Auguste Tano Kouame took over as the World Bank’s country director for India on Monday, replacing Junaid Kamal Ahmad. Ahmad had completed his five-year term in India.
Prior to his appointment in the South Asian nation, Auguste Tano Kouame was the World Bank’s country director for Turkey. The World Bank, in a statement, said Kouame led the expansion of the international bank’s program and deepened its support for the country’s climate program.
Previously, he was one of the Directors of the Human Development and Economic Management Department of the Independent Evaluation Group (IEG) of the World Bank Group from January 2017 to April 2019.
“The World Bank has been privileged to support India’s development achievements for over 75 years. I look forward to continuing this fruitful partnership at this critical time, as the country recovers from the effects of the COVID-19 pandemic to build a more resilient society. future,” said Auguste Tano Kouame.
He said the World Bank would support India’s ambitions to become an upper-middle-income country and a global leader on the climate agenda.
Of Ivorian nationality, he holds a degree in applied economics from ENSAE-Paris and a doctorate in economics from EHESS-Paris. He is also an alumnus of Harvard University.
“As India takes over the G20 Presidency later this year, the Bank globally looks forward to supporting India in this leadership role,” he said.
As of July 2022, the World Bank’s net commitments to India amounted to $21.86 billion ($18.76 billion from IBRD, $3.0 billion from IDA) for 99 projects .