Makhtar Diop

Currently, Makhtar Diop is Managing Director at International Finance Corp.
(Investment Company).
Mr. Diop is also Managing Director & Executive Vice President at The World Bank Group.
He assumed this position on March 1st, 2021.
Prior to this appointment, he was the World Bank’s Vice President for Infrastructure, where he led the Bank’s global efforts to build sustainable infrastructure in developing and emerging economies.
In this role, he oversaw the Bank’s critical work in energy, transport, digital infrastructure, and public-private partnerships.
Prior to this, Mr. Diop served for six years as the World Bank’s Vice President for Africa, He previously served as World Bank Director for Finance, Private Sector & Infrastructure in the Latin America and the Caribbean Region; Country Director for Brazil, where he helped finance major infrastructure work; and Country Director for Kenya, Eritrea, and Somalia.
Mr. Diop brings to the post a level of experience and understanding of development challenges and a firm grasp of the public/private sector interface.
His main priorities will be to mobilize investments in the poorest and most fragile countries and create the conditions for a resilient, inclusive, and sustainable recovery.
In addition to his international organization experience, Mr. Diop, an economist by training who started his career in the banking industry before joining the IMF and later the World Bank, has extensive private sector experience.
He has also held government positions, most notably as Minister of Economy and Finance of Senegal, where he played a key role in instituting structural reforms that helped build a strong foundation for Senegal’s growth in the late 1980s.
Mr. Diop holds degrees in economics from the Universities of Warwick and Nottingham in England.