Makhtar Diop

Makhtar Diop is a Senegalese economist and international-development executive who has served as Managing Director of the International Finance Corporation since March 2021. His earlier public roles include Senegal's Minister of Economy and Finance and senior World Bank leadership positions focused on Africa and infrastructure.

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About Makhtar Diop

Profile information current to 2026-08-22.

Senegal · Economist, International development executive

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Known for: International development finance; Infrastructure development; African economic development
Country: Senegal

Economist
International development executive

At a glance

Diop has served as Managing Director of the International Finance Corporation since March 1, 2021.
He previously served as the World Bank's Vice President for Africa from 2012 to 2018 and Vice President for Infrastructure from 2018 to 2021.
His public-service background includes serving as Senegal's Minister of Economy and Finance.
He studied economics at the University of Warwick and the University of Nottingham in England.

Leadership at the International Finance Corporation

Diop assumed office as IFC Managing Director on March 1, 2021, following an appointment announced with the additional title of Executive Vice President. IFC leadership materials continued to list him as Managing Director as of August 22, 2026.

World Bank and development career

Diop joined the World Bank in 2001 after working in banking and at the International Monetary Fund. His World Bank career included service as Country Director for Brazil; Country Director for Kenya, Eritrea, and Somalia; and Director for Finance, Private Sector and Infrastructure in the Latin America and Caribbean region. He later led the institution's work as Vice President for Africa from 2012 to 2018 and as Vice President for Infrastructure from 2018 to 2021.

Public service and education

A Senegalese national and economist by training, Diop served as Senegal's Minister of Economy and Finance before his senior World Bank Group leadership roles. He holds economics degrees from the University of Warwick and the University of Nottingham in England.

Timeline

2001 Joined the World Bank after previous work in banking and at the International Monetary Fund.
2012-05-07 The World Bank announced Diop as its new Vice President for Africa.
2018 Began serving as World Bank Vice President for Infrastructure.
2021-03-01 Assumed office as IFC Managing Director; the appointment was announced with the additional title of Executive Vice President.

Additional verified details

Current context

IFC's leadership directory lists Makhtar Diop as Managing Director. This reflects IFC leadership materials accessed for this profile and may change after the as-of date.

Biographical facts

Diop is a Senegalese national and an economist by training.
He holds economics degrees from the University of Warwick and the University of Nottingham in England.
His earlier World Bank roles included Country Director for Brazil and Country Director for Kenya, Eritrea, and Somalia.
He served as Director for Finance, Private Sector and Infrastructure in the World Bank's Latin America and Caribbean region.
Before joining the World Bank, Diop worked in banking and at the International Monetary Fund.

Connections

Affiliations

Affiliations associated with Makhtar Diop.

International Finance Corporation Managing Director 2021-03-01–present
World Bank Vice President for Infrastructure 2018–2021
World Bank Vice President for Africa 2012–2018
Government of Senegal Minister of Economy and Finance
World Bank 2018–2021