IFC appoints Makhtar Diop as new MD, executive VP
Makhtar Diop has been appointed Managing Director and Executive Vice President of the International Finance Corporation.
He is currently serving as the World Bank's Vice President for Infrastructure, where he oversees the bank's critical work across energy and transport sectors, digital development, and its bid to bring more quality infrastructure services to communities through public-private partnerships.
Prior to that, Diop served for six years as the World Bank's Vice President for the Africa Region. He also served twice as a World Bank Country Director - for Brazil and for Kenya, Eritrea, and Somalia. Diop also worked as an economist in the International Monetary Fund. And he served as the World Bank Director for Finance, Private Sector & Infrastructure in the Latin America and Caribbean region.
In his new role at US-based IFC, his key responsibilities will be to deepen and energize IFC's 3.0 strategy of proactively creating markets and mobilizing private capital at significant scale.
