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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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Paul Dundes Wolfowitz (born December 22, 1943) is an American political scientist and diplomat who served as the 10th President of the World Bank, U.S. Deputy Secretary of Defense, U.S. Ambassador to Indonesia, and dean of Paul H. Nitze School of Advanced International Studies (SAIS) at Johns Hopkins University.
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. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and ...
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 ...