Nume Ekeghe
The Executive Directors of the World Bank at the weekend unanimously selected David R. Malpass as President of the Group for a five-year term beginning tomorrow.
The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and leadership in recent months.
The Executive Directors followed the selection process agreed in 2011. The process included an open, transparent nomination where any national of the Bank’s membership could be proposed by any Executive Director or Governor through an Executive Director. This was then followed by thorough due diligence and a comprehensive interview of Malpass by the Executive Directors.
The board looked forward to working with Malpass on the implementation of its ‘Forward Look’ and the capital package agreement as articulated in the Sustainable Financing for Sustainable Development Paper.
Malpass, according to a statement, previously served as Under…
