Faruk is a Senior Financial Sector Specialist for Brazil, based in Brasília, in the Finance, Competitiveness & Investment Global Practice for Latin America and the Caribbean. His work focuses on financial stability and financial sector development, including leadership and participation in Financial Sector Assessment Program (FSAP) engagements in Brazil, Bolivia, Ecuador, Costa Rica, and Angola. He leads lending operations in Brazil and Paraguay and publishes research on sustainable finance and climate- and nature-related financial risks, the impact of public policies on firms and credit markets, as well as financial system structure and international exposure. Prior to his current role, he led the financial sector dialogue in Paraguay and the Dominican Republic.
Before joining the World Bank, Faruk worked in government institutions and central banking across Latin America and the Caribbean, including as an economist at the Dominican Republic Customs Administration, a technical advisor at the National Statistics Institute of Chile, and in various roles at the Central Bank of Chile over a five-year period. He holds a master’s degree in Macroeconomics from the Pontificia Universidad Católica de Chile.