{getMailchimp} $title={MailChimp Form} $text={Subscribe to our mailing list to get the new updates.}

World Bank appoints Ghanaian economist Victoria Kwakwa as new Vice President for Eastern and Southern Africa

The World Bank has appointed Ghanaian economist, Victoria Kwakwa, as the new World Bank Vice President for Eastern and Southern Africa, effective July 1st, 2022.

Ms. Kwakwa, an economist and development specialist with more than 30 years of experience, will oversee an active regional program that includes a financing portfolio of more than 300 projects with a combined value of more than $50 billion as well as in-depth policy research and advice.

Under Ms. Kwakwa’s direction, the World Bank will continue to offer necessary assistance to nations as they deal with a number of delicate, diverse issues, such as the COVID-19 crisis’ aftermath, rising climate shocks, food, and energy-fueled inflation, and rising debt levels.

She will focus on improving access to crucial infrastructure, supporting economic recovery, and reforming the private sector’s job creation, human capital development, climate resilience, agricultural productivity, and food security.

The World Bank will also target efforts to reduce the drivers of fragility and conflict, improve gender equality and increase regional integration.

Ms. Kwakwa brings a wealth of development experience to the position, having worked in African and East Asian countries.

Miss Victoria Kwakwa worked closely with the World Bank Managing Director of Operations to improve the operational effectiveness and impact of the Bank in her most recent position as the World Bank’s Vice President for Corporate Strategic Initiatives.

She also served as the Vice President for East Asia Pacific from April 2016 to September 2021, where she led the Bank’s engagement with 23 diverse clients on a wide range of development issues.

With a track record of putting people at the center of her work, Mrs. Kwakwa is dedicated to bringing innovative approaches and financing to development to contribute to achieving a stable, integrated, and resilient region with dynamic economies and prosperous societies in which all citizens, notably women, children, and youth enjoy equality of opportunity.

Ms. Kwakwa succeeds Hafez Ghanem, who retired from the World Bank on June 30, 2022.


No comments

Your comments and Encouragement are welcome