World Bank Group appoints Firas Raad New Division Director for Malawi, Tanzania, Zambia and Zimbabwe

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(L to R): New World Bank Group Division Director for Malawi, Tanzania, Zambia and Zimbabwe, Dr. FIRAS RAAD, out-going country manager for Zambia, Dr. ACHIM FOCK, & Zambia’s Finance & National Planning Minister Dr. SITUMBEKO MUSOKOTWANE, MP, engaging at the recently ended World Bank Group & IMF Spring Meetings, Washington DC, USA. 

News Release

WASHINGTON April 28, 2026 —The World Bank Group has appointed Firas Raad as the new Division Director for Malawi, Tanzania, Zambia and Zimbabwe, effective May 1.

Raad, a Jordanian national has nearly 30 years of experience as a development and health policy professional, having worked for the World Bank Group, the United Nations, and with the Jordanian government.

(L to R): New World Bank Group Division Director for Malawi, Tanzania, Zambia and Zimbabwe, Dr. FIRAS RAAD, out-going country manager for Zambia, Dr. ACHIM FOCK, & Zambia’s Finance & National Planning Minister Dr. SITUMBEKO MUSOKOTWANE, MP, engaging at the recently ended World Bank Group & IMF Spring Meetings, Washington DC, USA. – Ministry of Finance and National Planning, #mofnp, Lusaka-Zambia.

Raad most recently served as the World Bank Country Manager for Malawi. His previous positions in the World Bank, included serving as a Country Manager for South Sudan, Malaysia, and Kuwait.

Raad served as Head of Mission for the Office of the Quartet Representative in East Jerusalem – while on secondment from the World Bank – and as a Human Development Coordinator for the Gulf Cooperation Council (GCC) countries and Senior Health Specialist in the Middle East and North Africa (MENA) Region.

(L to R): New World Bank Group Division Director for Malawi, Tanzania, Zambia and Zimbabwe, Dr. FIRAS RAAD, & Zambia’s Finance & National Planning Minister Dr. SITUMBEKO MUSOKOTWANE, MP, at the recently ended World Bank Group & IMF Spring Meetings, Washington DC, USA. – Ministry of Finance and National Planning, #mofnp, Lusaka-Zambia.

Raad will be based in Dar es Salaam, where he will oversee a Bank-supported portfolio of $14.1 billion across the four countries, with investments spanning infrastructure, human capital, private sector development, climate, and gender.

Raad holds a doctorate and master’s degree in international health policy and economics from the Harvard School of Public Health, a master’s degree in international relations (with a focus on macroeconomics and middle eastern studies) from the School of Advanced International Studies (SAIS) and a bachelor’s degree in economics from Johns Hopkins University. He speaks Arabic and English.

Raad replaces Nathan Belete, who has been appointed Regional Programs Director, Africa.

* The World Bank’s International Development Association (IDA), established in 1960, helps the world’s low-income countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve people’s lives. IDA is one of the largest sources of assistance for its 75 client countries, 39 of which are in Africa. Since 1960, IDA has provided $552 billion to 115 countries. Annual commitments have averaged about $36 billion over the last three years (FY21-FY23), with about 75% going to Africa. Learn more online: https://ida.worldbank.org #IDAworks

 

Dar es Salaam & Harare: Loy Nabeta Lnabeta@worldbank.org

Lusaka: Carlyn Hambuba chambuba@worldbank.org

Lilongwe: Henry Chimbali hchimbali@worldbank.org

 

For more information about the World Bank’s programs, in Malawi please visit:

www.worldbank.org/country/en/malawi

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Listen to our Afronomics Podcast: https://www.worldbank.org/en/news/series/afronomics-a-podcast-series

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