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David Malpass

David Malpass

David Malpass was selected as the 13th President of the World Bank Group by its Board of Executive Directors on April 5, 2019.

Malpass previously served as Under Secretary of the Treasury for International Affairs for the United States. He also represented the US in international settings, including the G-7 and G-20 Deputy Finance Ministerial, World Bank-IMF Spring and Annual Meetings, and meetings of the Financial Stability Board, the Organization for Economic Cooperation and Development (OECD), and the Overseas Private Investment Corporation.

He advocated for the capital increase for the IBRD and IFC as part of a reform agenda featuring sustainable lending practices, more efficient use of capital, and a focus on raising living standards in poor countries.

Malpass has also served on the boards of the Council of the Americas, National Committee on US-China Relations, Manhattan Institute, and Gary Klinsky Children’s Centers, as well as various for-profit entities. He is the author of numerous articles on economic development.

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