Santiago, November 18, 2024 – Effective today, Jean-Marc Arbogast assumes the role of World Bank Group Country Manager for Chile. This position will unify country-level leadership across the institution to better support Chile’s public and private sector priorities. The new structure will provide a single point of contact for access to the full breadth of World Bank Group products and services and enhance the institution’s ability to address global challenges and drive development with speed, efficiency, and impact in the country.
The introduction of joint country representation is an important step toward building a stronger World Bank Group. Chile is one of 21 World Bank Group offices transitioning to a single World Bank Group Country Manager or Resident Representative for the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the International Development Association (IDA), and the Multilateral Investment Guarantee Agency (MIGA).
“The relationship between Chile and the World Bank Group currently focuses on identifying innovative solutions to complex challenges to help the country achieve a more sustainable and inclusive economic development. In many cases, these solutions have become global public goods that can be replicated in other countries in the region and around the world,” said Jean-Marc Arbogast, World Bank Group Country Manager for Chile. “Unified leadership will improve our response and make us a better partner to the government, the private sector, and ultimately the people we serve."
The World Bank Group’s Country Partnership Framework for Chile for 2023–2027, which sets the agenda for the institution’s engagement with the country, prioritizes two areas of engagement: improving the quality and inclusiveness of social and financial services and enhancing environmental sustainability and climate change resilience.
Jean-Marc Arbogast began his career at the World Bank Group in 2012 as a senior investment officer in IFC’s Infrastructure and Natural Resources team, where he led the origination and execution of transactions in the sector globally. He then served as adviser to IFC’s Vice President for Corporate Strategy and Resources, where he helped formulate and articulate IFC’s strategic priorities. Mr. Arbogast most recently served as IFC’s Country Manager for the Philippines, where he worked with the government, the private sector, and civil society to drive development in key sectors to generate economic growth and jobs. Before joining the World Bank Group, he was an investment banker at Bank of America Merrill Lynch in New York. A French national, Mr. Arbogast holds an MBA from Yale University and a Master’s in Aeronautical Engineering from ENSICA, a French engineering school.
About the World Bank Group (WBG): The World Bank Group has a new vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries. It consists of the World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). For more information, please visit www.worldbank.org, www.ifc.org, and www.miga.org.
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For more information on the World Bank’s work in Chile, please visit: https://www.worldbank.org/en/country/chile
