Makhtar Diop Gets New Assignment AT W/Bank
After six years of service at the World Bank as Vice President for Africa where he oversaw the delivery of a record-breaking $70 billion to Sub-Saharan Africa to help tackle key development challenges, MakhtarDiop, has been appointed as the Bank’s Vice President for Infrastructure. The newly created Infrastructure Vice Presidency comprisesTransport & Digital Development, Energy & Extractives, Infrastructure Finance and Public Private Partnerships (PPPs).In this global role, MakhtarDiop will oversee the Bank’s work on infrastructure and infrastructure finance and lead efforts to develop sustainable solutions and help close the infrastructure gap in developing and emerging economies. The disclosure was made a recently in a dispatch dated May 14, 2018 from Washington D.C
As Vice-President of the Africa Region, he was instrumental in mobilizing private finance to support Africa’s infrastructure and fostering the environment for more innovation and technology adoption. As a passionate advocate for Africa’s right to clean and affordable sources of electricity, Diopalso called for greater investment in renewable energy and pushed for greater regional interconnectivity in the power and transport sectors.
Mr. Diop brings to the post a deep level of experience and understanding of complex infrastructure challenges. His prior experience includes serving as Director for Finance, Private Sector & Infrastructure in the Latin America and the Caribbean Region. From 2009 to 2012, Mr. Diop held the position of World Bank Country Director for Brazil, where the World Bank helped financed major infrastructure work and was the Bank’s Country Director for Kenya, Eritrea, and Somalia.
As a recognized opinion leader in the economic and social development field, Diop has been named one of the 100 most influential Africans in the world; his appointment will be effective as of July 1st, 2018.