The World Bank Group has announced the appointment of its first Resident Representative in Guyana. The appointment of senior World Bank Official, Diletta Doretti to the position took effect on the 1st July.

In a statement, the bank said the appointment of a Resident Representative seeks to unify country-level leadership across the institution to better support Guyana’s public and private sector priorities.

According to the Bank, the newly created position provides a single point of contact for access to the full breadth of World Bank Group products and services and will enhance the institutions’ ability to address global challenges, and drive development with speed, efficiency, and impact.

The new Resident Representative said the World Bank’s goal is to increase operations in Guyana and to have a unified leadership to partner with the government and the private sector to ensure that impactful results can be delivered.

She also said the Bank is exploring key sectors including agribusiness, tourism, education, access to finance for small and medium-sized enterprises, as well transportation and logistics infrastructure in Guyana.

The World Bank also explained that in Guyana, it is working to advance human capital, with a particular focus on education and strengthening climate resilience to flood risk management. 

The new Resident Representative, who previously led the Group’s engagements with the public sector in Guyana, will now also be responsible for deepening and managing the partnership with Guyanese authorities and the private sector. Additionally, Doretti will develop integrated solutions that span both sectors to ensure the effective implementation of the World Bank Group’s engagement framework in Guyana.

Since joining in 2002, Doretti has held various positions at the World Bank, including as Senior Private Sector Development Specialist for the World Bank West Africa region, based in Mali. She has extensive World Bank experience, including country engagements and developing strategies for private sector development, entrepreneurship, and innovation.

The introduction of joint country representation is an important step towards building a stronger World Bank Group, the statement from the bank noted.

It was also explained that Guyana is one of 21 World Bank Group offices transitioning to a single World Bank Group Country Manager or Resident Representative for the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA).

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