Board of Directors

Ngozi Okonjo-IwealaNgozi Okonjo-Iweala

Ngozi Okonjo-Iweala is a Managing Director of the World Bank.

Between 2003 and 2006 she served as Minister of Finance and Economy of Nigeria and Head of Nigeria's Presidential Economic team. During her period in office, Nigeria stabilized the macro-economy and tripled the growth rate to an average 6 percent per annum. In October 2005, she led the Nigerian team that negotiated the cancellation of 60 percent of Nigeria’s external debt with the Paris Club. Previously, she served for 21 years at the World Bank, where she held the post of Vice President and Corporate Secretary, as well as other senior positions including Country Director Malaysia, Mongolia, Laos and Cambodia, and Director, Operations for the Middle East. Dr Okonjo-Iweala served as the Bank’s Director of Institutional Change and Strategy during 1995-1997.

Dr. Okonjo-Iweala is a member or chair of numerous boards and advisory groups, including DATA, the World Resources Institute, the Clinton Global Initiative, the Nelson Mandela Institution, Friends of the Global Fund Africa, and the African Institute of Science and Technology. She was the founder of the first indigenous opinion research organization in Nigeria (NOI Polls) in partnership with the Gallup organization. She was also co-founder of the Makeda Fund, a private equity fund designed to invest in women-owned small and medium enterprises in Africa.

Dr. Okonjo-Iweala was educated at Harvard and has a PhD in Regional Economics and Development from MIT. She is married to surgeon Dr. Ikemba Iweala and they have four children. They live in the Washington, DC, USA area.

Roberto DaninoRoberto Danino

Roberto Danino was Prime Minister of Peru in 2001 and 2002. During his term in office, he led the negotiation of the "Acuerdo Nacional' (National Agreement) which brought the leading political parties, civil society organizations, and the government to agree on a set of long-term policies. He also launched an ambitious program for poverty alleviation and promotion of economic growth, and established a national competitiveness program.

Earlier, as Ambassador to the United States (2002-2003), he was responsible inter alia for concluding the negotiation of the Andean Trade Preferences and Drug Eradication Act (ATPDEA). Previously he was Senior Vice President and General Counsel of the World Bank. He was also the founding General Counsel of the Inter-American Investment Corporation (IIC), the private sector affiliate of the Inter-American Development Bank. Mr. Danino has over 30 years experience as a partner in leading law firms in Lima and Washington, DC, including Wilmer Cutler and Pickering where he was the Chairman of the Latin America Practice Group. He has published and lectured widely on international economic law and on dispute resolution matters.

Mr. Danino serves on various corporate boards and non-profits in the UK, Peru, USA and South Africa.

Mr. Danino is a graduate of Harvard Law School and the Pontificia Universidad Catolica del Peru. He is married with four sons, and resides in Lima, Peru, and Washington DC, USA.

K.Y. AmoakoK.Y. Amoako

K.Y. Amoako is President and founder of the African Center for Economic Transformation (ACET), a policy research and advisory institution based in Ghana focused on working with African governments to deliver long-term economic growth.

Previously he served as Under Secretary General of the UN and Executive Secretary of the Economic Commission for Africa (ECA) from 1995-2005. He created the African Development Forum, designed to sharpen debate and build consensus on key African development issues, and also played a key role in working with African leaders to formulate the underpinnings of NEPAD and the African Peer Review Mechanism. He served at the World Bank from 1974 to 1994, becoming one of the first Africans to rise to a senior position. After retiring from the UN, Mr. Amoako spent 2006 as a Distinguished African Scholar at the Woodrow Wilson International Center for Scholars.

He has led or been a member of numerous high-level international commissions and task forces, including: the Commission for HIV/AIDS and Governance in Africa, convened by former UN Secretary-General Kofi Annan; the Commission for Africa established and chaired by former Prime Minister Tony Blair; and the Commission on Macroeconomics and Health chaired by Prof. Jeffrey Sachs.

Mr. Amoako is a graduate of the University of Ghana at Legon and has a Ph.D. in Economics from the University of California, Berkeley. He resides in Accra, Ghana and in Washington, DC, USA.

Mark HinkleyMark W. Hinkley (Chair)

Mark Hinkley served as Executive Vice President of OdysseyRe until his retirement in 2007.

Previously he had major responsibilities with Transamerica (later TIG), Skandia America, Trenwick America, and GeneralRe, including senior management roles in corporate marketing, communications, and business development, and specializing in reinsurance products. He was Director of Treaty Operations for Skandia America and Director and Co-founder of Trenwick Group, Limited.

He currently serves as President of the Board of Music for People, a non-profit musical training organization. He is also a member of the Advisory Board of Outward Bound. He has also been Chairman of the Finance Committee, Clearpool, Inc (Urban Charter Schools and Camp), and President of the Angus Robinson Jr. Memorial Foundation (scholarships).

He is a graduate of Yale University and Kent School, and served as a submarine officer in the U.S. Navy. He has a daughter and a son, and resides in Redding, Connecticut, USA.

Ozgur aKaraosmanogluOzgur Karaosmanoglu

Ozgur Karaosmanoglu has more than 23 years of experience in the securities industry, 16 of which have been with Raymond James & Associates. Prior to joining the firm, he was an investment executive with Legg Mason and also worked with Dean Witter as an account executive and operations manager. In 2006, Mr. Karaosmanoglu was named “Broker of the Year” by Registered Repmagazine.

He is the chairman of the Tulane Associates board, the alumni fundraising board of the university. Active in the Turkish-American community and fluent in Turkish, he has served as treasurer of the Assembly of Turkish American Associates. He is involved with other nonprofits including HasNa, Inc., where he is a board member, and is the financial advisor for the Margaret McNamara Memorial fund, which is part of the World Bank FamilyNetwork.

Mr. Karaosmanoglu earned a bachelor’s degree in economics and a master’s degree in business administration from Tulane University in New Orleans. Originally from Ankara, Turkey, he now resides in Bethesda, Maryland, USA with his wife and their three children.

Ana-Maria Arriagada

Ms. Arriagada is an independent international development consultant specializing in social policy, strategy development, organization management, and learning. She is currently working with senior executives in a range of non-profit organizations to develop effective business strategies to promote innovation and elevate the performance of organizations, projects, and teams.

As a senior executive at the World Bank she was director of several corporate and regional units, including the office for Leadership, Organizational Effectiveness and Strategic Staffing from 2005 to 2007, where she was responsible for over 170 professionals and budgets of $30 million. Most recently, she was the acting Chief Learning Officer for the World Bank, chairing the Knowledge and Learning Board, allocating $80 million in resources, and monitoring knowledge management and learning activities for over 10,000 staff around the world. During her tenure as Director for Human Development in Latin America and the Caribbean, Ms. Arriagada oversaw the doubling of Bank lending for the social sectors to over $2 billion annually.

Ms. Arriagada received the World Bank “President’s Excellence Award” for a project in El Salvador (EDUCO), and later for a project in Guatemala (Integrated Financial Management). She was also the recipient of the World Bank Staff Association “Best Manager Award”.

A Chilean citizen, Ms. Arriagada holds a Ph.D. in Economics from The American University and a Bachelors degree from the Universidad Catolica de Chile. She lives near Washington, DC, USA.

Dzingai MutumbukaDzingai Mutumbuka

Dzingai Mutumbuka currently serves as Chair of the Association for the Development of Education in Africa (ADEA), which brings together all African education ministers and donors supporting education in Africa.

Previously, Mr. Mutumbuka held various senior management positions in the education sector at the World Bank from 1990-2007. Prior to joining the World Bank, he held major political appointments in Zimbabwe, including supervising the implementation of policies in six ministries (Education, Health, Social Welfare, Housing, Youth and Sport, and Community Development and Women’s Affairs). He served as Minister of Education and Culture from 1980 to 1988 and as Minister of Higher Education from 1988 to 1989.

He has served as the Chairman of the Zimbabwe National Commission of UNESCO since Zimbabwe joined UNESCO in 1980. Before Zimbabwe’s independence, Mr. Mutumbuka served as Secretary for Education and Culture in the Zimbabwe African National Union – Patriotic Front (ZANU (PF)) from 1975 to 1980, and in that capacity was responsible for the education of all Zimbabweans in refugee camps in Mozambique.

Mr. Mutumbuka is a graduate of the University College of Rhodesia with a B.Sc. (Hons) London, Chemistry of Geology, an M.SC in Organiometallic Chemistry and aPh.D. in Chemistry from the University of Sussex, United Kingdom. He currently resides in Alexandria, Virginia, USA. He has two sons.

David de FerrantiDavid de Ferranti

David de Ferranti is the President (and founder) of Results for Development.

He was previously the World Bank’s Regional Vice President for Latin America and the Caribbean from 1999 to 2005, and in this position responsible for a $25 billion loan portfolio. From 1994 to 1999, he oversaw the Bank’s research and financial support to countries worldwide in the areas of health, education, nutrition, and other social services. In addition, he has been a Senior Fellow at the Brookings Institution, a Senior Advisor at the United Nations Foundation, an Adjunct Professor at Georgetown University, an advisor to Carlos Slim and his infrastructure investment group in Latin America, and an advisor to an emerging high-tech enterprise. Earlier in his career he held management positions at Rand (the think tank), and in the U.S. government.

He is presently the Chair of the Board of the Center on Budget and Policy Priorities, and serves as Chair or Co-Chair of The Health Financing Task Force, The Task Force on Health Workforce Costs and Financing, and The Working Group on AIDS Costs and Financing. Other board memberships have included: The Rockefeller Foundation (where he chaired the Finance Committee); Transparency International - USA; The Inter-American Dialogue; The Pew Memorial Trust International Health Advisory Panel; Technoserve, Inc.; The Center for Global Development Advisory Panel; The Lewis T. Preston Education Program; The Escuela Nueva Foundation; and The Partnership for Educational Revitalization in the Americas.

He holds a Ph.D. in Economics from Princeton University and a Bachelor’s degree from Yale University. He has two children, a daughter and a son, and lives near Washington, DC, USA.

Featured Project

The Ministry of Health, with support from the joint IFC/World Bank Health in Africa Initiative, launched the Country Assessment on July 20th, 2009. At present the R4D study team is conducting a large-scale review of the Ghanaian private health sector, with the ultimate goal of offering concrete, actionable recommendations on effectively harnessing the potential of private providers of health services.