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David Malpass

David Malpass
13th President of the World Bank Group
In office
April 9, 2019 – June 1, 2023
Chief ExecutiveKristalina Georgieva
Anshula Kant
Preceded byKristalina Georgieva (acting)
Succeeded byAjay Banga
Under Secretary of the Treasury for International Affairs
In office
September 25, 2017 – April 9, 2019
PresidentDonald Trump
Preceded byD. Nathan Sheets
Succeeded byBrent McIntosh
Personal details
Born (1956-03-08) March 8, 1956 (age 68)
Petoskey, Michigan, U.S
Political partyRepublican
SpouseAdele Obermayer
Children4
RelativesHerman Obermayer (father-in-law)
EducationColorado College (BA)
University of Denver (MBA)

David Robert Malpass (born March 8, 1956[1]) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and Deputy Assistant Secretary of State under George H. W. Bush. He served as Chief Economist at Bear Stearns for the six years preceding its collapse.[2]

During the 2016 U.S. presidential election, Malpass served as an economic advisor to Trump, and in 2017, he was nominated and confirmed as Under Secretary of the Treasury for International Affairs at the Treasury Department. Malpass was elected President of the World Bank on April 4, 2019, having been nominated to the position in February 2019 by the Trump administration.[3][4] He formally took office on April 9, 2019,[4] and announced in February 2023 that he was leaving the position in June of that year.

  1. ^ "Nominations Of Eric D. Hargan, David Malpass, Andrew K. Maloney and Brent James McIntosh" (PDF). U.S. Senate Finance Committee. U.S. Government Publishing Office. June 7, 2017. Retrieved February 6, 2019.
  2. ^ Katz, Celeste; Saltonstall, David (April 15, 2010). "Ex-finance honcho shooting for Gillibrand's Senate seat". New York Daily News. Retrieved November 20, 2016.
  3. ^ Zarroli, Jim (February 6, 2019). "Trump Nominates Outspoken Critic David Malpass To Head World Bank". NPR. Retrieved February 6, 2019.
  4. ^ a b Hsu, Tiffany (April 5, 2019). "David Malpass, Trump's Pick to Lead World Bank, Is Approved". The New York Times. Retrieved April 6, 2019.

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