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Press release from Ministry of Finance

Sweden nominates Sigrún Rawet as Executive Director on World Bank Board of Directors

Published

The Government has nominated Sigrún Rawet as Executive Director for the Nordic-Baltic constituency on the World Bank Board of Directors for the period 1 July 2024–30 June 2028.

Sigrún Rawet has extensive experience as a Swedish diplomat. She is currently head of the Department for Multilateral Development Banks, Sustainability and Climate at the Ministry for Foreign Affairs and has previously been posted to the Permanent Mission of Sweden to the United Nations in New York. She has also been Deputy Director of the Stockholm International Peace Research Institute SIPRI and worked for the European Commission.

“I am happy to announce that we are nominating Sigrún Rawet as Executive Director on the World Bank Board of Directors. With her solid experience as a diplomat and her knowledge of the operations of development banks in particular, she is very well suited to the role,” says Minister for Finance Elisabeth Svantesson. 

The World Bank Executive Board of Directors has 25 seats, one of which is held by the Nordic-Baltic constituency, which includes Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. According to an agreement between the countries, it is Sweden’s turn to represent the constituency and coordinate the constituency’s activities during the period 1 July 2024–30 June 2028.

About the World Bank

The World Bank is a key actor in meeting global challenges. Through grants, loans and knowledge, it supports the economic development of low- and middle-income countries and creates opportunities for people to lift themselves out of poverty. The World Bank is a key player in international assistance to Ukraine. The World Bank’s strong focus on efficacy, the private and business sectors and climate makes it an important implementer of the Government’s development assistance policy.

Press contact

Niklas Gillström
Press Secretary to Minister for Finance Elisabeth Svantesson
Phone (switchboard) +46 8 405 10 00
Mobile +46 76 141 14 79
email to Niklas Gillström
Klara Söderberg
Press Secretary to Minister for Finance Elisabeth Svantesson
Phone (switchboard) +46 8 405 10 00
Mobile +46 76-108 90 82
email to Klara Söderberg
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