The World Bank has appointed Johannes Zutt as its new country director for Bangladesh and Nepal.
He joined the World Bank office in Dhaka on Thursday.
Zutt, a Dutch national, has wide experience in development since 1990, said a statement.
He joined the World Bank in 2000 and held managerial positions of increasing responsibility. Most recently prior to joining Dhaka office, Zutt served as the country director for Eritrea, Kenya, and Rwanda.
He had also worked as the country program coordinator for a number of countries, including Angola, China, Malawi, Mongolia, Mozambique, and Zambia, as well as the team leader for numerous country strategies and projects.
Going forward, Zutt will guide the World Bank’s engagement in Bangladesh, aiming to reduce poverty and ensure shared prosperity. He will also give priority to further strengthening the capacity to support the government to promote sustainable development, job creation and good governance.
Since independence, the World Bank has provided more than $16bn support to Bangladesh. Its current portfolio in Bangladesh consists of 36 projects with a commitment of $4.5bn.