Mr. Varma assumed the position of Head of the Global Urban
Program in the World Bank Institute on August 3, 2009. He is also the
Coordinator of the World Bank Global Tiger Initiative. He had a pioneering
record of achievement as the Municipal Commissioner of Ahmedabad, India, where
he was credited with rejuvenating the organization with a much enhanced public
image, high staff morale, and a well-defined strategic approach. During his
tenure, Ahmedabad Municipal Corporation received an AA(SO) credit rating, and
issued the “Ahmedabad City Bond”, the first municipal bond issued in South
Asia without central or state government guarantees. In 1997, Mr. Varma joined
the World Bank as Sector Director of East Asia Urban Development and Disaster
Management, a position he held until August, 2009. |