Profile
Currently, Makhtar Diop is Managing Director at International Finance Corp.
(Investment Company).
In this role, which he assumed on March 1st, 2021, he promotes private sector-led development to advance the World Bank Group's mission of reducing poverty and boosting shared prosperity on a livable planet.
His tenure has been marked by a strategic focus on creating sustainable, inclusive growth that addresses global challenges such as poverty, inequality, and climate change.
Prior to joining the IFC, he served as the World Bank's Vice President for Infrastructure from 2018 to 2021, where he led the Bank's global efforts to build sustainable infrastructure in developing and emerging economies.
Before that, he served for six years as the World Bank's Vice President for Africa, overseeing the delivery of a record-breaking USD 70 billion to Sub-Saharan Africa to help tackle development challenges.
His career spans both the public and private sectors.
He started his career in the banking industry before joining the IMF and later the World Bank.
He also served 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.
Makhtar Diop active positions
| Companies | Position | Start |
|---|---|---|
The World Bank Group
The World Bank Group SupranationalGovernment Operates as an international financial institution | Corporate Officer/Principal | 01/01/2001 |
International Finance Corp. (Investment Company)
International Finance Corp. (Investment Company) Financial ConglomeratesFinance IFC focuses exclusively on the private sector in developing countries. The firm seeks to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. They aim to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. | Chief Executive Officer | 01/03/2021 |
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| Private companies | 2 |
|---|---|
The World Bank Group
The World Bank Group SupranationalGovernment Operates as an international financial institution | Government |
International Finance Corp. (Investment Company)
International Finance Corp. (Investment Company) Financial ConglomeratesFinance IFC focuses exclusively on the private sector in developing countries. The firm seeks to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. They aim to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. | Finance |
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