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World Bank names Dangote, others as members private sector investment lab

Aliko Dangote

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The World Bank Group said it has added Aliko Dangote, President/CEO, Dangote Group, and others, as new members of the private sector investment Lab, focused on job creation.

Other new members added by the World Bank are Bill Anderson, CEO, Bayer AG Sunil Bharti Mittal, Chair, Bharti Enterprises; and Mark Hoplamazian, President & CEO, Hyatt Hotels Corporation.

The World Bank Group on Wednesday announced the launch of the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale.

The new chapter also expands the Lab’s membership to include industry leaders with experience generating jobs in developing economies, aligning directly with the Bank’s sharpened focus on job creation as a core driver of development.

“With the expanded membership, we are mainstreaming this work across our operations and tying it directly to the jobs agenda that is driving our strategy,” said World Bank Group President Ajay Banga. “This isn’t about altruism, it’s about helping the private sector see a path to investments that will deliver returns, and lift people and economies alike. It’s central to our mandate.”

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