Michael Fuchs has extensive experience in financial sector development working for the World Bank and for the past 11 years as a consultant to the World Bank and other donors. Working recently in Africa, East Asia and the Middle East, Michael has focused on deepening markets for productive finance of enterprises, long-term finance for investment in infrastructure and housing, competition in the banking system and reforming the role of development finance, on tailoring regulation and supervision of the financial sector to the needs of emerging markets, and on investment in adaptation to flood risk. Michael has also led evaluation work within the financial sector, recently working with Genesis as technical director of an evaluation of British International Investment’s (BII’s) investments in the financial sector.
Until June 2013 Michael was Advisor and Acting Sector Manager in the Finance and Private Sector Department of the World Bank's Africa Region. Starting in 2002 Michael worked extensively on financial sector development in the Africa Region leading financial sector assessments in 8 countries and for the group of countries in the East African Community as well as on policy reform, including budget support and technical assistance operations in Kenya and Nigeria.
Before joining the Africa Region Michael worked for 8 years in the World Bank's East and Central Asia Region, five of which focusing on Russia in the wake of the financial collapse in 1998. Prior to the World Bank Michael was employed by the Danish Central Bank and the Danish Ministry of Finance. Michael has his PhD and MA from the University of Copenhagen and his BA from the University of York (UK).