World Bank RAMP Welcomes Turkic Investment Fund

Partnership expands engagement with international financial institutions

Apr. 16, 2026 at 5:02am

Got story updates? Submit your updates here. ›

A high-end, photorealistic studio still-life photograph featuring a polished metal globe, a stack of financial documents, and a pen resting on a clean, monochromatic background, conceptually representing the global reach and financial expertise of the World Bank Group's RAMP partnership.The World Bank Group's RAMP partnership expands its global network of public asset managers with the addition of the Turkic Investment Fund.Washington Today

The World Bank Group announced that the Turkic Investment Fund (TIF) has joined the Reserve Advisory & Management Partnership (RAMP), marking an important step in the partnership's expanding engagement with international financial institutions. The accession of the Turkic Investment Fund highlights the rising demand among IFIs for tailored advisory services, peer learning, and asset management expertise to support development-oriented investment mandates.

Why it matters

The World Bank Group's RAMP partnership is an important platform for collaboration among public asset managers globally. The addition of the Turkic Investment Fund reflects the partnership's growth and its relevance for development-focused investors as it marks its 25th anniversary.

The details

Through its RAMP membership, the Turkic Investment Fund will engage with the World Bank Group's advisory services and executive training, while joining a global network of central banks, sovereign institutions, and IFIs committed to strong governance, risk management, and long-term financial sustainability. The signing ceremony in Washington, DC, formalized the Fund's participation and underscored RAMP's role as a platform for collaboration among an increasingly diverse group of public asset managers.

  • The World Bank Group announced the partnership on April 15, 2026.
  • RAMP is marking its 25th anniversary this year.

The players

World Bank Group

An international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects and promoting economic development.

Turkic Investment Fund (TIF)

A public asset management fund focused on development-oriented investment mandates in the Turkic region.

Reserve Advisory & Management Partnership (RAMP)

A global network of public asset managers established by the World Bank Group in 2001 to promote countries' stability, resiliency, and prosperity through sound public asset management.

Jorge Familiar

Vice President & Treasurer of the World Bank Group.

Ramil Babayev

General Director of the Turkic Investment Fund.

Got photos? Submit your photos here. ›

What they’re saying

“We are pleased to welcome the Turkic Investment Fund to the World Bank Group RAMP community. International financial institutions are an increasingly important part of RAMP's membership, and their participation strengthens the exchange of perspectives and best practices across our global network. The addition of the Turkic Investment Fund reflects both the partnership's growth and its relevance for development-focused investors.”

— Jorge Familiar, Vice President & Treasurer, World Bank Group

“Joining the RAMP network and partnering with the World Bank Group Treasury is both a privilege and a strategic milestone. It enables us to build our treasury function on a strong foundation while contributing our regional perspective to a global community of practitioners.”

— Ramil Babayev, General Director, Turkic Investment Fund

What’s next

The Turkic Investment Fund will begin engaging with the World Bank Group's advisory services and executive training programs as part of its new RAMP membership.

The takeaway

The World Bank Group's RAMP partnership continues to evolve and expand its reach, attracting new members like the Turkic Investment Fund that are seeking to build their treasury and asset management capabilities while contributing regional perspectives to a global network of public asset managers.