WB names de Tray as RI country director
WB names de Tray as RI country director
JAKARTA (JP): The World Bank has appointed Dennis de Tray as
country director based in Jakarta as part of its decentralization
and management changes in the East Asia and Pacific region.
The World Bank said in a statement last week that the new
position was to give Indonesia closer and more immediate access
to the decision-making powers.
The statement said Dennis de Tray's appointment was based on
his experience in serving clients, pursuing the banking group's
development agenda, achieving results on the ground and in
teamwork partnerships and managing people and financial resources
in Indonesia.
Prior to his current position, Dennis de Tray had been a
director and resident staff in Indonesia since July 1994.
Other country directors appointed, according to the bank,
include Yukon Huang for China, based in Beijing; Andrew Steer for
Vietnam, based in Hanoi; J. Shivakumar for Thailand, based in
Bangkok; and Vinay Bhargava for the Philippines, based in Manila.
The World Bank said that as part of its strategic compact and
renewal process, the East Asia and Pacific region has completed
its first part of decentralization and has become more client-
oriented, field-centered and responsive.
With the transfer of decision-making and responsibility to the
field and utilizing global knowledge and expertise, the East Asia
and Pacific region could grow in effectiveness and improve client
and shareholder satisfaction, the bank said.
The World Bank is one of the leading lending agencies to
Indonesia. The World Bank's cumulative lending to Indonesia was
US$24.7 billion as of June 30 this year.
The World Bank said it was financing 78 projects in Indonesia
with 91 percent of them being rated satisfactory.
In 1997/1998 fiscal year, total lending by the World Bank to
Indonesia was $914.6 million for 11 projects in urban and rural
infrastructure, secondary and higher education, health, fiscal
management and small power facilities using renewable energy
sources. (aly)