ean Pesme is set to officially assume office tomorrow as the new World Bank Division Director for Bangladesh and Bhutan. Pesme brings extensive development experience to this critical role, including a proven track record in fostering economic growth, building resilient financial systems, and promoting inclusivity.
A French national and an engineer by training, Pesme joined the World Bank in 2003 as a Senior Infrastructure Specialist. Since then, he has held various leadership positions within the World Bank Group, including its private sector arm, the International Finance Corporation (IFC). He possesses significant expertise in financial sector issues, with a notable focus on the Middle East and North Africa region.
Prior to this appointment, Pesme served as the Global Director for Finance, where he spearheaded the World Bank’s efforts to advance the development of sound, stable, sustainable, and inclusive financial systems. He also led the World Bank’s Financial Stability and Integrity global team, which assists countries in establishing and restoring robust, transparent, and resilient financial systems that adhere to international standards.
“Bangladesh has unique development experiences to share with the world. This is a country that has repeatedly surprised the world with its development innovation, determination, and resilience to tackle pressing development and economic challenges,” said Pesme. “I look forward to working closely with the government and people of Bangladesh to help the country maintain robust and inclusive development and growth trajectory.”
Pesme further added, “Going forward, we are harnessing the full strength of the One World Bank Group by collaborating closely with our private sector arms, IFC and MIGA, to mobilize private sector growth and investment, leading to the creation of quality jobs.”
In his new capacity as the World Bank Division Director for Bangladesh and Bhutan, Pesme will lead the strategic and policy dialogue that shapes the World Bank’s engagement in both countries, supporting them in achieving their respective development goals. He will also ensure that country and regional programs align with the World Bank Group’s vision and mission and are firmly rooted in national priorities, while emphasizing selectivity, speed, scale, impact, and strategic partnerships.
The World Bank has been a key development partner for Bangladesh since its independence, having committed over $46 billion in grants, interest-free, and concessional credits. Currently, Bangladesh operates the largest IDA (International Development Association) program with the World Bank, boasting an ongoing commitment of $15.4 billion.
