President, World Bank Group

Monday, June 24, 2019

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Moderator: Steve Forbes, Chairman and Editor-in-Chief, Forbes Media

David R. Malpass 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, representing the United States in international settings.

Before joining the U.S. Treasury, he was an international economist and founder of a macroeconomics research firm. As chief economist of Bear Stearns, he conducted financial analyses of countries around the world.

Previously, Mr. Malpass served as U.S. Deputy Assistant Secretary of the Treasury for Developing Nations and as Deputy Assistant Secretary of State for Latin American Economic Affairs. 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 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 author of numerous articles on economic development.

A graduate of Colorado College with an MBA from the University of Denver, Mr. Malpass has also worked as a CPA. He and wife Adele Malpass live in Washington, D.C.