Nairobi: The World Bank Group has appointed Carlos Felipe Jaramillo as Vice President for the East Asia and Pacific (EAP) Region, with his tenure beginning on September 15, 2025.

According to World Bank, Jaramillo brings over two decades of leadership experience across various regions and global practices. His appointment positions him to advance the Bank’s jobs-focused development agenda in a region known for its dynamic nature.

In his role as EAP Vice President, Jaramillo will oversee partnerships with 23 countries and manage an active portfolio that exceeds US$32 billion. He will be based in Singapore, which is set to become the new regional hub for the EAP region as part of the World Bank’s efforts to decentralize, bringing it closer to its clients and improving service delivery.