Senegalese Makhtar DIOP at the head of the International Finance Corporation
Makhtar Diop on April 22, 2017 in Washington.
ZACH GIBSON / AFP
Text by: RFI Follow
3 min
Makhtar Diop, former vice-president for Africa of the World Bank, has just been appointed to head the IFC, the International Finance Corporation, in other words the branch in charge of private investment at the World Bank.
The first African to occupy this strategic position, the one who was also Senegal's finance minister in 2000 is a seasoned economist and passionate about sustainable development.
He will be in charge of mobilizing private capital for the development of economies.
Publicity
Read more
Where will Makhtar Diop stop?
The former vice-president of the World Bank, who successively headed the Africa department for six years, then that of investments, will take care of the IFC, the International Finance Corporation, from March 1.
A branch dedicated to financing the private sector around the world, and whose role is constantly growing.
At sixty years old, Makhtar Diop has become a fixture at the World Bank.
Since 2018, he managed the reactor core of the institution, namely the huge infrastructure projects piloted by the bank.
This financier trained in London and Paris, who was also an economist at the International Monetary Fund, had a brief ministerial episode in Senegal, occupying between 2000 and 2001 the portfolio of Economy and Finance.
We owe him a major reform of the Senegalese Customs and Treasury.
This son of a lawyer, originally from the Louga region, is known to be calm and discreet.
Passionate about martial arts that he practiced in his youth up to university level, he may have pondered this maxim that we owe to the master in the field, Bruce Lee: "
In life, there is no there is no limit, but levels that must be reached, then exceeded
”.
Honored to have been appointed CEO of @ IFC_fr.
Determined to help our customers overcome the obstacles related to the # COVID19 pandemic.
By supporting the private sector, we will help improve the living conditions of as many people as possible: https://t.co/Dnx4q8Apjr pic.twitter.com/FQlqHECHtz
- Makhtar Diop (@Diop_WB) February 18, 2021
Newsletter
Receive all the international news directly in your mailbox
I subscribe
Follow all the international news by downloading the RFI application
google-play-badge_FR
world Bank
Senegal