In fiscal 2024, the World Bank Group adopted a bold new vision of a world free of poverty on a livable planet. To achieve this, the Bank Group is enacting reforms to become a better partner to ...

China’s Shaolin Yang is new CAO; Brazil’s Joaquim Levy Chosen for CFO. WASHINGTON, January 11, 2016—World Bank Group President Jim Yong Kim today announced the appointments of Mr. Shaolin Yang as ...

Since June 2023, the bank has been led by former Mastercard CEO Ajay Banga, the first Indian American to lead the institution. But the long-standing tradition of U.S. leadership of the World Bank ...

The World Bank Group has been actively engaged in promoting women in leadership positions across sectors. In 2022, the WBG launched its Women in Leadership series as a part of its outreach and ...

David Malpass, President, The World Bank Group, speaks on stage during The 2022 Concordia Annual Summit - Day 1 at Sheraton New York, Sept. 19, 2022, in New York.

The World Bank says it will stop publishing its annual Doing Business economic report after an independent investigation found bank leaders placed “undue pressure” on staffers to alter data to ...

Little more than a week after David Malpass announced his intention to step down as World Bank Group president, President Biden named Ajay Banga his administration’s pick to fill the top spot in ...

THE WORLD BANK’S Doing Business rankings, which are followed closely by leaders in China, India and elsewhere, are supposed to gauge how easy it is to do business in 190 countries.

The International Monetary Fund and the World Bank Group wrap up their joint spring meetings, where the focus is on restructuring debt for low-income countries; expected Republican presidential ...

The World Bank Group is considering financing $500 ... Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn ...