Mansur, an economist, was trained at the Ahmadu Bello University, Zaria; as well as the University of Cambridge and the University of Sussex, both in the United Kingdom.
The appointment was confirmed in a statement by the Minister of Finance, Mr. Olusegun Aganga.
The statement disclosed that Mansur's appointment was a result of the creation of an additional seat for Africa on the board of the World Bank Group.
With this development, Africa now has three seats on the board.
The appointment, according to the statement, is as a result of the chairmanship of the World Bank /International Monetary Fund by Aganga in 2010.
Aganga was the first African to chair the World Bank/IMF Board.
The creation of the third seat for Africa, according to the statement, will enhance the voice of the continent at the global body and increase its vote.
While at the bank, Mansur's duties on the board will include setting strategic directions and approving policies and programmes of the group in the member states, approval of internal policies, including human resources; and oversight matters in relation to the functioning of the group's duties, among others.
With the appointment, Africa now has an additional voice at the highest level, who will be involved in the formulation and implementation of the group's programmes in the continent.
The group plays a very significant role in the economies of virtually all African countries as foreign investors, donor and credit institutions often insist on the bank's approval of national economic policies before dealing with developing nations.
The statement also quoted Aganga as expressing delight at the appointment, noting that Mansur would know how to get the best out of the relationship between Nigeria and the World Bank/IMF, bearing in mind the programmes of the Federal Government.
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