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World Bank’s New Country Director Arrives Tomorrow

In Dhaka:  Mehrin A. Mahbub  (880-2) 8159001
In Washington: Erik Nora (202) 458 4735

November 09, 2009: The World Bank has appointed Ms. Ellen Goldstein as its new Country Director for Bangladesh. Ms. Goldstein will join the World Bank office in Dhaka tomorrow.
Ms. Goldstein joined the World Bank in 1988 as a macroeconomist, and served as a Senior Economist for Bangladesh between 1990 and 1993.  For the past thirteen years, she has held managerial positions of increasing responsibility, including her most recent assignment as Country Manager for Burkina Faso.

For the past two years, Ms. Goldstein was on special assignment to the African Development Bank in Tunisia where she served most recently as Director of Quality Assurance and Results.  Prior to that, she was Country Director for programs in nine West African nations.

Goldstein was selected through a competitive process at the World Bank. She replaces Mr. Xian Zhu, who is now the World Bank’s Director for Strategy and Operations for the South Asia Region.
Going forward, Ms. Goldstein will guide development of the World Bank’s strategy to support Bangladesh, in alignment with country priorities and in the context of the changing global circumstances. She will also give priority to further strengthening the capacity to manage public resources and deliver results for the people of Bangladesh.

In reflecting on her earlier experience in Bangladesh, Ms. Goldstein stated “I found a rich culture and wonderful people when I worked here in the early 90s.  I am honored and excited to be returning to Bangladesh at a critical time in the country’s development.  Working together with Government and the people of Bangladesh, I look forward to contributing to growth and poverty reduction in coming years.”

The World Bank had provided a record high in concessional IDA lending of US$1.1 billion to Bangladesh in the 2009 financial year.  Currently, the World Bank in Bangladesh has 27 active operations, of which seven were approved by the World Bank Board in fiscal year 2009.

For more information on the World Bank in Bangladesh, please visit:

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