Makhtar Diop is the World Bank's Vice President for Africa since May 2012 where he oversees a portfolio of over 600 projects in Africa totaling $65 billion to help tackle development challenges such as raising agricultural productivity; increasing access to affordable, reliable, and sustainable energy; fostering women’s and youth’s economic empowerment and promoting high quality education for all.
In addition to his international organization experience, Mr. Diop, an economist by training who started his career in the banking sector before joining the IMF and later the World Bank, has extensive private sector experience. He has also held government positions, most notably the position of Minister of Economy and Finance of Senegal. Makhtar Diop played a key role in instituting important structural reforms aimed at laying a strong foundation for Senegal’s sustainable growth in the late 1980s.
From 2009 to 2012, Mr. Diop held the position of World Bank Country Director for Brazil, where he managed the institution’s biggest country portfolio. Under his leadership, the World Bank helped finance major infrastructure work and the quality of transport infrastructure played a key role in making Rio de Janeiro a contender for the 2016 Olympics and in its choice as the host city for this event. Before assuming these positions, Mr. Diop served as Director of Strategy and Operations and Sector Director for Finance, Private Sector and Infrastructure, with both positions being in the Latin America and Caribbean Region. Between 2002 and 2005, Makhtar Diop was the Bank’s Country Director for Kenya, Eritrea, and Somalia, based in Nairobi.
In 2017, Makhtar Diop, a recognized opinion leader in the economic and social development field, was named one of the 100 most influential Africans in the world. In March 2015, he received the prestigious Regents’ Lectureship Award from the University of California, Berkeley.
Mr. Diop holds degrees in economics from the Universities of Warwick and Nottingham in England.