Since 2001, RAMP has been the World Bank Treasury’s platform for delivering demand-driven capacity building and asset management services to official sector asset managers in developing countries and international institutions. This work helps central banks, pension funds, and sovereign wealth funds build human capital, strengthen governance and operations, and deliver returns on financial resources consistent with their mandates and risk parameters. Today, RAMP serves 67 institutions across the World Bank Group’s five regions, including many located in low-income countries and fragile and conflict affected situations.
RAMP engagements typically couple capacity building and asset management services so clients can access the full scope of Treasury’s expertise. Led by staff with substantial prior asset management experience at central banks or national pension funds, these engagements mobilize the skills and experience of senior practitioners to deliver capacity building that targets areas of client need. RAMP services address the full range of roles and functions that contribute to sound investment management, including board of directors, portfolio and risk managers, accountants, information technology, and internal audit.
RAMP has a broad range of development impact. It builds human capital by sharing financial knowledge and developing financial expertise among key leaders and officials whose work contributes to the health of developing countries’ public and private sectors. It strengthens countries’ financial stability, economic resilience, and socio-economic well-being through the promotion of best practices in reserve management at official sector institutions. It also empowers international development agencies by sharing knowledge and expertise that helps maximize their financial resources.