World Bank president to step down in June

Malpass to leave office early in June after sparking climate change controversy

David Malpass
David Malpass
World Bank/Simone D. McCourtie

David Malpass will step down as president of the World Bank in June, the institution announced on February 15.

It is not clear why Malpass is leaving almost a year before the end of his five-year term. He caused considerable controversy in September with remarks that cast doubt on the contribution of fossil fuels to global warming.

The World Bank’s board of executive directors chooses the president for a five-year term. Malpass took office in April 2019, meaning he will leave office with most

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