President of the World Bank Group
|President of World Bank Group|
World Bank Logo
|Term length||Five years, renewable|
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 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 banking experience, some have not.
List of Presidents
|1||Eugene Meyer||1946–1946||United States||Newspaper publisher|
|2||John J. McCloy||1947–1949||United States||Lawyer and US Assistant Secretary of War|
|3||Eugene R. Black, Sr.||1949–1963||United States||Bank executive with Chase and executive director with the World Bank|
|4||George Woods||1963–1968||United States||Bank executive with First Boston Corporation|
|5||Robert McNamara||1968–1981||United States||US Defense Secretary, business executive with Ford Motor Company|
|6||Alden W. Clausen||1981–1986||United States||Lawyer, bank executive with Bank of America|
|7||Barber Conable||1986–1991||United States||New York State Senator and US Congressman|
|8||Lewis T. Preston||1991–1995||United States||Bank executive with J.P. Morgan|
|9||Sir James Wolfensohn||1995–2005|| United States
|Corporate lawyer and banker|
|10||Paul Wolfowitz||2005–2007||United States||Various cabinet and government positions; US Ambassador to Indonesia, US Deputy Secretary of Defense|
|11||Robert Zoellick||2007–2012||United States||Bank executive with Goldman Sachs, Deputy Secretary of State and US Trade Representative|
|12||Jim Yong Kim||2012–present|| Korea Republic
|Korean-American physician and anthropologist, co-founder of Partners in Health and 17th President of Dartmouth College.
Elected on 16 April 2012.
- Hurlburt, Heather (2012-03-23). "Why Jim Yong Kim would make a great World Bank president". The Guardian. Retrieved 2012-03-23.
- World Bank. "Leadership". World Bank Group. Retrieved 2012-07-17.
- Reuters (2012-04-16). "Jim Yong Kim chosen to head World Bank". CNN IBN. Retrieved 2012-04-16.
- The World Bank President is traditionally an American citizen. Wolfensohn was a naturalised American citizen before taking office.