A Chinese national, Fan was the country director for Belarus, Moldova and Ukraine before this new appointment.
The Dhaka office of the global lender said he would start as the World Bank's new Country Director for Bangladesh, Bhutan and Nepal on Monday.
World Bank South Asia Vice President Annette Dixon will introduce Fan to the Bangladesh government.
Fan joined the World Bank in 1991 and has held leadership positions in different countries and regions of the world.
From 1998 to 2002, he took leave from the World Bank to work in the private sector in various senior executive positions in China.
After returning to the World Bank, Fan worked as a programme leader for the Investment Climate Program in the World Bank Institute and later as the country manager for Cambodia.
Prior to joining the World Bank, Fan worked as a researcher in development and transition economics at the London School of Economics and as a policy researcher at the Jiangxi Institute of Finance and Economics in China.
He holds a PhD in economics from the University of Birmingham, England.
He has published widely on topics related to investment climate and problems of economies in transition.
"I am looking forward to working closely with the government and people of Bangladesh in realizing their goal of achieving middle-income status by 2021," he was quoted as saying in a statement.
"The World Bank will continue working with the government to maintain economic stability; strengthen revenue mobilisation; tackle energy and infrastructure deficits; deepen financial-sector and external trade reforms; improve labour skills, economic governance, and urban management; and helping with the adaption to climate change," he said.
Source: Bd News