The Costa Rica News (TCRN) – The World Bank announced the appointment of J. Humberto López as the Director for Central America, effective since July. Lopez is a recognized expert on Central American economic and social issues, having held other positions within the institution for the subregion.

“One of the priorities of Humberto Lopez will be leading the unit dedicated to Central America to the provision of integrated solutions designed to reduce extreme poverty and foster shared prosperity in Central America, generating more opportunities for all citizens, and contribute to the integration of the subregion,” said Jorge Familiar, Vice President of World Bank for Latin America and the Caribbean.

Lopez, of Spanish origin, joined the World Bank in 1996 and has worked since then in various positions in the regional units in Africa, Latin America and the Caribbean, and then changed to the management of economic policy, poverty reduction and the office of the President of the World Bank Group.

Until his appointment, he was paying duties as Director of Economic Policy and Poverty Reduction in Latin America and the Caribbean.

Lopez was Chief Economist of the World Bank for Central America between 2008 and 2011 and is co-author and/or editor of publications on integration and trade agreements in Central America, economic growth, remittances, investment climate, poverty reduce, inequality and political prosecutor.

The new World Bank Country Director for Central America has a Ph.D. in Economics from the European University Institute in Italy and an MA in Economics from the University of Warwick in England.

In his new position, Lopez, who will be based in Washington, DC, will take over the management unit that includes six Central American countries. López replaces in that position Carlos Felipe Jaramillo, who now works as an advisor for the Managing Director of the World Bank Group, Sri Mulyani Indrawati.

The Costa Rica News (TCRN)

San Jose, Costa Rica