The president of the World Bank Group is the head of

World Bank Group The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...

. 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 territorie ...

, 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

References

Notes

External links