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. [1][2] List of Presidents # Portrait Name Dates Nationality Background 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 Australia[note 1] 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 United States Korean-American physician and anthropologist, co- founder of Partners in Health and 17th President of Dartmouth College.[3] Elected on 16 April 2012.
Posted on: Sun, 06 Apr 2014 04:34:41 +0000
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