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Website. worldbank.org. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
The World Bank is 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. [ 5 ] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association ...
Incumbent. Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president.worldbankgroup.org. 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.
The chief economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the bank's overall international development strategy and economic research agenda, at global, regional and country levels.
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The World Bank Chennai is the extension of the World Bank headquartered in Washington, DC. [1] The World Bank Chennai office offers corporate financial, accounting, administrative and IT services for the bank's offices in around 150 countries. [1][2] The Chennai office handles several value-added operations of the bank that were earlier handled ...
Victoria Kwakwa is a Ghanaian economist who currenttly serves as the Vice President of the World Bank for Eastern and Southern Africa. She previously served as the Vice President of the World Bank for Corporate Strategic Initiatives from September 2021 to 01 July 2022. [ 1 ][ 2 ] She also served as Vice President at the World Bank for East Asia ...
Website. imf.org. The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.