BANGKOK, Thailand – The World Bank Group has appointed Carlos Felipe Jaramillo as Vice President for the East Asia and Pacific (EAP) Region, effective September 15. He will lead the Bank’s engagement across 23 countries in one of the world’s fastest-growing regions, with responsibility for an active portfolio valued at more than 32 billion US dollars.
Jaramillo will be based in Singapore, which is set to serve as the World Bank’s new regional hub for the EAP region. The appointment is part of the institution’s decentralization strategy to work more closely with clients and improve service delivery on the ground.
With more than two decades of leadership experience, Jaramillo has been tasked with advancing the Bank’s jobs-centered development agenda in East Asia and the Pacific. His priorities include partnerships in areas such as energy, human capital development, and digitalization to promote inclusive growth and stronger community resilience.
Since 2020, Jaramillo has served as Vice President for Latin America and the Caribbean, overseeing the Bank’s engagement with 31 countries and a portfolio of 41.5 billion dollars. Prior to that, he was Division Director for Eritrea, Kenya, Rwanda, Somalia, and Uganda, managing more than 80 projects worth over 12 billion dollars, and later led the Macroeconomics, Trade and Investment Global Practice.
Before joining the World Bank, Jaramillo held senior positions in the Colombian government. He holds both a master’s degree and a doctorate in development economics from Stanford University. (NNT)
