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First woman to serve as interim World Bank Group president First World Bank Group president from European Union, from former Eastern Bloc, and from Bulgaria: 13 David Malpass: April 9, 2019–June 1, 2023 United States Chief Economist at Bear Stearns; U.S. Under Secretary of the Treasury for International Affairs in the Donald Trump ...
Pages in category "Presidents of the World Bank Group" The following 15 pages are in this category, out of 15 total. This list may not reflect recent changes .
Before Malpass became president, his son Robert had joined the International Finance Corporation (IFC), a branch of the World Bank Group that lends money to private sector businesses and whose USD 5.5 billion funding from a USD 13 billion World Bank capital increase was secured by the US Treasury at the time that David Malpass was the Treasury ...
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
The president of the World Bank is nominated by the president of the United States and elected by the bank's Board of Governors. [17] As of 15 November 2009, the United States held 16.4% of total votes, Japan 7.9%, Germany 4.5%, the United Kingdom 4.3%, and France 4.3%.
The list includes the names of recently elected or appointed heads of state and government who will take office on an appointed date, as presidents-elect and prime ministers-designate, and those leading a government in exile if internationally recognised.
World Bank President Kim said in March that the demand in struggling regions for infrastructure spending — to provide clean water, electricity, medical care and other vital needs — will mean the bank will finance an increasing number of big projects likely to remove people from their land or disrupt their livelihoods.
In his first two years as World Bank president, he treaded carefully when discussing the causes of global warming. [36] After the inauguration of Joe Biden in early 2021, American policy shifted towards prioritizing efforts against climate change, and Malpass increasingly began working and speaking on climate policy. [36]