Ghana’s Victoria Kwakwa appointed a regional Vice President for World Bank

Jim Yong Kim,  President of the World Bank Group has appointed  Ghanaian, Dr Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific.  She was previously the World Bank’s Country Director of Vietnam.

Dr Kwakwa is expected to lead the Bank’s advisory and lending operations in the region and oversee strategic engagement with the region’s 23 member countries. The Bank’s lending in East Asia Pacific is expected to be over $7 billion in the fiscal year ending June 30.

“I am honored to lead our engagement in a region that is key to the future relevance of the World Bank Group. In the last decade, East Asia and Pacific’s share in the world economy has tripled, to about 19 percent. That number is projected to rise to more than 30 percent by 2030. I look forward to working with our client countries to maintain their competitiveness and economic dynamism while tackling challenges including urbanization, vulnerability to climate change, rapid ageing and rising inequality. I am confident that the region will continue to find innovative solutions that will resonate around the world,” she stated.