• On 15 September 2025, the World Bank Group announced the appointment of Carlos Felipe Jaramillo as Vice President for the East Asia and Pacific (EAP) Region. In this role, he will lead the Bank’s engagement with 23 countries and manage an active portfolio valued at over 32 billion US dollars. The appointment also marks the designation of Singapore as the new regional hub, part of the Bank’s broader decentralization strategy to strengthen client services and enhance in-region support.
• As Vice President, Jaramillo will prioritize initiatives in job creation, energy transition, digitalization, and human capital development.
• Calling the EAP region a global hub for innovation and growth, he reaffirmed his commitment to working with partners to deliver inclusive and sustainable development.
• Jaramillo brings extensive leadership experience from his previous assignments. Between 2020 and 2025, he served as Vice President for Latin America and the Caribbean, overseeing operations worth 41.5 billion US dollars across 31 countries.
• Earlier, as Director for East Africa, he managed more than 80 projects with a combined value of 12 billion US dollars in countries such as Kenya, Rwanda, and Uganda. He also headed the Macroeconomics, Trade, and Investment Global Practice and, before joining the World Bank, held senior roles in the Government of Colombia, contributing to key reforms in governance and macroeconomic policy.
• Academically, Carlos Felipe Jaramillo holds a master’s degree and a doctorate in Development Economics from Stanford University.
• His blend of policy-making experience, academic expertise, and global development leadership is expected to strengthen the Bank’s role in supporting growth and resilience across East Asia and the Pacific.