World Bank Appoints New Country Director for Ukraine, Belarus and Moldova

February 2, 2012

Chisinau, February 1, 2012 - The World Bank is pleased to announce the appointment of Mr. Qimiao Fan as Director for Ukraine, Belarus and Moldova.

In this position, Mr. Fan will oversee the Bank’s program in the three countries and lead the Bank’s country team with a focus on results, quality and efficiency. Mr. Fan will lead the policy dialogue with the government counterparts, civil society and other partners.

Mr. Fan, a Chinese national, joined the Bank in 1991 as a Young Professional. He worked then as an economist/senior economist on Russia and CIS countries. Mr. Fan took leave from the Bank in January 1998 to work in the private sector in various senior executive positions in China until September 2002. After returning to the Bank Mr. Fan became Program Leader for the Investment Climate Program in the World Bank Institute. His most recent assignment was Country Manager for Cambodia.

Prior to joining the World Bank Mr. Fan worked as a researcher in development and transition economics at the London School of Economics and as a policy researcher at Jiangxi Institute of Finance and Economics in China.

Mr. Qimiao Fan holds a PhD in Economics from the University of Birmingham, United Kingdom, and a BA in Economics from the Jiangxi Institute of Finance and Economics in China. He has published widely on topics related to international economics, investment climate and the problems of economies in transition.

Mr. Fan’s appointment takes effect on February 1, 2012.

Mr. Martin Raiser served as Country Director for Ukraine, Belarus and Moldova from July 7, 2008. In January 2012, Mr. Raiser was appointed Country Director for Turkey.

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