President of the World Bank Group

The President of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the Boards of Directors and for overall management of the World Bank Group. Traditionally, the World Bank Group President has always been an American citizen nominated by the United States, the largest shareholder in the World Bank Group. The nominee is subject to confirmation by the Board of Executive Directors, to serve for a five-year, renewable term. While most World Bank Group presidents have had banking experience, some have not.[1][2]

President of World Bank Group
World Bank Logo
Incumbent David Malpass since April 9, 2019
Term length	Five years, renewable
Website	www.worldbank.org

List of World Bank Group Presidents

Status

  Denotes an Acting President of the World Bank Group

#	Portrait	Name	Dates	Nationality	Background	Notes
1		Eugene Meyer	1946	United States	Chair of the Federal Reserve, Federal Reserve Board of Governors Publisher of The Washington Post	First World Bank Group President
2		John J. McCloy	1947–1949	United States	Lawyer, US Assistant Secretary of War	First World Bank Group President with military background
3		Eugene R. Black, Sr.	1949–1963	United States	Bank executive with Chase Manhattan Bank, Executive director with the World Bank
4		George Woods	1963–1968	United States	Bank executive with First Boston Corporation
5		Robert McNamara	1968–1981	United States	US Secretary of Defense, Business executive with Ford Motor Company
6		Alden W. Clausen	1981–1986	United States	Lawyer, President and CEO with Bank of America
7		Barber Conable	1986–1991	United States	NY State Senator, US Representative
8		Lewis T. Preston	1991–1995	United States	Bank executive with J.P. Morgan & Co.
9		Sir James Wolfensohn	1995–2005	Australia  United States[note 1]	Corporate lawyer, Banker	First World Bank Group President born outside United States First World Bank Group President from Australia
10		Paul Wolfowitz	2005–2007	United States	Various cabinet and government positions; US Ambassador to Indonesia, US Deputy Secretary of Defense, US Assistant Secretary of State
11		Robert Zoellick	2007–2012	United States	Bank executive with Goldman Sachs, Deputy Secretary of State, US Trade Representative
12		Jim Yong Kim	2012–2019	South Korea  United States	Korean-American physician and anthropologist, Co-founder of Partners in Health, President of Dartmouth College.[3]	First World Bank Group President born in Asia First World Bank Group President from South Korea
–		Kristalina Georgieva Acting	2019	Bulgaria	Chief Executive of the World Bank European Commissioner for the Budget and Human Resources during Juncker Commission European Commissioner for International Cooperation and Development during Barroso Commission European Commissioner for Humanitarian Aid and Crisis Management during Barroso Commission.	First woman serving as the World Bank Group President First acting World Bank Group President First World Bank Group President born in Europe First World Bank Group President from European Union and from Bulgaria.[4][5]
13		David Malpass	2019–present	United States	Under Secretary of the Treasury for International Affairs Chief economist at Bear Stearns

References

1. Hurlburt, Heather (March 23, 2012). "Why Jim Yong Kim would make a great World Bank president". The Guardian. Retrieved March 23, 2012.
2. World Bank. "Leadership". World Bank Group. Retrieved July 17, 2012.
3. "Jim Yong Kim chosen to head World Bank". CNN IBN. Reuters. April 16, 2012. Retrieved April 16, 2012.
4. "Kristalina Georgieva Appointed Chief Executive Officer of IBRD/IDA". World Bank. Retrieved May 27, 2019.
5. "The World Bank's new CEO Kristalina Georgieva lays out her vision for an agile bank". Devex. April 17, 2017. Retrieved May 27, 2019.

Notes

1. The World Bank President is traditionally an American citizen. Wolfensohn was naturalized as American citizen before taking office.

External links

• President of the World Bank