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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 .
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.
He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva, then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change". [9] In 2023, a new president was appointed: Ajay Banga. His term began on 2 June 2023.
David Robert Malpass (born March 8, 1956 [1]) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023.
After the panel’s report was released in 2008, then-World Bank Group President Robert Zoellick called the bank’s actions “appalling.” Zoellick vowed that the institution would swiftly “strengthen oversight, improve procedures and help the families who had their buildings demolished.” “The bank cannot let this happen again,” he said.
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%.
In March 2005, Wolfowitz was nominated to be president of the World Bank by US President George W. Bush. [54] Criticism of his nomination appeared in the media. [55] Nobel Laureate in Economics and former chief economist for the World Bank Joseph Stiglitz said: "'The World Bank will once again