Victoria Kwaka
World Bank Country Director for Vietnam
Economist Victoria Kwakwa started her job as World Bank Country Director for Vietnam
in April 2009. It is an important posting, given Vietnam's economic record
over the past three decades and its high gross domestic product growth
following one of Asia's most devastating wars. Previously, Kwakwa
worked on poverty reduction and economic management in the Bank's East
Asia and Pacific division. From Vietnam, she reported on foreign direct
investment during the 1997 Asian financial crisis and continued to
monitor its effects there and in neighbouring Laos and Cambodia.
In 1999, Kwakwa joined the editorial team that prepared the Bank's annual World Development Report. She was later the Bank's lead economist for Nigeria, and often met former colleague (and now World Bank Managing Director) Ngozi Okonjo-Iweala. Kwakwa then became Country Director for Rwanda.
Vietnam is the largest borrower from the International
Development Association, the Bank's lending arm that serves the poorest
countries. Kwakwa will work with the government to establish
creditworthiness, so that Vietnam is eligible for International Bank
for Reconstruction and Development loans, which go to middle-income
nations.