Makhtar Diop

[3][4][5][6] Before his appointment at the IFC, Diop had a series of senior leadership roles at the World Bank[7][2] and served as Senegal’s Minister of Finance and Economy from 2000 to 2001.

In this role, Diop oversaw the institution’s strategy and delivery of $70 billion in funding to promote economic growth, reduce poverty, and enhance resilience across the continent.

[23] He was instrumental in expanding financial inclusion programs, especially in rural regions, and in leading infrastructure projects that addressed energy deficits and transportation challenges.

He oversaw the World Bank portfolio for Energy & Extractives, Transport, Digital Development, Infrastructure Finance, Public-Private Partnerships (PPPs), and Guarantees.

On March 1, 2021, Diop was appointed Managing Director and Executive Vice President of the International Finance Corporation (IFC), the private sector arm of the World Bank Group,[25][26][27] becoming the first African to hold the position.

[28][29] In his current role, he has championed initiatives to mobilize private sector investment, promote climate finance, and support sustainable development in emerging markets.