Dr Samuel Maimbo is joining the Office of the President of the African Development Group.
This decision was made at the 44th Ordinary SADC Summit of Heads of States and Government, held in Harare, Zimbabwe, on the 17th August 2024.
Dr. Maimbo beat seven other candidates who contested for the position.
He has been the Vice President for Budget, Performance Review and Strategic Planning at the World Bank Group since July 1, 2023, overseeing the World Bank’s annual Programme Budget and All Funds, including the administrative budget for Bank Budget (BB) funds, Trust Funds, and Reimbursable Funds.
He has held various positions at the World Bank, including Senior Advisor in the Office of the Managing Director and Chief Financial Officer. He has also worked on a diverse range of operations and countries in the Bank’s Finance Competitiveness and Innovations (FCI) Global Practice, including as Practice Manager for Strategy and Operations and Practice Manager for Long-Term Finance & Risk Management supporting the Agriculture Finance & Insurance, Capital Market Development, Disaster Risk Finance, Housing Finance, Infrastructure Finance, Pensions & Insurance and Climate Finance programs.
He also served as Financial Sector Specialist in three regions, including South Asia, sub-Saharan Africa, and Europe and Central Asia.
His previous positions also include Director of the International Development Association (IDA) Resource Mobilization and International Bank for Reconstruction and Development (IBRD).
Picture: Supplied