Former Seychelles finance minister lands World Bank post – Pierre Laporte to assume country director role in Cote d’Ivoire

Seychellois holder of a Master’s degree in Economics will be assuming the role of the World Bank’s Country Director in Cote d’Ivoire, as of November 1, 2015.

File photo taken on October 12, 2013 in Washington DC shows Pierre Laporte attending the 2013 World Bank Group/IMF Annual Meetings

The former Seychelles Minister of Finance, Trade and Investment received official confirmation of his appointment to the position, in October 2015.

Mr. Laporte explained that he will be based in Abidjan, taking charge of four other African countries; Guinea, Benin, Burkina Faso and Togo.

“I was invited by the World Bank to consider a few positions in late September, I was asked for an interview which I did and then this one came about,” said Mr Laporte.

This is not the first time Laporte will be working for an international financial institution having worked with the International Monetary Fund (IMF) for some six years. He worked as an economist for three years before he became the fund’s resident representative in Niger from 2005 to 2008.

“As a Seychellois having worked for the IMF and now the World Bank, the biggest development institution especially at the level of director, it is a massive achievement for myself and for the country,” said Laporte adding that he feels very happy and honoured to have been given the opportunity to be part of the World Bank staff.

To note that he now joins another Seychellois who also holds a top post with the Washington DC-based international institution. Larose was appointed Executive Director of the Africa Group 1 Constituency at the World Bank Group in October last year.

Laporte’s imminent departure, however, comes barely four months after he became the SACOS Group’s CEO in June this year after he joined the private sector as a financial consultant in February 2015. As the former Seychelles Minister of Finance, Trade and Investment received official confirmation of his appointment to the position, in October 2015. 

Laporte has played a key role in the implementation of the country’s successful economic reform process which started in 2008 as well as Seychelles'

Article Source: Seychelles News Agency