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.
Name and new job | Previous positions |
Keith Hansen Global practices vice president Appointed early October |
Acting vice president for the Human Development Network, World Bank Sector Manager and Sector Director, World Bank |
Nena Stoiljkovic Global practices vice president (will remain IFC’s vice president and member of IFC’s management team) Appointed early October |
Vice president business advisory services, IFC |
Rachel Kyte Group vice president and special envoy for climate change Starting January 2014 |
Vice president for sustainable development, World Bank |
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.
Name and new job | Previous positions |
Robert Zoellick Chairman of Goldman Sachs international advisory board Appointed early October |
President, World Bank Group |
Maxwell Mkwezalamba Finance Minister, Malawi Appointed mid October |
Commissioner for economic affairs, African Union Macroeconomist, World Bank |
Changyong Rhee Director, Asia and Pacific Department, IMF Appointed end November |
Chief economist, Asian Development Bank |