Who could replace World Bank President David Malpass? 

David Malpass, president of the World Bank, unexpectedly said on Wednesday that he would resign in June, leaving open a job that oversees billions of dollars of funding and has a direct impact in developing countries on poverty, climate change preparation, emergency aid and other issues.

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The bank has historically been headed by someone from the United States, the bank’s largest shareholder, while a European heads the International Monetary Fund, but developing countries and emerging markets are pushing to widen those choices.
According to the bank’s 2021 annual report, Malpass earned $525,000 in annual net salary that year, and the bank made more than $340,000 in annual contributions to a pension plan and other benefits.
Here are names being floated by US officials, climate change experts, and global development peers as possible candidates for the job:

Samantha Power

Power, who currently leads the US Agency for International Development (USAID), is a longtime human rights advocate, diplomat and former journalist.

She served as US ambassador to the United Nations under President Barack Obama and won a Pulitzer Prize for her 2002 book “A Problem from Hell,” a study of the US failure to prevent a number of genocides over the past century.

Rajiv Shah

Shah is the former USAID administrator under Obama and currently president of the Rockefeller Foundation, a philanthropic group that says it aims to “promote the well-being of humanity throughout the world.”

The foundation recently partnered with the US State Department on a carbon offset program at COP27, the international climate conference.

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