News Column

United States : NEW Vice President selected by World Bank

May 24, 2014

World Bank President Jim Yong Kim declared the selection of Hiroshi Naka as Vice President and Auditor General of the bank.

Naka, a Japanese national, has above 25 years of experience working with the Japanese Ministry of Finance and multilateral organizations, where he focused in issues such as economic sanctions, anti-money laundering, and supervision of financial institutions.

Kim said, "Hiroshi's expertise will greatly benefit the World Bank Group . "He has a deep knowledge of controls and broad experience in policy coordination, foreign exchange control, supervision of international and Japanese banks, and managing complex relationships with multilateral organizations."

Naka will be accountable for offering leadership on evaluating and improving the effectiveness of the organization's risk management, control, and governance processes. His selection will be effective July 2014.

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Source: TendersInfo (India)

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