Director: EDS16, Executive Directors)
Constituency: Kulaya Tantitemit represents the constituencies of Brunei Darussalam, Fiji, Indonesia, Lao PDR, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, and Vietnam.
Appointed: Kulaya Tantitemit, a Thailand national, is the World Bank Group Executive Director representing for the South East Asia (SEA) Group since November 2018
Biography: Prior to joining the World Bank Group, Ms. Tantitemit was the Inspection General, spokesperson, and the Advisor to the Permanent Secretary at Ministry of Finance, Bangkok, Thailand. Ms. Tantitemit hold various senior-level positions in her career at the Thai Ministry of Finance, Fiscal Policy Office, including, Executive Director at the Bureau of Macroeconomic Policy; Senior Expert on Macroeconomic Policy; Director of the ASEAN Economic Cooperation Division; Head of International Fiscal Cooperation: Europe and America Sub-Division; and Acting Director, Bilateral and Multilateral Trade Liberalization Section. Dr. Kulaya Tantitemit, Ph.D., served as a Director of Krung Thai Bank from October 12, 2016 to 2018. Ms. Tantitemit holds a BA in Economics, Thammasat University, Bangkok, Thailand; an MA in Economics, Boston University, Massachusetts; and an MS in International Economics and Finance, and a Ph.D. in International Economics and Finance, both from Brandeis University, Massachusetts.
Mastura Binti Abdul Karim
Mastura Binti Abdul Karim serves as an Alternate Executive Director of the Office of Executive Director of the World Bank Group of Southeast Asia, which represents the constituencies of Brunei Darussalam, Fiji, Indonesia, Lao PDR, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, and Vietnam, since July 2017. Prior to joining the Executive Director’s office, Ms. Karim was the Deputy Under Secretary (Investment Evaluation), for the Strategic Investment Division at the Ministry of Finance in Malaysia. Previous assignments at the Ministry of Finance include Deputy Under Secretary (Fiscal Policy), Fiscal and Economic Division, Registrar of Credit Reporting Agencies, and Principal Assistant Secretary for the Tax Analysis Division. She had also served as the Assistant Director for the Distribution Sector of the Economic Planning Unit at the Prime Minister’s Department. Ms. Karim holds a Doctor of Philosophy in Finance from the Graduate School of Management, University Putra Malaysia and a Master of Business Administration majoring in Finance from the Graduate School of Management of University Putra Malaysia.
Yingming YANG (EDS17)
Constituency: Mr. Yingming Yang is the Executive Director for China at the World Bank Group.
Biography: Mr. Yang is Director at International Finance Corporation. He serves as Executive Director at Multilateral Investment Guarantee Agency. He also serves as Executive Director at International Bank for Reconstruction and Development. Prior to that, Mr. Yang was Deputy Director General of the Department International Financial and Economic Cooperation and Deputy Director General of the International Department at the Ministry of Finance of China, where he defended Chinese interested, incl. before the World Bank. He was also the Executive Director for China of the Asian Development Bank from 2009 to 2012. At different times, he also served as the Authorized Negotiator for China on climate finance at the forum of UNFCCC，G20 Deputy’s Deputy for China on economic and financial issues, the Authorized Negotiator for China on establishing the BRICS New Development Bank (NDB), China National Coordinator and Senior Official for Greater Mekong Sub-regional Economic Cooperation (GMS) and Central Asia Regional Economic Cooperation (CAREC), Board Member of the Green Climate Fund (GCF), Council Member of the Global Environment Facility (GCF), Member of the Governing Council of the Global Infrastructure Facility (GIF), and Alternate Board Member of the NDB. Mr. Yang holds two Master’s degrees, one is in Literature Criticism from Beijing Foreign Studies University, China, and the other is in Development Economics from University of Manchester, United Kingdom.
Contact details: The World Bank: 1818 H Street, N.W.Mail Stop MC13-1300 Washington, DC 20433 USA, Fax: +1 202-522-1579, [email protected], worldbank.org/eds17
Minwen ZHANG (Alternate Executive Director: EDS17, Executive Directors)
Minwen Zhang is the Alternate Executive Director of the World Bank Group for China since November 2016. Minwen Zhang has held high level positions at the Department of International Economic & Financial Cooperation, Ministry of Finance in Beijing, China, including: Director of the Policy & Programming Division (2016); Director of the International Financial Institution Division II (2011 – 2016); Deputy Director of the Internatioal Financial Institution Division II (2007 – 2011); Section Chief of the International Economic Relations Division II (2006 –2007); and Project and Programming Officer (2001 –2002). Minwen Zhang worked as an Advisor to the Chinese ED in the Asian Development Bank, Manila, Philippines (2004– 2006). Minwen Zhange earned a Master of Economics at the University of International Business & Economics, Beijing, China in 2001 and a Bachelor of Economics at the Central South University of Finance & Economics, Wuhan, China in 1998.
Rodrigo Carriedo Haro, Executive Director: EDS18, Executive Directors
Constituency: The Office of the Executive Director (EDS18) represents Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Republica Bolivariana de Venezuela, and Spain.
Appointed: Rodrigo Carriedo Haro, a Mexican national is an Executive Director at the Board of the World Bank Group, representimg Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, Spain and the Bolivarian Republic of Venezuela at the World Bank Group (WBG) since November 1, 2018.
Biography: Mr. Carriedo Haro served as Alternate Executive of the same constituency from November 2016 to October 2018. Before joining the WBG, he served as Counselor in the Office of the Executive Director for Mexico and the Dominican Republic at the Inter-American Development Bank (IDB). In this role, he was responsible for analyzing public-private partnerships, infrastructure projects and the implementation of the plan to merge-out the private sector windows of the IDB Group. In the Mexican Federal Government, Mr. Carriedo has held numerous responsibilities including director for Financial Inclusion and advisor to the Minister at the Ministry of Finance; and under Director of Planning at the Ministry of Social Development. He has also collaborated with the Mexico Institute of the Woodrow Wilson Center for International Scholars in Washington, DC and the Council of the Americas in New York, NY. Mr. Carriedo holds Bachelor’s and Master’s degrees in Economics from Instituto Tecnológico Autónomo de México (ITAM) and received a Master’s degree in Public Policy from Georgetown University.
Fernando Jiménez Latorre, Alternate Executive Director: EDS18, Executive Directors
Fernando Jiménez Latorre, a Spanish national, is an Alternate Executive Director at the World Bank Group representing Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Spain, and Republic of Venezuela since November 1, 2018. Mr. Jiménez Latorrez served as Executive Director of the same constituency from November 1, 2016 to October 31, 2018. From 2014 to October 2016, he was the Executive Director at the International Monetary Fund (IMF) representing Colombia, Costa Rica, El Salvador, Guatemala, Honduras Mexico, Spain and Venezuela. He has held positions in the Spanish government, including Secretary of State for Economic and Business Affairs (2011-2014); Director General of the Spanish Competition Authority (2002-2004); Deputy Director of Economic Policy and International Economy (1998-2002); Economic Counsellor at Spain's Permanent Representation to the EU in Brussels (1993-1998); and Advisor to the Minister of Economy and Finance (1989-1993). Mr. Jiménez Latorre also worked as Associate Director at NERA Economic Consulting (Marsh & McLennan Companies), leading NERA’s Competition Policy Group in Madrid with expertise in Antitrust (2004-2011). Mr. Jiménez Latorre holds a BA Economics from the Universidad Complutense de Madrid, Spain in 1999, and graduated as State Economist in 1984.
Constituency:The Office of the Executive Director represents in the Board of the World Bank Group the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, former Yugoslav Republic of, Moldova, Montenegro, The Netherlands, Romania, and Ukraine.
Appointed: Koen Davidse, a Dutch national, is the World Bank Group Executive Director representing the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Moldova, Montenegro, The Netherlands, Romania, and Ukraine since November 1, 2018.
Biography: Prior to joining the World Bank Group, Mr. Davidse was the Deputy Special Representative of the United Nations Secretary-General in the Multidimensional Integrated Stabilization Mission (MINUSMA) in Bamako, Mali. Other senior positions he has held include Director of Multilateral Institutions and Human Rights in the Ministry of Foreign Affairs of the Netherlands and Director for Peace Building and Stabilization with a special focus on Afghanistan. He was also the Dutch Special Envoy for Sudan, when the Netherlands was involved in Sudan Comprehensive Peace Agreement. Previously, he served as the Research Director for the Secretary General’s High-level Panel on United Nations System-wide Coherence, United Nations, New York, U.S. Mr. Davidse also served as a Senior Advisor to Executive Director in the World Bank. Mr. Davidse holds a degree in International Relations and Political Science from the Erasmus University, Rotterdam, the Netherlands.
Position: In Bali, his predecessor Frank Heemskerk disagreed with CSOs on many issues (criticism towards GCI, MFD approach, shareholder review, etc.) and explained that, in terms of policy coherence, in the past, country projects were ad hoc, and now we have a country diagnostic and Country Partnership Framework that guides lending. On PPPs, he agreed that “there were a lot of mistakes made in PPPs, a lot of strange projects, which create off-balance debt. But, in these arrangements, it’s very clear where the risk lies.” In Washington (April 2019), he said -Support a lot of points Richard (UK ED) makes. Also represent borrowing countries, heard discussion about PPPs and risks/rewards. But maybe not being shared. -Evaluation by IEG? -Last year SG published report on FFD, Addis. The discussion is more mature than way it’s being characterised, not transparent enough.
Roman Kachur, Alternate Executive Director: EDS19, Executive Directors
Mr. Roman Kachur, a Ukrainian national, is the Alternate Executive Director for Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Moldova, Montenegro, The Netherlands, Romania, and Ukraine. Mr. Kachur joined the World Bank Group Board of Directors in September 2016 as a Sr. Advisor after an extensive experience in Ukraine, in both public and private sectors. Prior to his career at the Bank, Mr. Kachur was a Deputy Minister of Finance of Ukraine from 2015 - 2016, in charge of the state budget for military, government, education, healthcare, and social care. During the major downturn in the economy, he played a key role in the fiscal consolidation process to reduce the budget deficit and in the implementation of the IMF Program on Ukraine’s macro stability. Mr. Kachur served as a Deputy Minister of Economic Development and Trade of Ukraine and Chief of Staff in 2014. He was responsible for public procurement policy and implementation of e-procurement, state asset management and state owned enterprises reform, and the Ministry’s HR policy for 1,400 staff. From 2010 - 2013, Mr. Kachur worked with the Kyiv City State Administration in charge of the relations with foreign investors. He developed an investment promotion policy recognized as the top 10 in Europe, according to the Financial Times FDI magazine. He was a team member of the Kyiv City Strategy 2025, developed jointly with the Boston Consulting Group. From 2004 - 2010, he was a co-owner and a managing partner in the local investment boutique companies - ITT-Invest and Merit Investment Group, providing M&A and investment advisory services to major international companies in Ukraine, including HSBC, Société Generale, CRH, GetInholding. Mr. Kachur holds a Master's degree in economics from the National University of Kyiv Mohyla Academy. He also studied strategic management at the North Western University’s Kellogg School of Management in Chicago, and foreign policy at the German Federal Foreign Office of the High-Level Experts program in Berlin.
Constituency: He is the Executive Director (ED) of the World Bank Board representing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
Biography: Geir H. Haarde, an Iceland national, is the Executive Director at the Board of the Executive Directors of the World Bank Group representing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
Prior to joining the WBG, Mr. Haarde served as Ambassador of Iceland to the United States (2015–2019). He was Prime Minister of Iceland (2006–2009), Minister for Foreign Affairs (2005–2006) and Minister of Finance (1998-2005). He was a long-time member of the Icelandic parliament, Althingi (1987–2009); Chairman (2005–2009) and Vice Chairman (1999–2005) of the Independence Party; member of the International Monetary and Financial Committee of the International Monetary Fund (2002–2004); and Chairman of the Independence Party’s Parliamentary Group (1991–1998). Other postings include Chairman of the Foreign Affairs Committee of the Althingi (1995–1998); and President of the Nordic Council (1995). Mr. Haarde was also Political Advisor to the Minister of Finance (1983–1987) and an Economist with the Central Bank of Iceland (1977–1983).
Mr. Haarde holds a Master’s in Economics from the University of Minnesota, Minneapolis, MN (1977), a Master’s with distinction in International Relations from Johns Hopkins University School of Advanced International Studies, Washington, DC (1975) and a Bachelor’s Magna Cum Laude in Economics from Brandeis University, Waltham, MA (1973).
Geir Hilmar Haarde
The World Bank
1818 H Street, N.W. Mail Stop MC 13-1314 Washington, DC 20433 USA
In Bali, his predecessor Ulbaek said said that “under the World Bank’s 2016-2020 Climate Action Plan, the goal is to reach 28% climate-related investments by 2020” and according to her, “IFC really overshot what they should do, with 35% climate-related investment in FY18”. She added: “In the post-2020 goals that will be announced later this year, we’re focusing on policy reforms, and having private sector come in with the investment. In Egypt recently, we were able to decrease fossil fuel subsidies, coupled with cash transfers to the poor, to make up for this. I am worried that we have too many targets it will be counter-productive”. In Washington (April 2019), she said: -Had a good dialogue with PPP Unit – Stephen Carter. Got impression you were nearing each other. -Would be nice if there was ODA to do everything in the world, but there isn’t. So have to get private sector funding in. Is difficult, requires a lot of good regulation. There isn’t any silver bullet, no one suggested that. Bank has a more realistic approach to this. -On MFD – I’m getting more and more convinced that it is the best way to go to bring investments to scale. Changing framework, conditions, bring in private capital. For last mile projects, it is ODA. It’s not about should we do it or not, about how to do it better. Important to get to that discussion.
Antero Klemola, Alternate Executive Director: EDS20, Executive Directors
Antero Klemola, a Finnish national, serves as the World Bank Group Alternate Executive Director representing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden since July 2018. Dr. Klemola represents the constituency in the Board's Committee on Governance and Executive Directors' Administrative Matter (COGAM). Between 2015-2018, Dr. Klemola worked as a counselor and a senior counselor to the Executive Director for the Board of the Inter-American Development Bank and additionally as Executive Director to IDB Invest for one year. In the constituency team he was responsible for the Programming Committee. From 2006 to 2015, Dr. Klemola served in the Ministry for Foreign Affairs of Finland, holding the following positions: Senior Counselor (development policy and cooperation) to the Director General for Americas and Asia; Senior Counselor to the Director for the general development policy unit and as a member of various intra and inter-ministerial working groups to improve the management of development cooperation. Prior to his work at the Ministry, Dr. Klemola worked as a project manager in a consulting company for two years and seven years as a program coordination for the International Cooperative Alliance in Bolivia in developing rural financial services. He has research experience from Zimbabwe (undergraduate/rural development) and Bolivia (Ph.D./Indigenous Peoples). He obtained his Ph.D. from the University of Liverpool in 1997.
Constituency: Patrizio Pagano has been the World Bank Group Executive Director for Italy, Albania, Greece, Malta, Portugal, San Marino, and Timor-Leste
Appointed: Patrizio Pagano has been the World Bank Group Executive Director since November 2014.
Biography: Prior to joining the Bank, Mr. Pagano led the Advanced Economies and International Finance Division within the Directorate General for Economics, Statistics and Research of the Bank of Italy in Rome. Mr. Pagano holds a B.A. in Economics and Social Sciences from Bocconi University in Milan, received a Master of Science in Economics from the University of London, Birkbeck College (UK) and earned his Doctorate in Economics at the University of Pavia (Italy). He has also been a visiting scholar in the Department of Economics at the University of California, Berkeley. Mr. Pagano has authored and co-authored several articles on Macroeconomics, International Finance, Trade and Growth in journals such as the Journal of International Economics and the Journal of Applied Econometrics.
Position: He published the policy research working paper “Does the World Bank foster business ?” in April 2017.
Paulo Pedroso, Alternate Executive Director
Constituency: Paulo Predroso is the World Bank Group Alternate Executive Director for Italy, Albania, Greece, Malta, Portugal, San Marino, and Timor-Leste
Biography: Not yet online.
“I know bad PPPs can be very damaging – but there are other areas where a PPP is the most efficient answer. There is some evidence within the bank that private schools are more inclusive than public schools. Some countries under invest in education even given how much money they have” (Oct. 2019).
Hesham Alogeel, Executive Director: EDS22, Executive Directors
Constituency: Hesham Alogeel, a Saudi national, is the World Bank Group Executive Director for Saudi Arabia
Appointed: Since November 1, 2018.
Biography: Prior to this appointment, Mr. Alogeel served as Executive Director at the International Monetary Fund (IMF) representing the Saudi Arabia constituency. Also, at the IMF, he held positions as Alternate Executive Director and Advisor to the Executive Director for the same constituency. In Saudi Arabia, Mr. Alogeel worked in various capacities at the Saudi Arabian Monetary Authority, including as the Head of the International Financial Organization Division, and Secretary of the Board of the Gulf Monetary Council. Prior to that, he served as a Supervisor, Vice-President Office for Technical Affairs, SABIC Steel & Iron Company. Mr. Alogeel earned a Ph.D. in Economics from the University of Colorado at Boulder, Colorado, US; an M.A. in Economics from the University of Colorado at Boulder, Colorado, US; and a B.A. in Industrial Engineering from the University of Petroleum and Minerals, Saudi Arabia.
Abdulmuhsen Saad Alkhalaf is the Alternate Executive Director.
Roman Marshavin, Executive Director: EDS23, Executive Directors
Constituency: Roman Marshavin, a Russian Federation national, is an Executive Director at the Board of the World Bank Group representing the Russian Federation and the Syrian Arab Republic
Appointed: Since November 2018.
Biography: Mr. Marshavin spent 20 years in various high-level civil servant positions in the Ministry of Energy, Ministry of Finance, Ministry of Foreign Affairs, and the Central Bank in the Russian Federation. Prior to joining the WBG, Mr. Marshavin served as Director of the Department of International Cooperation at the Ministry of Energy of the Russian Federation. Other senior positions include Aide to Minister of Energy; Aide to Deputy Prime Minister of Finance; Deputy Director of Department of International Financial Relations at the Ministry of Finance; Chief Economist at the Department of Financial Market Transactions; Central Bank of the Russian Federation, and 2nd Secretary, Embassy of the Russian Federation, Washington, D.C., USA. Mr. Marshavin earned a Ph.D. in Economics at the Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation, in Moscow, Russian Federation; and a Master of Economics, Plekhanov Russian University of Economics, Specialization: World Economy. Graduated with Honors, in Moscow, Russian Federation.
Konstantin Panov is the Alternate Executive Director.
Werner Gruber, Executive Director: EDS24, Executive Directors
Constituency: The Office of the Executive Director (EDS24) represents 9 European and Central Asia countries at the Board of the World Bank Group (WBG). These countries are: Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan and Uzbekistan.
Appointed: Werner Gruber, a Swiss national, is the Executive Director since November 1, 2016.
Biography: Prior to this position, Mr. Gruber held several interim management positions in the Economic Cooperation and Development directorate of State Secretariat for Economic Affairs (SECO). He was the Chief Negotiator for Switzerland in the founding process of the Asian Infrastructure Investment Bank (AIIB), and he served also ad interim as Delegate of Switzerland in the Development Assistance Committee (DAC) at the Organization for Economic Development and Cooperation (OCDE) in Paris (2014-2016). From 2008-2013, Mr. Gruber was the Board Director for Switzerland, Liechtenstein, Ukraine, Serbia, Montenegro, Turkmenistan, Moldova, at the Board of Directors of the European Bank for Reconstruction and Development (EBRD), London. Before, Mr. Gruber worked at the Economic Cooperation and Development directorate, SECO, Bern, Switzerland, first as Head Task Force Kosovo/South Eastern Europe, then as Head of Division of Infrastructure Financing, and lastly as Head of Operations and Deputy Head of the directorate (2001-2008). From 1997-1999, Mr. Gruber held the Advisor to the Executive Director position at the International Monetary Fund (IMF) and subsequently at the World Bank Group in Washington DC. Mr. Gruber started his career as a Program Officer, and later Deputy Head of Division, in the Division for Financial Assistance to CIS Republics, Federal Office for Foreign Economic Affairs, Bern, Switzerland (1993-1996). Werner Gruber earned a Doctorate in Public Economics, University of Fribourg, Switzerland (1992); a Master in Public Economics, University of Fribourg, Switzerland (1987); and a Degree in Business Economics (Specialization Accounting), Höhere Wirtschafts- und Verwaltungsschule, Zurich, Switzerland (1984). He worked as a Research Assistant at the Institute of Economic and Social Policy, Faculty of Economics and Social Sciences, University of Fribourg, Switzerland (1988-1992). Mr. Gruber has published in newspapers, journals and is the co-author of a textbook on public economics.
Katarzyna Monika Zajdel-Kurowska, Alternate Executive: EDS24, Executive Directors
Katarzyna Zajdel-Kurowska serves as Alternate Executive Director at the World Bank Group since June 1, 2018, representing Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan, and Uzbekistan.
Ms. Zajdel-Kurowska held leadership positions as Board member of the Management Board of the National Bank of Poland (Central Bank) responsible for reserve asset management and financial and operational risk management; and also as former Alternate Executive Director, Poland’s representative at the IMF during the period of financial crisis. Prior to joining the IMF, Ms. Zajdel-Kurowska held the position of Deputy Finance Minister responsible for economic and financial policy, public finance and debt management and regulation of financial institutions. Before governmental career, Ms. Zajdel-Kurowska was Chief Economist for CEE Region at Citibank Handlowy responsible for macroeconomic and fixed-income research. Ms. Zajdel-Kurowsk has professional experience in the financial sector, international organizations, both public and private sectors, and working experience in macroeconomic analysis, financial markets, banking, risk management, asset and liabilities management, public sector policy advice, restructuring of health care and transport sectors. Katarzyna-Zajdel Kurowska earned a Masters degree in Quantitative Methods, Faculty of Economic Sciences, Warsaw University.
Haruna Mohammed, Executive Director: EDS25, Executive Directors
Constituency: Haruna Mohammed, a Nigerian national, is the World Bank Group and Affiliated (WBG) Executive Director for Angola, Nigeria, South Africa.
Appointed: on November 1, 2018.
Biography: Mr. Mohammed also served as Alternate Executive Director for the same constituency from January 30, 2017 to October 31, 2018. Mr. Mohammed worked previously at the WBG as Advisor to the Executive Director to Africa Group I (2001) and as Senior Advisor to the Executive Director of the same constituency (2001-2006). Mr. Mohammed held senior positions at the Federal Ministry of Finance in Nigeria, including Director and also Deputy Director at the International Economic Relations, Assistant Director and also Chief Finance Officer at the Multilateral Institutions. Mr. Mohammed served at the Ministry of Finance in Sokoto, Nigeria as Chief Economist, Principal Economist , Senior Economic Planning Officer (1987-1989), and Economic Planning Officer. Mr. Mohammed also held the following positions: Alternate Governor for Nigeria – Governing Board of the OPEC Fund for International Development (OFID); member of the Audit Committee – OPEC Fund for International Development (OFID); Director for Nigeria – Board of Directors: ECOWAS Bank for Investment and Development (EBID); Chairman of the Audit Committee – EBID; and Alternate Director for Nigeria – Africa Export-Import Bank (Afreximbank). Mr. Mohammed earned a Master’s degree in Business Administration from Strayer University, Washington, D.C. in 2004; a BSc in Economics, Ahmadu Bello University, Zaria, Nigeria in 1982 and a Certificate in Computer Information Systems, International Statistics Programs, Washington D.C. in 1991.
Armando Manuel, Alternate Executive Director: EDS25, Executive Directors
Mr. Armando Manuel, an Angola national, serves as the World Bank Group Alternate Executive Director for Angola, Nigeria, South Africa since November 1, 2018. Prior to this appointment, Mr. Manuel served as Minister of Finance of Angola from 2013 to 2016. He also held various senior level positions, including Economic Policy Advisor to the President and Chairman of the Angola Sovereign Wealth Fund. At the Ministry of Finance since 1993, he led the Department of Treasury's Operations in 2003 and lately, in 2006, became the National Director of Treasury. Mr. Manuel graduated in 1996 in economics (BSc) from the Agostinho Neto University in Luanda, Angola, and holds a MSc in economics from London Guildhall University in London in 2001, United Kingdom. In 2014, Mr. Manuel was awarded Finance Minister of the Year by the African Banker Organization.
ED meetings minutes: T:\5. Topic analysis\PRIVATE FLOWS\WORKSTREAM - Public Private Partnership\PPPs - World Bank\WBG EDs