US nominates US treasury diplomat David Malpass to head World Bank
USA, has nominated senior Treasury official David Malpass as the next chief of the World Bank.
He would replace Jim Yong Kim as the president if voted by the Directors of the World Bank Group.
The position of Managing Director of International Monetary Fund has gone to Europe.
In his current capacity as the Under Secretary of the Treasury for International Affairs, 62-year-old Malpass oversees the working of the International Monetary Fund and the World Bank.
The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association. The World Bank is a component of the World Bank Group.
Headquarters: Washington, D.C., United States
Membership: 189 countries (IBRD); 173 countries (IDA)
International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA)
Parent organization: World Bank Group
USA, has nominated senior Treasury official David Malpass as the next chief of the World Bank.
He would replace Jim Yong Kim as the president if voted by the Directors of the World Bank Group.
The position of Managing Director of International Monetary Fund has gone to Europe.
In his current capacity as the Under Secretary of the Treasury for International Affairs, 62-year-old Malpass oversees the working of the International Monetary Fund and the World Bank.
The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association. The World Bank is a component of the World Bank Group.
Headquarters: Washington, D.C., United States
Membership: 189 countries (IBRD); 173 countries (IDA)
International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA)
Parent organization: World Bank Group
No comments:
Post a Comment