JANAMITRA DEVAN, Vice President, Financial and Private Sector Development
Janamitra Devan is Vice President, Financial and Private Sector Development (FPD). FPD plays a vital role in operations, strategy and knowledge for both the World Bank and IFC. Devan brings a distinguished set of skills and experience to this key position.
Prior to this appointment, Devan, a U.S. national, was Director for Asia of the McKinsey Global Institute and Senior Fellow at McKinsey & Company's Shanghai office after 10 years as a senior executive with the company. Devan led a large-scale study on the urbanization of China; built a network of top Chinese economists to support McKinsey’s understanding of the Chinese economy; and developed a strong suite of proprietary knowledge products. He also advised senior executives and CEOs of more than 40 multinational corporations spanning the Fortune 1000 list of companies in airline, banking, food and beverage, consumer products, energy, mining, and infrastructure sectors.
Before his work in China, Devan was Director of Global Operations of McKinsey's flagship Strategy Practice with special expertise in global and corporate strategy for a broad spectrum of the firm's financial, consumer, and knowledge-based clients in the U.S., Europe, and Asia. While leading the Strategy Practice, he created and led the Institute for Corporate Excellence, an initiative to better understand the drivers of corporate performance.
Devan began his professional career as an economist at the Monetary Authority of Singapore. He subsequently worked as a consultant for Ernst and Whinney before teaching for several years at Middlebury College. From 1998-99 he was Program Manager of FIAS, where he managed the program for the Middle East and North Africa.
Devan holds a Ph.D. in Business Economics and Public Policy from Indiana University.