Leadership

IFI governance

News

New IFC managing director appointed amidst concerns over World Bank's private sector-led approach to Covid recovery

New IFC head will lead implementation of IFC 3.0.

23 March 2021

IFI governance

News

Changes at the top for IFC and its accountability mechanism

IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.

6 October 2020

IFI governance

Analysis

IMFC communiqué analysis – Annual Meetings 2020

Analysis of the IMFC communiqué, issues on 15 October, from the 2020 World Bank and IMF virtual Annual Meetings.

21 October 2020

IFI governance

News

“Godmother of austerity” appointment to World Bank chief economist post

Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.

16 July 2020

IFI governance

News

IFC CEO announces planned retirement

Philippe Le Houérou will depart 1 October, after joining IFC in 2015.

16 July 2020

IFI governance

News

Senior-level staff changes at World Bank and IMF

World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.

7 April 2020
IMF Board of Governors, Bali, Indonesia, 2018

IFI governance

Background

IMF and World Bank decision-making and governance

This Inside the Institutions looks at decision-making and governance structures at the IMF and World Bank.

7 April 2020 | Inside the institutions

IFI governance

Commentary

Tout change et rien change pas: Global power and IMF leadership

The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.

3 October 2019 | Guest comment
Illustration Observer Summer 2019

IFI governance

Analysis

Here we go again: Surprise IMF leadership change litmus test for its legitimacy

Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.

30 July 2019

IFI governance

Analysis

The Bretton Woods Institutions and the second crisis of multilateralism

At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.

30 July 2019 | At Issue