president.worldbankgroup.orgAbout David R Malpass World Bank Group President

Skip to main content President David Malpass Who We Are Office of the President This Site in: English English Español Français العربية Русский 中文 This page in: English Español Français العربية Русский 中文 Up to $12 Billion Immediate Support for COVID-19 Country Response “We are working to provide a fast, flexible response based on developing country needs in dealing with the spread of COVID-19,” said World Bank Group President David Malpass. “This includes emergency financing, policy advice, and technical assistance, building on the World Bank Group's existing instruments and expertise to help countries respond to the crisis." Unleashing the economic power of women Governments increasingly recognize that economies can reach their full potential only with the full participation of both women and men. In this piece, President David Malpass discusses how the World Bank Group is focusing on four key areas in particular to help countries achieve this goal. Unlocking Constraints Faced by Women The World Bank Group, through initiatives such as We-Fi, Women, Business and the Law … among others, is helping unlock constraints faced by women, said President David Malpass at the Women Entrepreneurs Finance Initiative (We-Fi) MENA Regional Summit. “There is still much to do.” Development and Debt in Lower Income Economies Watch President of the World Bank Group David Malpass and IMF Managing Director Kristalina Georgieva discuss how lower-income countries can best mobilize the funding necessary for development while ensuring public debt sustainability. A Discussion on the Economic Prospects for the World Watch World Bank Group President David Malpass and former United States Federal Reserve Chair Janet Yellen discuss global growth, debt and economic outlooks uncertainty in this conversation at the Bipartisan Policy Center and Marketplace. Africa needs to seize this growth opportunity “The time for Africa is now,” writes President David Malpass on investing in Africa. “Let's seize the moment and start delivering immediate wins that can rapidly transform economies and improve people's lives.” The learning crisis requires a new approach World Bank Group President David Malpass signifies the importance of learning in opening up a world of possibilities and being the key to eliminating poverty and boosting shared prosperity. Up to $12 Billion Immediate Support for COVID-19 Country Response “We are working to provide a fast, flexible response based on developing country needs in dealing with the spread of COVID-19,” said World Bank Group President David Malpass. “This includes emergency financing, policy advice, and technical assistance, building on the World Bank Group's existing instruments and expertise to help countries respond to the crisis." Facebook Twitter LinkedIn Unleashing the economic power of women Governments increasingly recognize that economies can reach their full potential only with the full participation of both women and men. In this piece, President David Malpass discusses how the World Bank Group is focusing on four key areas in particular to help countries achieve this goal. Facebook Twitter LinkedIn Unlocking Constraints Faced by Women The World Bank Group, through initiatives such as We-Fi, Women, Business and the Law … among others, is helping unlock constraints faced by women, said President David Malpass at the Women Entrepreneurs Finance Initiative (We-Fi) MENA Regional Summit. “There is still much to do.” Facebook Twitter LinkedIn Development and Debt in Lower Income Economies Watch President of the World Bank Group David Malpass and IMF Managing Director Kristalina Georgieva discuss how lower-income countries can best mobilize the funding necessary for development while ensuring public debt sustainability. Facebook Twitter LinkedIn A Discussion on the Economic Prospects for the World Watch World Bank Group President David Malpass and former United States Federal Reserve Chair Janet Yellen discuss global growth, debt and economic outlooks uncertainty in this conversation at the Bipartisan Policy Center and Marketplace. Facebook Twitter LinkedIn Africa needs to seize this growth opportunity “The time for Africa is now,” writes President David Malpass on investing in Africa. “Let's seize the moment and start delivering immediate wins that can rapidly transform economies and improve people's lives.” Facebook Twitter LinkedIn The learning crisis requires a new approach World Bank Group President David Malpass signifies the importance of learning in opening up a world of possibilities and being the key to eliminating poverty and boosting shared prosperity. Facebook Twitter LinkedIn About David R. Malpass About David R. Malpass David R. Malpass ( @DavidMalpassWBG ), was selected as 13th President of the World Bank Group by its Board of Executive Directors on April 5, 2019. His five-year term began on April 9. Mr. Malpass previously served as Under Secretary of the Treasury for International Affairs for the United States. Mr. Malpass represented the United States 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, and the Overseas Private Investment Corporation. In 2018, Mr. Malpass 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. He was also instrumental in advancing the Debt Transparency Initiative, adopted by the Bank Group and the IMF, to increase public disclosure of debt and thereby reduce the frequency and severity of debt crises. Read More + Before joining the U.S. Treasury, Mr. Malpass was an international economist and founder of a macroeconomics research firm based in New York City. He served as chief economist of Bear Stearns and conducted financial analyses of countries around the world. Previously, Mr. Malpass served as the U.S. Deputy Assistant Secretary of the Treasury for Developing Nations and Deputy Assistant Secretary of State for Latin American Economic Affairs. He focused on an array of foreign policy and development issues, including U.S. involvement in multilateral institutions; the Bank Group’s 1988 capital increase, which supported the creation of the Bank’s environment division; the Enterprise for the America’s Initiative; and Brady bonds to address the Latin American debt crisis. He also served as Senior Analyst for Taxes and Trade at the U.S. Senate Budget Committee, and as Staff Director of the Joint Economic Committee of the U.S. Congress. Mr. Malpass has served on the boards of the Council of the Americas, Economic Club of New York, National Committee on U.S.–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. Mr. Malpass earned his bachelor’s degree from Colorado College and his MBA from the University of Denver. He was a CPA and undertook advanced graduate work in international economics at the School of Foreign Service at Georgetown University and has studied Spanish, Russian, and French. Mr. Malpass and wife Adele Malpass, a journalist, live in Washington, D.C. They have four children and share a strong family interest in development issues. Speeches & Transcripts Press Releases Blogs & Op-eds Latest Speeches & Transcripts Speeches And Transcripts | Mar 03, 2020 Press Call on COVID-19 Response with World Bank Group President David Malpass Speeches And Transcripts | Feb 25, 2020 World Bank Group President David Malpass Remarks at the NABE Economic Policy Conference Speeches And Transcripts | Feb 16, 2020 World Bank Group President David Malpass Opening Remarks at the Women Entrepreneurs Finance Initiative (We-Fi) MENA Regional Summit Spee...