Staff restructure after new World Bank strategy approved
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Article summary
Several new appointments as part of the restructure for the implementation of the World Bank’s new strategy.
As part of the restructure for the implementation of the World Bank’s new strategy, approved in October (see Observer Autumn 2013), there have been several new appointments. The internal restructure involved reducing costs and job cuts. Senior Bank staff Keith Hansen and Nena Stoiljkovic will oversee the 14 global practices, including agriculture, education, energy, health, poverty and water. The global practices replace the Bank’s old matrix management system based on functional ‘networks’ such as ‘sustainable development’ and ‘human development’ with broader remits.
Global practices vice president
Appointed early October
Sector Manager and Sector Director, World Bank
Global practices vice president (will remain IFC’s vice president and member of IFC’s management team)
Group vice president and special envoy for climate change
Starting January 2014
Other recent significant appointments include former World Bank President Robert Zoellick returning to Goldman Sachs and Changyong Rhee leaving the Asian Development Bank for a new post at the IMF. For previous coverage of appointments and “revolving doors” see Update 84 and 81.
Chairman of Goldman Sachs international advisory board
Appointed early October
Appointed mid October
Macroeconomist, World Bank
Director, Asia and Pacific Department, IMF
Appointed end November
