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.
List of World Bank Group Presidents
; Status# | Portrait | Name | Dates | Nationality | Background | Notes |
1 | Eugene Meyer | 1946 | Newspaper publisher | First World Bank Group President | ||
2 | John J. McCloy | 1947–1949 | 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 | 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. | 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. | ||
13 | David Malpass | 2019–present | United States | Under Secretary of the Treasury for International Affairs, chief economist at Bear Stearns |