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About me

Endorsed by both the SADC and COMESA, Dr. Maimbo brings nearly three decades of expertise in development finance and resource mobilization, with a track record that spans the breadth of the African Continent and beyond. His career to date exemplifies transformative and pan-African leadership, driven by a compelling vision to redefine and revitalise Africa's development trajectory.

In his most recent position as Vice President for Budget, Performance Review, and Strategic Planning at the World Bank, Dr. Maimbo oversaw the institution's expansive budget portfolio, encompassing administrative, trust, and reimbursable funds, ensuring these resources were strategically aligned with the World Bank’s priorities, financial sustainability objectives, and operational goals. Serving as the primary advisor to senior leadership on resource allocation and financial planning, he led the institution’s multi-year strategic and operational planning processes, ensuring fiscal discipline while achieving key objectives and managing its operational budget of US$5 billion.

As Chief of Staff to successive World Bank presidents, he played a pivotal role in advancing the institution's mission and strategy at the highest levels. His tenure as Director of Resource Mobilization for the International Development Association (IDA) and the Corporate Finance Department of the International Bank for Reconstruction and Development (IBRD) was marked by his stewardship of a record-breaking IDA20 replenishment, completed a year ahead of schedule in response to the COVID-19 crisis. This effort secured an unprecedented $93 billion financing package, with over 70% of the organization’s global commitments directed toward Africa.
 

Throughout his 23-year tenure at the World Bank, Dr. Maimbo has held numerous influential positions, showcasing his versatility and expertise across a broad spectrum of development priorities. From managing global practices in finance, competitiveness, and innovation, to spearheading country-specific initiatives such as the introduction of mobile payment systems, or paving the way for a new currency, his contributions have been impactful and far-reaching.
 

Before joining the World Bank, Dr. Maimbo gained invaluable experience as a Bank Inspector at the Bank of Zambia and as an Auditor with PricewaterhouseCoopers (PwC). These formative roles instilled in him a rigorous approach to governance and financial accountability, coupled with a deep-seated passion for driving Africa’s development through innovation and financial engineering. Dr. Maimbo is also a distinguished scholar. He holds a PhD in Public Administration (Banking) from the University of Manchester, an MBA in Finance from the University of Nottingham, and a Bachelor's degree in Accounting from Copperbelt University in Zambia. He is a Fellow of the Association of Chartered Certified Accountants (FCCA, UK), reflecting his comprehensive expertise in finance and accounting.

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