World Bank Appoints Brazil Chief

The World Bank has named Makhtar Diop country director for Brazil, effective January. Diop, a former minister of finance from Senegal, joined the Bank in 2001 as country director for Kenya, Eritrea and Somalia in the Africa Region. He was then appointed sector director of finance, private sector and infrastructure, in the LatAm and Caribbean vice presidency. Most recently, he acted as director of strategy and operations for Latin America and the Caribbean. The World Bank says Brazil is the IBRD’s largest partner, averaging about $1.4bn per year in commitments over the last five fiscal years. Net commitments from the bank to Brazil total $6.2bn.