About the World Bank
Portrait of mother and child. Mali. Photo: © Curt Carnemark / World Bank

SPOTLIGHT: ORGANIZATIONAL UNITS
  • Development Economics Vice Presidency

    The Development Economics Vice Presidency (DEC) seeks to increase understanding of development policies and programs by providing intellectual leadership and analytical services to the Bank and the development community.
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    development community

    understanding of development
    The Development Economics Vice Presidency (DEC) seeks to increase understanding of development policies and programs by providing intellectual leadership and analytical services to the Bank and the development community.
Community roles
Select another World Bank department to learn more about its work.

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ORGANIZATION

Five Institutions, One Group

 

The World Bank Group consists of five organizations:

, emerging markets and developing economies. According to the Global Economic Prospects, in 2016 commodity exporters in these economies grew more slowly than commodity importers did. 

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    The International Bank for Reconstruction and Development

    The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries.
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    The International Development Association

    The International Development Association (IDA) provides interest-free loans — called credits — and grants to governments of the poorest countries.
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    Together, IBRD and IDA make up the World Bank.
  • The International Finance Corporation

    The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.
  • The Multilateral Investment Guarantee Agency

    The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people’s lives. MIGA fulfills this mandate by offering political risk insurance (guarantees) to investors and lenders.
  • The International Centre for Settlement of Investment Disputes

    The International Centre for Settlement of Investment Disputes (ICSID) provides international facilities for conciliation and arbitration of investment disputes.
President

Jim Yong Kim

President, World Bank Group

Jim Yong Kim became the 12th president of the World Bank Group on July 1, 2012.



Experts

Roshan Darshan Bajracharya

Senior Economist, World Bank Nepal

PEOPLE

Joaquim Levy

Managing Director and World Bank Group Chief Financial Officer

Genevieve Boyreau

Program Leader for the South Caucasus countries
View All Senior Managers »

Gaston Sorgho, a Burkina Faso national, is the Country Manager for Mauritania

Prior to this position, he was the program leader in charge of the Human Development Agenda in Cameroon

University of Amsterdam and a PhD in Public Health

A medical doctor by training, Gaston Sorgho received a Master of Public Health degree from the University of Amsterdam and a PhD in Public Health from the Harvard School of Public Health. He joined the World Bank in 1999 and has since worked all over Africa, spending several years as a Senior Public Health Specialist in the country offices of Cote d’Ivoire and Mali. From 2005 to 2009, he joined World Bank Institute (WBI) in Washington DC to teach courses on health sector reform and Results Based Financing. Gaston Sorgho has also served more than 15 years at the Ministry of Health in Burkina Faso.


human civilization

Jim Yong Kim

President, World Bank Group

Jim Yong Kim became the 12th president of the World Bank Group on July 1, 2012.


IN DEPTH
Welcome