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Reserve Advisory & Management Partnership (RAMP)

RAMP is a program developed within the World Bank Treasury that builds human capital, delivers asset management services, and convenes a network of practitioners—all in one. Established in 2001, the Partnership serves nearly 80 members, including mostly central banks as well as international financial institutions, pension funds and sovereign wealth funds. Together, RAMP members manage nearly $2 trillion of sovereign assets.


Celebrating RAMP's 20th Anniversary


Networking Public Asset Managers


  • RAMP aims to strengthen the investment management capacities of public sector institutions so they may efficiently manage public assets, and aims to deliver high-quality asset management services efficiently on a cost-recovery basis, while protecting members’ interest. Members from regions around the world join RAMP because they gain access to advisory and asset management services, a trusted adviser, and a robust training program, develop their staff through sponorsed training, and join a global network and partnership. RAMP builds human capital by sharing financial knowledge and developing financial expertise, and empowers international development agencies by sharing asset management knowledge and expertise that helps maximize their financial resources.

  • RAMP acts as a trusted advisor to members and ensures all contractual commitments are properly fulfilled. Members receive individual consultations and onsite visits by Treasury specialists to determine an institution’s needs and the best approach. RAMP also provides members access to World Bank experts, external consultants, or outside specialists. The Partnership strengthens countries’ financial stability and economic resilience through the implementation of best practices in reserves and public sector asset management.

  • Each year, RAMP convenes events that build community and promote knowledge sharing among public sector asset management practitioners. These conferences bring together members and non-members to build awareness of common challenges, share effective responses, and expand peer-to-peer networks.

    RAMP’s signature event, the Executive Forum, occurs annually in Washington, immediately after the IMF-World Bank Spring Meetings. It attracts central bank governors, heads of pension and sovereign wealth funds, and leading intellectuals as presenters and participants. RAMP also brings together industry peers at events focused on regional or thematic issues, such as co-hosting the Public Investors Conference on Portfolio and Risk Management.

    RAMP also hosts every year a Global Summit on Reserve Management in Asia, wtih previous events in Beijing, Tokyo and Bangkok. At the Summit, public sector asset managers from dozens of institutions exchanged ideas on how to address potential monetary policy spillovers, portfolio strategies in a low interest rate environment, and the implications of new technology on reserve management.

  • In the News

    Serving Public Asset Managers Globally for Two Decades: The Reserve Advisory & Management Partnership (RAMP) (2021) World Bank Voices Blog by MDCFO Anshula Kant, Vice President & Treasurer Jingdong Hua, Asset Management & Advisory Department Director Thérèse Couture. 

    Strengthening Central Bank Reserve Management During a Global Crisis (2020) World Bank Voices Blog by MDCFO Anshula Kant, Vice President & Treasurer Jingdong Hua, Asset Management & Advisory Department Director Thérèse Couture, and RAMP Manager Dr. Daniela Klingebiel

    Research & Knowledge Products

    Second RAMP Survey: Central Bank Reserve Management Practices: Insights into Public Asset Management from the Second RAMP Survey (2020)

    First RAMP Survey: Inaugural RAMP Survey on the Reserve Management Practices of Central Banks: Results and Observations (2018)


Profiling Voices of RAMP Member Institutions


Central Bank

Víctor Vásquez, Bank of Guatemala

Víctor Vásquez is Director of the International Department at the Bank of Guatemala, where he is responsible for the management of foreign exchange reserves.

Pension Fund

Sohyoung Park, Korea National Pension Service

Ms. Sohyoung Park is the Portfolio Manager of the Investment Strategy Division at the Korea National Pension Service (NPS), where she is responsible for managing the investment portfolio analyses and strategic asset allocation.

Sovereign Wealth Fund

Abdiel A. Santiago, Panama Savings Fund

Mr. Abdiel Santiago is the Secretariat of the Panama Savings Fund, where his role includes the responsibilities of both a chief executive officer and chief investment officer.

Central Bank

Ly Sideth, National Bank of Cambodia

Ly is the Director of Exchange Management Department at the National Bank of Cambodia (NBC), where he is responsible for managing foreign reserves of NBC and implementing domestic exchange rate policy.

International Financial Institution

Simona Colaiacomo, FAO of the United Nations

Simona Colaiacomo is Head of Treasury and Senior Financial Officer at the Food and Agriculture Organization of the United Nations, where she is responsible for the Organization’s cash and liquidity management, foreign exchange operations, and investment management activities.

Central Bank

Ilia Galabov, Bulgarian National Bank

Mr. Ilia Galabov is the Director of Risk Analysis and Control Directorate at the Bulgarian National Bank (BNB), where he is responsible for risk management.


Serving a Diverse Membership