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World Bank appoints Firas Raad as Malawi’s Country Manager

World Bank Group has appointed Firas Raad as the new Country Manager for Malawi, a statement from the bank has confirmed.

Raad will oversee the World Bank’s portfolio in Malawi, which consists of 30 International Development Association (IDA) lending operations, with a total commitment of $3.39 billion.

This includes eight regional projects worth $862.28 million, complemented by $161.19 million in trust funds (both Bank and Recipient Executed).

Raad’s previous positions with the World Bank include serving as Country Manager for South Sudan, Malaysia, and Kuwait.

 

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