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HomeBusinessWorld Bank appoints Firas Raad as new Country Manager for Malawi

World Bank appoints Firas Raad as new Country Manager for Malawi

By Twink Jones Gadama

BLANTYRE-(MaraviPost)-The World Bank Group has named Firas Raad, a seasoned Jordanian national, as the new Country Manager for Malawi, effective July 9, 2024.

Raad, who brings 27 years of experience to the role, succeeds Nathan Belete, who previously oversaw operations in Malawi, Zambia, and Zimbabwe.

According to a statement from the World Bank, Raad will be based in Lilongwe and will be responsible for managing the institution’s portfolio in Malawi, which comprises 30 projects funded by the International Development Association (IDA) with a total value of over US$3.39 billion.

Raad’s appointment marks a significant milestone in the World Bank’s efforts to support Malawi’s development agenda.

His extensive experience in international development, particularly in the health sector, will be invaluable in addressing the country’s pressing challenges.

Prior to his appointment, Raad served as the World Bank Country Director in Malaysia, South Sudan, and Kuwait.

He holds a doctorate and master’s degree in international health policy and economics from the prestigious Harvard School of Public Health, among other qualifications.

As Country Manager, Raad will work closely with the Government of Malawi, development partners, and stakeholders to identify and address key development priorities.

His expertise in health policy and economics will be particularly relevant in supporting Malawi’s efforts to strengthen its healthcare system and improve health outcomes.

Raad’s appointment is a testament to the World Bank’s commitment to supporting Malawi’s development journey.

His leadership and expertise will be instrumental in shaping the institution’s support to the country, fostering inclusive growth, and reducing poverty.

The appointment of Firas Raad as World Bank Country Manager for Malawi marks a new chapter in the institution’s engagement with the country.

His extensive experience and expertise make him well-suited to lead the World Bank’s efforts in supporting Malawi’s development aspirations.

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