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 lengthFive years, renewable
Websitewww.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 Newspaper publisher First World Bank Group President
2 John J. McCloy 1947–1949  United States Lawyer and 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 and 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, bank executive with Bank of America
7 Barber Conable 1986–1991  United States New York State Senator and US Congressman
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 and 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
11 Robert Zoellick 2007–2012  United States Bank executive with Goldman Sachs, Deputy Secretary of State and US Trade Representative
12 Jim Yong Kim 2012–2019  South Korea
 United States		 Korean-American physician and anthropologist, co-founder of Partners in Health and 17th 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
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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. Reuters (April 16, 2012). "Jim Yong Kim chosen to head World Bank". CNN IBN. 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.
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