David Malpass will step down as World Bank head

Posted on AllSides February 15th, 2023
From The Left
Anna Moneymaker/Getty Images

World Bank President David Malpass said Wednesday that he will resign as head of the influential lender before the end of his term.

Why it matters: Malpass' exit, expected by the end of June, comes months after calls grew from him to step down after he declined to acknowledge the scientific consensus that fossil fuels were warming the planet.

Malpass, a holdover from the Trump administration who led the World Bank since 2019, in a statement did not fully explain the reasoning for the early departure, saying he would "pursue...

Read full story

AllSides Picks

https://www.axios.com/2023/02/15/world-bank-david-malpass-stepping-down

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right