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David Malpas to be new President of World Bank

David Malpas to be new President of World Bank


David Malpaul, senior official of the Donald Trump Administration, was made the new president of the World Bank. He is currently the Deputy Minister of International Affairs in the Finance Department. His tenure will be from 9 April to five years.


US Deputy Director David Malpos will be the new President of the World Bank. The Executive Board of the World Bank selected 63-year-old Malpas as the 13th President of the bank for a term of five years. The Executive Board of the World Bank selected the President of Malpas as a consensus. He is currently the Deputy Minister of International Affairs in the Finance Department. His tenure will be from 9 April to five years. Significantly, all 13 are American Americans. The President of World Bank is the President of the International Reconstruction and Development Bank (IBRD) and the Board of Directors of the International Development Association (IDA).