David Malpass appointed as President of World Bank
- David Malpass has been elected as the new President of World Bank. He succeeds Jim Yong-Kim who stepped down on February 1.
- David Malpass is currently Under Secretary of US Treasury for International Affairs and will take charge as World Bank President on April 09, 2019.
- Kristalina Georgieva was the interim President of the World Bank during this period from February to March. She is the chief executive officer of the World Bank.
- The appointment of David Malpass was approved by a 25-member executive board.
Points to remember:
- Who is the President of the World Bank?
- Who is the CEO of the World Bank?
- Headquarters of the World Bank?- Washington DC, US