Pangestu served as Indonesia’s minister of trade from 2004 to 2011 and as minister of tourism and creative economy from 2011 until October 2014.
“We’re very pleased to welcome Mari to the Bank in this critical new role for the institution,” said World Bank Group President David Malpass, who announced the appointment on January 9. “Her experience as a senior minister, her globally recognized credentials as an economist and researcher, along with her extensive leadership experience and engagement in key international forums on important development issues, will greatly benefit our urgent work at the World Bank Group in support of broad-based growth and poverty reduction.”
In addition to her position at SIPA, Pangestu holds academic positions at the University of Indonesia, the Lee Kuan Yew School of Public Policy, and the Crawford School of Public Policy at Australian National University. She is also a board member of the Indonesia Bureau of Economic Research and the Centre for Strategic and International Studies, Jakarta, and works with other international organizations
“It is a great honor to be joining the World Bank in its vital development mission," said Pangestu. "I look forward to the opportunity to work with this strong team on the urgent challenges facing the World Bank’s members”.
In her new role Pangestu will provide leadership to and oversee the work program of the World Bank’s global practice groups. In addition, she will also oversee the research and data group of the World Bank (DEC) and the external and corporate relations function.
The appointment is effective March 1, 2020.