Wednesday, 22nd October 2025

Why the World Bank’s New Head for Kosovo* and North Macedonia Matters

With Megevand at the helm, the World Bank signals a renewed commitment to tackling economic and social challenges blocking Western Balkans’ progress

The World Bank’s appointment of Carole Megevand as Country Manager for Kosovo* and North Macedonia marks a pivotal moment for two Western Balkan countries striving to overcome economic stagnation and deepen ties with the European Union.

Megevand, bringing over 20 years of development expertise, is entrusted with implementing the Bank’s partnership framework focused on sustainable growth, job creation, and improving public services—key hurdles to EU accession.

This leadership change reflects a strategic push to address persistent structural issues, such as underdeveloped human capital and regional inequalities, that have long impeded progress.

Megevand’s role will be critical in aligning World Bank support with the EU’s integration agenda, potentially accelerating reforms and fostering resilience in a geopolitically sensitive and economically fragile region.

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