The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025.
Verghis takes over from Dr. Ndiame Diop, who has assumed a new role within the institution.
A statement from the World Bank today described Verghis as an Indian national who brings more than 20 years of experience in economic policy and development, having joined the World Bank in 1999.”
Over the course of his career, he has worked in senior leadership roles spanning Africa, East Asia, Europe, and Central Asia. His most recent position was Regional Practice Director for Prosperity in the South Asia Region, based in Washington, D.C.
Speaking on his appointment, Verghis described this period as a critical moment for Nigeria’s development path.