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PRESS RELEASEJuly 18, 2023

World Bank announces Issam Abousleiman as new director for Bolivia, Chile, Ecuador, and Peru

LIMA, 18 July 2023 – The World Bank announced the appointment of Issam Abousleiman as its new Country Director for Bolivia, Chile, Ecuador, and Peru.

Mr. Abousleiman, a Lebanese national, has more than 25 years of experience with the organization in the strategic areas of country management, corporate finance, and international capital markets. He will direct operations and strategic alliances, with a view to boosting the World Bank’s impact on the social and economic development of the four countries, and he will be based in Lima. 

Prior to this appointment, Abousleiman served as the Country Director for the Gulf Cooperation Council countries, Saudi Arabia, Bahrain, the United Arab Emirates, Kuwait, Oman, and Qatar. He has also held various posts at the World Bank, including World Bank manager for Colombia and Venezuela, and Head of Financial Advisory and Banking. His regional experience includes the regions of Africa, Asia, Europe, Latin America, and the Middle East. 

In Bolivia, the World Bank has an active financing portfolio for seven investment projects valued at almost US$1.4 billion, focused on transport, rural development and agriculture, health, and urban development. In addition, the Bank provides technical assistance in areas such as urban resilience, energy, water and climate resilience, and public investment, among others.  

In Chile, the World Bank has an active technical assistance and loans portfolio focused on innovative solutions to address complex development problems, improve the efficiency of social management, as well as projects for green hydrogen, social protection, water resources, and primary health care. 

In Ecuador, the World Bank has an active technical assistance and financing portfolio of US$3 billion, which includes 12 investment and policy support projects to achieve resilient, green, and inclusive economic development.  The projects focus mainly on infrastructure, social protection, access to financing, education, and health, among others.

In Peru, the World Bank has an active technical assistance and financing portfolio of US$2.169 billion, which includes 13 investment projects, and support for development policies to achieve inclusive, greener, and more resilient economic development, as well as policies aimed at enhancing human capital, innovation and social protection. The projects focus mainly on health, infrastructure, justice, urban development and the environment.

 

Contacts:

World Bank in Lima, Peru:

Pablo Andrés Rivero, priveromorales@worldbankgroup.org – tel. +51 954091786

World Bank in La Paz, Bolivia: 

Ericka Nogales, enogales@worldbank.org

World Bank in Santiago, Chile:

Rossana Luco Repossi rlucorepossi@worldbank.org

World Bank in Quito, Ecuador: 

Cristina Medina cmedina1@worldbank.org

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For more information about the work of the World Bank in Peru: http://www.bancomundial.org.pe/

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PRESS RELEASE NO: 18.07.2023

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