Turkic Investment Fund Hosts World Bank Group Treasury

A delegation from the World Bank Group (WBG) Treasury including Mr. Marco Ruiz, Manager; Mr. Gary R. Rice, Lead Financial Officer; and Dr. Fabio Filipozzi, Senior Financial Officer, conducted a technical mission to Turkic Investment Fund (TIF) Headquarters from 29 to 30 January 2026, as part of an engagement under its Reserve Advisory and Management Partnership (RAMP). 

During the visit, WBG delegation held meetings with TIF President H.E. Baghdad Amreyev, TIF General Director Mr. Ramil Babayev and all relevant operational departments of TIF, focusing on treasury operations, governance, risk management, legal operations, and institutional frameworks. The discussions provided an opportunity for an in-depth exchange of views and a holistic assessment of TIF’s current practices, as well as its future plans and strategic objectives.

The mission marks an important step in strengthening cooperation between TIF and the World Bank Group and will inform follow-up work aimed at further enhancing TIF’s financial management capabilities in line with international best practices.