World Bank appoints Zambian as VP to a Portfolio

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The World Bank has appointed a Zambian National, Dr. Samuel Munzele Maimbo, as its Vice President for Budget, Performance Review and Strategic Planning.

Dr. Maimbo has been associated with the World Bank for over two years now, where he previously served as the Director of the International Development Association (IDA) Resource Mobilization and International Bank for Reconstruction and Development (IBRD) Corporate Finance department.

Dr. Maimbo has a Ph.D. in Public Administration (Banking) from the University of Manchester, an MBA in Finance from the University of Nottingham, and a BSc. in Accounting from Copperbelt University, Zambia. He is also a Fellow Chartered Certified Accountant (FCCA, UK).

Dr. Maimbo’s appointment as the Vice President for Budget, Performance Review, and Strategic Planning is a major milestone for Zambia. It is the highest position ever held by a Zambian National at the World Bank, and it is a testament to the country’s potential and the caliber of its citizens.

Dr. Maimbo’s appointment comes at a time when the World Bank is working to address the significant challenges posed by the COVID-19 pandemic and its impact on the global economy. His expertise and experience in financial management and policy analysis will be critical in helping the bank navigate these challenges and in ensuring that its programs and projects are effective in addressing the needs of developing countries.

The appointment of Dr. Maimbo as the Vice President for Budget, Performance Review, and Strategic Planning at the World Bank is expected to have a positive impact not only on Zambia but also on other African countries.