World Bank Group Timeline
Eugene R. Black becomes World Bank President
In contrast to the nomination of the World Bank’s first two presidents, the naming of Eugene Black to the post occurs with minimal delay. In fact, the same IBRD press release announcing President McCloy’s resignation also includes the announcement of the new president’s election. Black takes over leadership of the Bank at a point when the transition from reconstruction to development loans is underway.
Resource Gallery
Interview with Eugene R. Black
Interview date: Aug. 6, 1961
President Black was interviewed about his tenure at the World Bank Group by Robert Oliver.
Eugene Black (1898-1992)
c. 1949
Prior to being named World Bank President, Eugene Black served as U.S. Executive Director for the United States for two years (1893858; Credit: The World Bank).
Press release -- Address by President Black to the Board of Governors
Sept. 13, 1949
In his first address to the Board of Governors, President Black discusses the work of the World Bank in the previous year, Europe's ongoing recovery following World War II, and the role of the United States in development (30257215).
Mr. Black's Bank - The 1950s
Originally published: February 2013
The exhibit contains the reflections of former World Bank Group Vice President Roger Chaufournier's on President Black.
President Eugene R. Black
3rd World Bank Group President: 1949-1962
Transcript of radio interview with President Black
June 30, 1949
In the interview, Black discusses the early accomplishments of the World Bank and outlines its ongoing work (30257215).
International Bank Notes, Vol. 3, No. 12
Document date: July 1, 1949
The newsletter contains an introductory message from President Black on page 1 and a photo of President and Mrs. Black at their Mayflower Hotel reception on page 2.
