World Bank appoints new country director for Nigeria

The World Bank has appointed Shubham Chaudhuri as country director for Nigeria.

Chaudhuri joined the Nigeria office on Tuesday, succeeding Rachid Benmessaoud who completed his term as the country director.

According to a statement by the World Bank, Chaudhuri, a US national who grew up in India, joined the organisation in 2004 and has held several leadership positions with his most recent position being country director for Afghanistan.

He was quoted to have said it was an honour to be in Nigeria to help government partners at the federal and state levels, realise the country’s potential, by transforming the economy, catalyzing private investment and job creation, investing in Nigeria’s children, and creating opportunities for Nigeria’s youth and women.

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He added, “The World Bank Group has a long-standing partnership with Nigeria and I look forward to deepening our engagement with government partners, with Nigeria’s very vibrant civil society and private sector, and with international development partners to help lift millions of Nigerians out of poverty.”

The World Bank stated that in his new position, Chaudhuri’s top priorities would be to lead the strategic dialogue with government, development partners, and other key stakeholders.

He would also develop and implement the new country partnership framework, and provide customized solutions and policy advice to Nigeria, the bank said.

“Prior to this, Chaudhuri was practice manager in the macroeconomics and fiscal management global practice for the South Asia Region,” the statement read in part.

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It added that he also held the position of manager of the World Bank’s poverty reduction and economic management department for East Asia and the Pacific, and lead economist for Indonesia.

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