The World Bank’s Executive Directors unanimously decided to appoint David R. Malpass as President of the World Bank Group for a five-year term.
Bringing deep experience in international affairs, finance and economic development, Mr. Malpass will take up his duties on Tuesday, April 9, 2019.
Mr. Malpass previously served as Under Secretary for International Affairs in the US Treasury. In this capacity, he has represented the United States on the international scene at various events: G7 and G20 meetings at the assistant level of finance ministers; meetings of the Financial Stability Board, the Organization for Economic Co-operation and Development and the US Society for the Promotion of Private Investment Abroad (OPIC).
