Wednesday, October 5, 2022

World Bank appoints new Resident Representative for oil hotspots, Guyana and Suriname

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The World Bank recently announced that Ms. Diletta Doretti has been appointed the new Resident Representative for Guyana and Suriname, the two most exciting exploration hotspots in South America.

The financial institution said Ms. Doretti will be based in Georgetown, Guyana while adding that she brings a wide range of development experience to her new position.

An Italian national, Ms. Doretti joined the World Bank in 2002 and held various positions throughout her 20-year career, most recently as a Senior Private Sector Development Specialist for the World Bank West Africa region based in Bamako, Mali.

In addition to her regional and country experience, she previously worked on corporate assignments, as well as developed strategies for private sector engagement, entrepreneurship, and innovation. Before joining the World Bank, Ms. Doretti worked as a legal researcher. She holds a Master’s of International Economics from SAIS Johns Hopkins and a Bachelor’s of International Affairs and Law from the University of Florence.

As the new Resident Representative for Guyana and Suriname, Ms. Doretti is responsible for the policy dialogue and partnership with these two countries, as well as the successful implementation of the World Bank’s multimillion-dollar programmes. This includes an active portfolio of seven projects worth US$116 million in Guyana and two projects worth US$58 million in Suriname.

The World Bank’s programmes in these two oil and gas provinces focuses on building resilience to climate change, human capital development, private sector development, and financial inclusion. Through the new representative, the World Bank will also keep providing analytical and advisory services to both nations as regards their respective oil and gas sectors.

In her brief remarks, the official said, “I look forward to deepening the World Bank’s engagement and partnership with Guyana and Suriname to address their most pressing development challenges. It’s critical we address climate vulnerabilities, including flood risks, strengthen private sector development, improve human capital, and support a green, resilient, and inclusive recovery from the COVID-19 pandemic.”

Ms. Doretti said she is committed to working closely with World Bank partners, including government, private sector, and civil society, for the betterment of the Guyanese and Surinamese peoples.

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