Joachim von Amsberg (banker)

Joachim von Amsberg (born June 23, 1964) is a German economist and banker. In February 2016, he was appointed Vice President, Policy and Strategy of the new Asian Infrastructure Investment Bank.[1] Until then, he was Vice President of the World Bank, responsible for Development Finance.[2]

Joachim von Amsberg
Born (1964-06-23) June 23, 1964
Berlin, Germany
NationalityGerman
Alma materUniversity of British Columbia, Technische Universität Berlin

Early life and education

Von Amsberg was born in Berlin, Germany in 1964. He was educated at the University of British Columbia, Vancouver, Canada (Ph.D. and M.B.A.) and the Technical University of Berlin (M.Sc.). His 1993 Ph.D. thesis focused on environmental policy and carbon pricing in project evaluation.

Career

Von Amsberg joined the World Bank as a Young Professional in 1993. During his early years at the World Bank, he worked as Country Economist on environmental policies, poverty reduction and economic policy advice for the Governments of Argentina, Brazil, Chile, Egypt, and Paraguay. Subsequently, he was World Bank Country Director in the Philippines[3] (2004-2007) and in Indonesia (2007-2010) where he oversaw World Bank support for Indonesia during the global financial crisis [4] and development partner support for reconstruction after the Aceh tsunami.[5]

In 2010 he was appointed by World Bank President Robert Zoellick as Vice President for Operational Policy and Country Services, including responsibility for the World Bank's Environmental and Social Safeguards policies.[6] In 2013, he was appointed by then World Bank President Jim Yong Kim as Vice President for Development Finance. In this role, he was responsible for the replenishment and stewardship of the International Development Association (IDA — the World Bank’s fund for the poorest), Global Partnership and Trust Fund Operations, trusteeship of financial intermediary funds and innovative financing, and financial management of the concessional finance portfolio. He led the 17th replenishment of the International Development Association that mobilized US$52 billion in financing over three years and paved the way for debt financing of IDA investments.[7]

Since 2016 von Amsberg is serving as Vice President Policy and Strategy of the newly created Asian Infrastructure Investment Bank (AIIB). He was appointed by AIIB President Jin Liqun. In this role, von Amsberg drives the strategic direction for the Bank, including its sectoral and country priorities, its investment strategy and programming, its economic analysis and research, and its operating budget. He oversees the Bank's environmental and social policies, other operational policies, and their implementation.[8]

Throughout his career, von Amsberg has pursued his early interest in environmental policy and climate change as well as the role of institutions and governance in economic development. He has spoken and written extensively on issues of multilateral cooperation and institutions.[9]

Personal life

He is a member of the noble German House of Amsberg. Von Amsberg is married to Satiriantinah Bur Rasuanto, Chief of Staff to the Indonesian Minister of Investment.[10] He has five daughters and step-daughters.

References
  1. "Joachim von Amsberg wird Vizepräsident". Das Handelsblatt. 2016-02-05. Retrieved 2016-05-02.
  2. "NOGAID urges richer nations to support poor nations". VibeGhana.com. 2013-04-27. Retrieved 2013-06-12.
  3. "The Philippines: No longer a paradox". BusinessMirror. 2013-04-29. Archived from the original on 2013-06-06. Retrieved 2013-06-12.
  4. "World Bank grants $2bn loan to Indonesia". ft.com. 2009-03-04. Retrieved 2014-07-05.
  5. "Out of Aceh's experience, hope for rebuilding Haiti". washingtonpost.com. 2010-01-29. Retrieved 2014-07-05.
  6. "World Bank Names Three New Vice Presidents".
  7. "World Bank raises $52 bn for poor countries". eni.network24.co. 2013-12-18. Retrieved 2014-07-05.
  8. "AIIB Senior Management".
  9. "China hat langfristige strategische Interessen".
  10. "Yale Announces 10th class of Yale World Fellows", Yale News, 26 April 2011.
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