Zimbabwean gets top World Bank post

Economist Andrew Bvumbe has been elected executive director of the World Bank Group representing the Africa Group One constituency, the first time a Zimbabwean has held such a post in the history of the bank.

Bvumbe was elected on Thursday at the Africa Group One Constituency meeting held on the sidelines of the International Monetary Fund (IMF)/World Bank annual meetings in Washington DC. His tenure runs from November 1 through October 31, 2018.

The Africa Group 1 Constituency is made up of 22 countries — Botswana, Burundi, Eritrea, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.