President Of The World Bank Group
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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 United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ..., 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 economic experience, some have not. List of World Bank Group presidents ; Status References Notes External links President of the World Bank {{World Bank ...
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David Malpass
David Robert Malpass (born March 8, 1956) is an American economic analyst and former government official serving as President of the World Bank Group since 2019. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, Deputy Assistant Secretary of State under George H. W. Bush. He served as Chief Economist at Bear Stearns for the six years preceding its collapse. During the 2016 U.S. presidential election, Malpass served as an economic advisor to Donald Trump, and in 2017, he was nominated and confirmed as Under Secretary of the Treasury for International Affairs at the Treasury Department. Malpass was elected President of the World Bank on April 4, 2019, having been nominated to the position in February 2019 by the Trump administration. He formally took office on April 9, 2019. Education and career Malpass earned a B.A. in physics at Colorado College and an MBA at the ...
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Robert McNamara
Robert Strange McNamara (; June 9, 1916 – July 6, 2009) was an American business executive and the eighth United States Secretary of Defense, serving from 1961 to 1968 under Presidents John F. Kennedy and Lyndon B. Johnson. He remains the longest serving Secretary of Defense, having remained in office over seven years. He played a major role in promoting the United States' involvement in the Vietnam War. McNamara was responsible for the institution of systems analysis in public policy, which developed into the discipline known today as policy analysis. He was born in San Francisco, California, graduated from UC Berkeley and Harvard Business School and served in the United States Army Air Forces during World War II. After the war, Henry Ford II hired McNamara and a group of other Army Air Force veterans to work for Ford Motor Company. These " Whiz Kids" helped reform Ford with modern planning, organization, and management control systems. After briefly serving as Ford's ...
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United States Ambassador To Indonesia
This is a list of ambassadors of the United States to the Republic of Indonesia. Indonesia had been a Dutch colony since 1800 as a part of the Dutch East Indies. The Dutch were expelled in March 1942 by the Japanese occupation of Indonesia. After the surrender of Japan in 1945, Sukarno declared independence on August 17, 1945. However, the Netherlands attempted to reestablish their colony during a prolonged war that lasted for four and a half years. Ultimately the struggle was unsuccessful for the Netherlands, and in December 1949, the Netherlands formally recognized Indonesian sovereignty. The United States immediately recognized the independence of Indonesia and moved to establish diplomatic relations. A U.S. embassy was established in Jakarta on December 27, 1949, under the informal direction of a consul general. President Truman appointed H. Merle Cochran as ambassador the following day. The United States Embassy in Indonesia is located in Jakarta, with consulates ...
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Paul Wolfowitz
Paul Dundes Wolfowitz (born December 22, 1943) is an American political scientist and diplomat who served as the 10th President of the World Bank, U.S. Deputy Secretary of Defense, U.S. Ambassador to Indonesia, and former dean of Johns Hopkins SAIS. He is currently a visiting scholar at the American Enterprise Institute.Zachary A. Goldfarb"Wolfowitz Joins Think Tank as Visiting Scholar" online posting, ''The New Yorker'', July 3, 2007, accessed July 3, 2007. He was an early advocate of the Iraq War and has widely been described as an architect of the war. He testified before the House Appropriations Committee in March 2003: "There is a lot of money to pay for this that doesn't have to be US taxpayer money, and it starts with the assets of the Iraqi people. We are talking about a country that can really finance its own reconstruction and relatively soon." In the aftermath of the insurgency and civil war that followed the invasion, Wolfowitz denied influencing policy on Iraq and ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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James Wolfensohn
Sir James David Wolfensohn (1 December 193325 November 2020) was an Australian-American lawyer, investment banker, and economist who served as the ninth president of the World Bank Group (1995–2005). During his tenure at the World Bank, he is credited with the focus on poverty alleviation and a rethink on development financing, earning him recognition as a banker to the world's poor. In his other roles, he is credited with actions that brought Chrysler Corporation back from the brink of bankruptcy, and also improving the finances of major United States cultural institutions, including Carnegie Hall and the Kennedy Center. He served two terms as President of the World Bank on the nomination of U.S. President Bill Clinton, and thereafter held various positions with charitable organizations and policy think-tanks including the Brookings Institution. He was born in Sydney, Australia, and was a graduate of the University of Sydney and Harvard Business School; he was also an Olymp ...
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James D
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank ...
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Lewis Thompson Preston
Lewis Thompson Preston (August 5, 1926 – May 4, 1995) was an American banker. He was President of the World Bank from September 1991 until his death in May 1995. Life and career Born New York City, Preston was the son of Lewis T. and Priscilla Baldwin Preston. His father was a World War I flier and a well-known hunter. His grandfather was a partner in Standard Oil. Part of his youth was spent living in Paris. He served in the US Marines during World War II in the Pacific and as an aide to Navy Secretary James Forrestal who was a friend of his mother. He graduated from Harvard University with a degree in history in 1951, and was at one point during his education the captain of Harvard's hockey team. He was chosen for the United States men's national ice hockey team, but never ended up competing in the Olympics. Preston worked at J.P. Morgan & Co. and its subsidiary Morgan Guaranty Trust Company for forty years. His first major contribution to the company was in the mid 196 ...
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United States House Of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they comprise the national bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member congressional districts allocated to each state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after the passage of the 19th Amendment and the Civil Rights Movement. Since 1913, the number of voting representative ...
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New York State Senate
The New York State Senate is the upper house of the New York State Legislature; the New York State Assembly is its lower house. Its members are elected to two-year terms; there are no term limits. There are 63 seats in the Senate. Partisan composition The New York State Senate was dominated by the Republican Party for much of the 20th century. Between World War II and the turn of the 21st century, the Democratic Party only controlled the upper house for one year. The Democrats took control of the Senate following the 1964 elections; however, the Republicans quickly regained a Senate majority in special elections later that year. By 2018, the State Senate was the last Republican-controlled body in New York government. In the 2018 elections, Democrats gained eight Senate seats, taking control of the chamber from the Republicans. In the 2020 elections, Democrats won a total of 43 seats, while Republicans won 20; the election results gave Senate Democrats a veto-proof two-thirds s ...
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Barber Conable
Barber Benjamin Conable Jr. (November 2, 1922 – November 30, 2003) was a U.S. Congressman from New York and former President of the World Bank Group. Biography Conable was born in Warsaw, New York on November 2, 1922. Conable was an Eagle Scout and received the Distinguished Eagle Scout Award from the Boy Scouts of America. He graduated from Cornell University in 1942, where he was president of the Quill and Dagger society and a member of the Phi Delta Theta fraternity. He then enlisted in the Marines and was sent to the Pacific front in World War II, where he learned to speak Japanese and fought in the Battle of Iwo Jima. After the war, he received his law degree from Cornell University Law School in 1948, where he lived at the Cornell Branch of the Telluride Association, having been admitted to the House as a law student, after an unsuccessful attempt as an undergraduate. He later re-enlisted and fought in the Korean War. In 1962, Conable was elected as a Republican to ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headqu ...
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