MINSK, December 9, 2013 – The World Bank Vice President for Europe and Central Asia Laura Tuck announced the appointment of Mr. Young Chul Kim as Country Manager for Belarus.
Mr. Kim, a South Korean national, joined the World Bank in 1986 and has worked in various positions in Economic Projections Department, International Economics Department, Debt Relief Operations Unit, and in the Africa Region. He worked as Cluster Leader for Poverty Reduction and Economic Management from 2005 to 2011 overseeing Development Policy Operations in Malawi, Mozambique, and Uganda.
Mr. Kim is currently Senior Operations Officer working on Angola and Mozambique in the World Bank’s Africa Region. He studied International Law and International Economics at Yonsei University in Korea and the Johns Hopkins University in the U.S. With over twenty-seven years of work experience at the World Bank, he brings a unique combination of strong analytical skills, keen understanding of development issues and extensive operational expertise to this position.
Mr. Kim’s appointment takes effect on January 15, 2014.
The current World Bank investment lending portfolio in Belarus includes 5 operations for a total amount of USD 547.5 million. Since Belarus joined the World Bank in 1992, commitments to the country have totaled USD 955 million. In addition, grant financing totaling USD 23.7 million has been provided to about 30 programs including those with civil society organizations.