The rumor about his resignation comes barely two weeks following media reports that he has been recruited by the World Bank Group to take up a position in the Kenyan city of Narobi. Konneh is expected to head a World Bank Group office which focuses issues related to Fragility, Conflict, and Violence or FCV.
The FCV is one of the critical to the bank's achievin its twin goals of eliminating extreme poverty by 2030 and promoting shared prosperity in a sustainable manner. The goal of the World bank is to eradicate extreme poverty and promote shared prosperity in every client country. To achieve this vision, the Bank’s strategy has three components: (1) maximizing development impact by engaging country clients in identifying and tackling the most difficult development challenges; (2) promoting scaled-up partnerships that are strategically aligned with the goals; and (3) crowding in public and private resources, expertise and ideas.
The FCV Nairobi Office was established in 2012 and has taken a lead role in providing operations support to country teams and relevant GP task teams, in order to strengthen the relevance and quality of the WBG’s engagement in FCV countries – with engagements on a broad range of topics including strategic-level advice, country-level programming, needs assessments, policy advice, conflict sensitivity, financing, and operational issues. The FCV Nairobi Office is also leading and managing a series of institutional partnerships, with client groupings (especially the g7+), regional institutions, and bilaterals.
Konneh comes to the position with a wealth of experience having served as Deputy Chief of Staff in the office of President Sirleaf after the 2005 elections. In August 2008 he was sworn in as Minister of Planning and Economic Affairs. Affairs. He also served as the National Coordinator of the Liberia Reconstruction and Development Committee and the National Authorizing Officer of the European Development Fund for Liberia. Under his leadership. Konneh was nominated as Minister of Finance upon the re-election of President Sirleaf in 2011 and was confirmed in February 2012.
In July 2014, Konneh was appointed the country's first Minister of Finance and Development Planning, having previously served as Minister of Planning and Economic Affairs and Minister of Finance from January 2012 to June 2014.-Othello B. Garblah