Jagdeo held various government finance and banking positions in the early 1990s. From 1992 until 1999, he served as director of the Guyana Water Authority, the Caribbean Development Bank, and the National Bank of Industry and Commerce. He was also Guyana's governor on the World Bank. Jagdeo represented Guyana at international meetings of the World Bank, the Inter-American Development Bank, and the International Monetary Fund (IMF). He worked as an economic planner in the State Planning Secretariat. Following this assignment, Jagdeo was appointed special advisor to the minister of finance. In October 1993, he was named junior minister of finance, rising to senior minister two years later. Jagdeo was a member of the Progressive Youth Organization (PYO). He is currently a member of the Central Committee and executive member of the PPP/C.