Faris Hadad-Zervos has been appointed as the World Bank’s new Country Director for Maldives, Nepal and Sri Lanka. The posting came into effect yesterday (01).
Based in Kathmandu, Nepal, he will lead World Bank support to Maldives, Nepal and Sri Lanka. Hadad-Zervos will oversee the current total portfolio of around USD 5.5 billion.
He succeeds Idah Z. Pswarayi-Riddihough. He previously served as the World Bank Country Manager for Nepal. A US national, he joined the World Bank in 1996 and held country manager positions in Malaysia and Bolivia.
He also served as Manager of the Technical Cooperation Program with the Gulf Cooperation Countries, Head of Mission for Iraq, and Operations Manager for the West Bank and Gaza.
The World Bank is currently supporting the governments of Maldives, Nepal and Sri Lanka through COVID-19 emergency response projects totalling over USD 350 million to help the countries prevent, detect and respond to the pandemic and strengthen public health preparedness.