December 18, 2014 2:59 PM ET

Banks

Company Overview of The World Bank Group

Company Overview

The World Bank Group provides financial and technical assistance services for the developing countries worldwide. It offers low-interest loans, interest-free credits, and grants for education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The company also provides loans and credits; analytic and advisory services, such as poverty assessments, public expenditure reviews, country economic reports, sector reports, and capacity building; advisory services, including foreign investment advisory, private sector liaison officers network, investment promotion advisory, and treasury client servi...

1818 H Street NW

Washington, DC 20433

United States

Founded in 1944

Phone:

202-473-1000

Fax:

202-477-6391

Key Executives for The World Bank Group

President
Age: 54
Chief Financial Officer and Managing Director for Finance
Age: 46
Director of Operations and Strategy
Executive Vice President and Chief Executive Officer of International Finance Corporation
Age: 66
Chief Information Officer and Vice President of Information Solutions Group
Compensation as of Fiscal Year 2014.

The World Bank Group Key Developments

The World Bank Group Presents at 7th Annual dbAccess Indonesia Conference 2014, Nov-18-2014

The World Bank Group Presents at 7th Annual dbAccess Indonesia Conference 2014, Nov-18-2014 . Venue: Four Seasons, Jakarta, Indonesia.

World Bank Cuts Net 250 Jobs

World Bank announced a net 250 job cuts. In addition, around 70 currently unstaffed positions will be eliminated. But the cuts will be offset in part by adding 250-300 jobs in the bank’s operations centre in Chennai, India.

World Bank to Cut Net 250 Jobs

World Bank announced a net 250 job cuts on October 30, 2014, the first major job reductions under its reorganization plans at the bank. The bank would eliminate about 500 positions in its Institutional, Governance and Administrative units - including operations like finance and technology and oversight. In addition, around 70 currently unstaffed positions will be eliminated. The bank has about 9,000 staff members worldwide, most of them in the Washington headquarters. But the cuts will be offset in part by adding 250-300 jobs in the Bank's operations center in Chennai, India.

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