Junaid Ahmad appointed as new World Bank head in India


NEW DELHI: Bangladesh’s Junaid Ahmad has become the new World Bank’s Country Director for India. He has replaced Onno Ruhl who had a tenure of four years.

Hailing from Bangladesh, Ahmad was Chief of Staff to the World Bank Group PresidentJim Yong Kim before being lifted to the present position.

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"A market analyst via preparing, Ahmad carries with him wide improvement experience. In the wake of joining the World Bank in 1991 as a youthful expert, he took a shot at base advancement in Africa and Eastern Europe," a World Bank discharge said.

"India's late development and advancement has been a standout amongst the most critical accomplishments of our time. With memorable changes unfurling and new open doors rising, Junaid will convey to this key position vital administration alongside impressive experience of working in both India and South Asia to bolster this change," Kim expressed.

Annette Dixon, World Bank Vice-President for South Asia said: "Junaid's solid involvement in the basic regions of water, urbanization, and social advancement will guarantee that the Bank's future procedure for India is detailed and executed in accordance with the nation's own particular improvement objectives."

Ahmad holds a PhD in Applied Economics from Stanford University, a Masters in Public Administration from Harvard University, and a BA in Economics from Brown University.

India is the World Bank Group's biggest customer, it said.

As of June 2016, the bank's net duties to India remained at $27 billion (International Bank for Reconstruction and Development $16 billion, International Development Association $11 billion) crosswise over 95 ventures.

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