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Question

Who was appointed as president of the World Bank in April, 2019?

The correct answer is

David Malpass

Understanding the World Bank President Appointment in April 2019

The question asks about the individual appointed as the President of the World Bank in April 2019. This appointment is a significant event in global finance and development, as the President leads the World Bank Group.

Identifying the Correct World Bank President

The President of the World Bank is typically selected by the World Bank's Executive Directors. The process involves nominations, interviews, and a final decision. In early 2019, the position became vacant, leading to a new appointment process.

Let's look at the options provided:

  • Ivanka Trump: She has held advisory roles but was not appointed President of the World Bank.
  • David Malpass: He was indeed appointed as the President of the World Bank around April 2019.
  • Jim Yong Kim: He was the previous President of the World Bank who resigned effective February 1, 2019, which necessitated the new appointment.
  • Anshula Kant: She was appointed as the Managing Director and Chief Financial Officer (MD and CFO) of the World Bank Group much later, in July 2019, not as President.

Based on the timeline and appointments made, David Malpass was the individual appointed to the role of World Bank President in April 2019.

Details of David Malpass's Appointment

David Malpass was nominated by the United States and was unanimously selected by the World Bank's Executive Directors on April 5, 2019. He officially began his term as the 13th President of the World Bank Group on April 9, 2019.

Individual Association/Role (around April 2019) Notes
Ivanka Trump Advisor Not associated with the World Bank Presidency appointment.
David Malpass Appointed President Appointed in April 2019, assumed office April 9, 2019.
Jim Yong Kim Former President Resigned effective Feb 1, 2019, creating the vacancy.
Anshula Kant MD and CFO (appointed later) Appointed in July 2019, not President.

Therefore, the person appointed as president of the World Bank in April, 2019, was David Malpass.

Revision Table: Key World Bank Personnel

Name Role Appointment Timeframe (relevant to question)
David Malpass President, World Bank Group Appointed April 2019
Jim Yong Kim Former President, World Bank Group Term ended Feb 2019
Anshula Kant MD and CFO, World Bank Group Appointed July 2019

Additional Information on the World Bank

The World Bank Group is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world. The President is head of the entire World Bank Group.

The five organizations that make up the World Bank Group are:

  • International Bank for Reconstruction and Development (IBRD)
  • International Development Association (IDA)
  • International Finance Corporation (IFC)
  • Multilateral Investment Guarantee Agency (MIGA)
  • International Centre for Settlement of Investment Disputes (ICSID)

The President oversees the operations and strategic direction of these institutions, working towards the World Bank's goals of reducing poverty and building shared prosperity.

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Important Questions from World Organisations

  1. Which Indian cultural site is NOT included in the World Heritage List?

  2. The Basel Convention deals with which of the following environmental hazards?

  3. ILO stands for ______.

  4. Who is the Director General (as of April 2019) of the World Trade Organization (WTO)?

  5. Who among the following is the Secretary General of the United Nations?

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