Under his leadership, the World Bank will continue supporting inclusive growth and poverty reduction through a wide array of financial products and technical assistance.
Mr. Jaramillo will be overseeing an operational portfolio of over 80 projects representing a total investment of more than US$12 billion to help countries share and apply innovative knowledge and solutions to the challenges they face.
In Kenya the World Bank remains committed to working with public and private sector stakeholders to support policy and investment opportunities that enhance inclusive growth and the attainment of the Government’s “Big 4” medium-term development priorities.
Mr. Jaramillo is the outgoing Sr. Director of the World Bank Group’s Macroeconomics, Trade and Investment Global Practice (MTI) where he led a global team of over 450 economists. Since joining the World Bank, in 2002, he has also served two terms as Country Director in the Latin America and Caribbean Region.
Before joining the World Bank, Mr. Jaramillo served in the public service of the Government of Colombia, holding offices in the Ministry of Finance, the Central Bank and the Ministry of Trade. Mr. Jaramillo holds a Ph. D. in Development Economics from Stanford University.
Mr. Jaramillo succeeds Ms. Diarietou Gaye, who has been appointed as the World Bank’s Director of Strategy and Operations for the Africa Region.