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What does the World Bank president do?

president world bank
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What does the World Bank president do?

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Think of him as a company chief executive. Bush nominates Zoellick Q&A: The Wolfowitz row He is responsible for the day-to-day running of the organisation, overseeing the bank’s six regions and managing global operations. As top dog, the president ensures the smooth running of the World Bank, making sure that everyone in the organisation knows its direction and priorities. The president also liaises with world leaders to look at ways of cutting poverty and improving social and economic conditions in member states. But he is forbidden by the bank’s charter from taking a political stance. As well as operational responsibilities, a bank president has a key role as a representative of the world’s poorest people. Through lobbying and speeches, the president is able to draw attention to the problems faced by developing nations such as unfair trade conditions and crippling debt repayments. In short, the president is responsible for the strategy and flavour of the World Bank. Will Mr Wolfowitz

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