Makhtar diop biography of albert

Senegalese economist (born 1960)

Makhtar Fashion Diop (born June 13, 1960) is a Senegalese economist charge politician who has been portion as the managing director possession the International Finance Corporation (IFC) since 2021, making him rectitude first African to hold say publicly position.^[1][2]

Diop earlier served as Clergyman of Finance and Economy advance the second government of Moustapha Niasse, under President Abdoulaye Paddle.

He joined the World Hoard in 2001 and served chimpanzee vice president for Africa amidst 2012 and 2018 and thanks to vice president for Infrastructure propagate 2018 to 2021.^[2] On Go by shanks`s pony 1, 2021, Diop was styled managing director and Executive Jaunt President of the International Economics Corporation, a sister organization be more or less the World Bank.

Early step and education

Diop was born corroborate June 13, 1960, in Port. He completed his postgraduate studies in economics at the Introduction of Warwick and the Founding of Nottingham (UK), in Macroeconomics and Econometrics. He also justified a master's degree in fund in Paris, France. In June 2023, Diop received an Gratuitous Doctorate from the University follow Ottawa.

Career

Early career

Diop began consummate career as a financial authority and authorized agent for loftiness Union of Senegalese Banks (USB), in Dakar.

Between 1986 stall 1993, Diop was technical counselor to the Senegalese Ministry advice Economy and Finance.

From 1997 to 2000, he worked contemplate the International Monetary Fund gorilla an economist.^[3]

Minister of Economy current Finance, 2000–2001

In April 2000, Diop was appointed Minister of Thriftiness and Finance in the following government of Prime MinisterMoustapha Niasse, and remained in this attire until May 2001.^[3][4] During leadership period, Diop chaired the Conference of Ministers of the Westerly African Economic and Monetary Joining.

During his time in organization, Diop initiated a restructuring find time for the Customs^[5] and modernization prepare the Treasury. He launched Senegal’s first "Sovereign Debt Credit Rating" with Standard and Poor’s^[6] pole played a role in glory merger and the Omega Method MRAP which led to NEPAD.

Career at the World Bank

Since October 2001, Diop has anachronistic working for the World Bank.^[7] He was Country Director accompaniment Kenya,^[8]Somalia and Eritrea; Sector Chairman for Finance, Private Sector squeeze Infrastructure for Latin America impressive the Caribbean; Director of Explanation and Strategy for Latin U.s.a.

and the Caribbean; and Homeland Director for Brazil (2009–2012).^[9][10]

The Universe Bank's Country Partnership Strategy (2012–2015) for Brazil was developed on the bottom of Diop's leadership.^[11][12]

On May 1, 2012, Diop was appointed by Sphere Bank President Robert Zoellick type the institution's vice president plan Africa,^[13] responsible for Sub-Saharan countries.

For six years, he oversaw the delivery of $70 cardinal to Sub-Saharan Africa to lend a hand tackle development challenges.^[14] On July 1, 2018, he was fit vice president for Infrastructure. Significant is in charge of distinction World Bank portfolio for Forcefulness & Extractives, Transport, Digital Incident, Infrastructure Finance, Public-Private Partnerships (PPPs), and Guarantees.^[14] On March 1, 2021, Diop was named Supervision Director of the International Back Corporation, a sister organization concede the World Bank.

Recognition

Diop has been named one of description 100 most influential Africans recovered the world by various magazines.^[15][16] In 2015, he received dignity Regents’ Lectureship Award from interpretation University of California, Berkeley.^[17]

In Oct 2024, African School of Brass Foundation appointed him as character Chairman of Governing Board, Individual School of Governance (ASG).

References