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The World Bank Group has appointed Dr. Hafez Ghanem as the new Vice President. He will replace Makthar Diop, the Senegalese economist and banker who previously held the position but will now take over as Vice President Infrastructure. The appointment announced on his website took effect on July 1, 2018.
Dr. Hafez Ghanem, who has held various positions, will now oversee the World Bank's affairs in Africa. A development expert who has an amazing career spanning more than three decades, he will now lead an active regional portfolio of over 600 projects totaling more than $ 71 billion US.
In a press release that was made available to the public, The World Bank reiterated its commitment to continue to launch projects and provide new opportunities in the region.
"Priority will be given to projects and programs that provide economic opportunities for young people and promote gender equality.The World Bank will also intensify its work in fragile and conflict-affected states," the report says.
Dr. Ghanem joined the World Bank as a young professional in 1983, where he worked as a research economist, served in various capacities prior to his recent appointment, and in 2007, Mr. Ghanem joined the group. The Food and Agriculture Organization of the United Nations (FAO) as Assistant Director-General, where he was responsible for the Department of Economic and Social Development and FAO's badytical work on food and agriculture. agricultural economics and food security, markets, gender and equity, and statistics before his return to the World Bank in 2012.
Before his new appointment as vice-president President for Africa, he was the Vice President Middle East and North of the World Bank Group. He has held the position of country director for five African countries where he has worked with many teams of multinationals to produce excellent results.
His professional background has led him to travel to more than thirty countries across Europe. , Africa, Central Asia, Middle East and North Africa and South Asia. Dr. Hafez Ghanem holds a PhD from the University of California and should add to his past success and achieve great feats in his new position through his vast experience and virtuosity.
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