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World Bank Group. 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 (IDA ...
Ajay Banga. 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 ...
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.
François Bourguignon (born May 22, 1945) is a former Chief Economist (2003–2007) of the World Bank. He has been the Director of the Paris School of Economics, [1] and from 1985 to his retirement in 2013 a professor of economics at the École des Hautes Études en Sciences Sociales in Paris. [2] in 2016 Bourguignon was awarded the Dan David ...
David Robert Malpass (born March 8, 1956) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. . Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and Deputy Assistant Secretary of State under George H. W. Bu
Jennifer "DJ" Nordquist [1] is a public policy expert who served as the U.S. Executive Director of the World Bank, representing the U.S. as the largest shareholder at the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), and Multilateral Investment ...
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.