The World Bank has established a dedicated Andean Countries Division to manage a roughly $9 billion lending portfolio across six nations in the region.
Ariel Yepez has been appointed to lead the new unit, centralizing the institution's financial and strategic engagement in one of Latin America's most critical economic zones.
The creation of the division marks a structural shift in how the multilateral lender allocates capital in the Western Hemisphere.
By grouping the Andean nations under a single administrative umbrella, the bank aims to streamline project execution and coordinate policy support more effectively.
The portfolio covers a diverse range of sectors, including infrastructure, social development, and industrial modernization.
This organizational move coincides with a broader realignment of the World Bank's global footprint.