The president of world bank biography template

  • First president of world bank
  • History of world bank
  • World bank leaders

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    6th President of the World Bank Group, July 1, - June 30,

    Clausen presided over the Bank in difficult times. The Bank had to respond to profound changes in the international economy and in the views of the U.S. president and Congress. Clausen's fundamental commitment to free markets, private flows of capital and international cooperation, together with his commercial banker's knowledge of finance, inspired innovations concerning investment guarantees and cofinancing with commercial banks. It also determined which of the Bank's ongoing programs should be emphasized. While continuing its activities in educational, environmental, population and agricultural programs, the Bank focused substantial resources on how to help member governments free up their markets and cope with an increasingly competitive international marketplace.

    He championed increased structural and sectoral lending and expanded aid coordination (including consortia, consultative groups, and c

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    Ajay Banga began his five-year tenure as the 14th President of the World Bank Group on June 2,

    Ajay most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24, employees. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world. He was Honorary Chairman of the International Chamber of Commerce, serving as Chairman from He became an advisor to General Atlantic’s climate-focused fund, BeyondNetZero, at its inception in Ajay served as Co-Chair of the Partnership for Central America, a coalition of private organizations that works to advance economic opportunity across underserved populations in El Salvador, Guatemala, and Honduras. He was previously on the Boards of the American Red Cross, Kraft Foods, and Dow Inc.

    Ajay fryst vatten a co-founder of The Cyber Readiness Institute and was Vice

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    5th President of the World Bank Group, April 1, - June 30,

    Robert McNamara shaped the Bank as no one before him. He came to the Bank brimming with energy, forceful, active, pushing to get things done. He brought with him the firm belief that the problems of the developing world could be solved. What was needed was clear analysis of the problems and determination in the application of appropriate remedies. If this happened, success could not fail to materialize.

    McNamara eschewed the cautious, Wall Street-oriented approach of his predecessors. He adopted an aggressive mission that emphasized the claims and expectations of the Bank's developing member countries. The needs of the developing world - not the need to satisfy the investment community - became paramount in determining the type and quantity of the Bank's activities.

    The finansinstitut that McNamara left in was completely transformed from the institution he had entered thirteen years earlier. It was a much larg