The World Bank Monday has announced the appointment of Hafez Ghanem as its new Vice President for Africa. The appointment it says takes effect on July 1, 2018.
In a press release copied to ghanabusinessnews.com, the Bank says Ghanem succeeds Makhtar Diop, who has been appointed as the World Bank’s Vice President for Infrastructure is a development expert with over 30 years of experience.
“Ghanem will lead an active regional portfolio consisting of over 600 projects totaling more than $71 billion,” the release says.
According to the Bank, Ghanem brings a wealth of experience to the position, having worked in more than 30 countries in Africa, Europe and Central Asia, Middle East and North Africa, and Southeast Asia.
He was previously the World Bank’s Vice President for the Middle East and North Africa, the release added.
By Emmanuel K. Dogbevi