World Bank appoints new country director for Maldives, Nepal, and Sri Lanka

20 Jun 2024 | 23:24
David Sisel (Photo/World Bank)

The World Bank has appointed David Sisel as its new Country Director for the Maldives, Nepal, and Sri Lanka, effective July 1, 2024.

Sisel will take over from Faris Hadad-Zervos, who is transitioning to a new assignment within the World Bank.

David Sisel, a dual citizen of the United States and Italy, began his career with the World Bank in 2001 as an economist in the Urban Cluster Unit.

Over the years, he has held several key operational and managerial roles across various regions. Most recently, he served as the Practice Manager for Urban, Disaster Risk Management, and Land in the Latin America and Caribbean region, based in Washington, DC.

Expressing enthusiasm for his new role,

 My key priority will be to lead the strategic dialogue to shape and implement operational engagements in line with the Bank’s focus on speed, scale, and impact, working closely with the government, development partners, and diverse stakeholders.

Sisel stated

In his new capacity, Sisel will oversee the World Bank’s portfolio for the Maldives, Nepal, and Sri Lanka, which totals approximately USD 4.8 billion.

His leadership is expected to drive strategic initiatives and operational effectiveness in these countries, reinforcing the World Bank's commitment to sustainable development and economic growth in the South Asia region.