Philippe Le Houérou became Vice President for the Europe and Central Asia region in August 2009. Born in Montpellier, France, Le Houérou grew up in North Africa and Italy and went on to attend the Institut d'Etudes Politiques de Paris (France), followed by an MBA at Columbia University in New York and a Ph.D in International Economics from the Institut d'Etudes Politiques de Paris. Le Houérou joined the World Bank as part of its Young Professionals Program and has worked in the East Asia, Latin America, Africa, and Europe and Central Asia regions. In the mid-1990s, he served as Country Economist for the Russia program and advised on budget management and public expenditure issues. After Russia, Le Houérou worked on poverty and economic issues in southern Africa, including a stint as the Country Manager for Madagascar, where he supported the government’s reform program and the opening up of the country’s economy. In May 2006, Le Houérou became Vice-President of Concessional Finance and Global Partnerships (CFP). In this position he worked with donor countries to replenish the resource envelope of the International Development Association (IDA) - the Bank’s concessionary loan arm that supports development programs in the poorest countries with long-term, interest-free credits and grants. Le Houérou twice led the team that successfully replenished IDA. He also oversaw a reform of donor trust fund management and innovative finance methods for the World Bank Group. In between the two IDA efforts, Le Houérou served as acting Vice-President of the World Bank’s Information Solutions Group, which supports the Bank’s business strategy and operations through cost-effective and efficient information and technology solutions. As Vice President for the World Bank’s Europe and Central Asia region, Le Houérou supervises 800+ staff working in headquarters, 23 country offices, and 2 satellite offices, serving 30 countries. Speeches |  | |
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