World Bank Group Timeline
Robert L. Garner becomes president of IFC
Garner had expressed interest in what would become the International Finance Corporation early in his years as World Bank Vice President. In 1952, he submitted a memorandum on the proposed new organization to President Black and later set up a committee to draft a charter for the organization. By the time the IFC is officially established in 1956, it is clear that Garner is the appropriate individual to lead the new institution.
Resource Gallery
Interview with Richard H. Demuth
Interview date: Aug. 10, 1961
The preliminary work of creating IFC is discussed on pages 36-37 and 42-48.
Robert L. Garner (1894-1975)
Sept. 1956
Portrait signed by President Garner: "To my good friend and long tme associate, Jeff. Bob Garner" (30290117; Credit: UN).
Celebrating the International Finance Corporation's 60th anniversary
Originally published: November 2016
The exhibit provides an overview of the history of the IFC.
Interview with Robert L. Garner
Interview date: July 19, 1961
Discussion of setting up IFC is on pages 46-50.
Press release -- Appointment of Robert L. Garner as IFC President
July 25, 1956
President Black announces the appointment of World Bank Vice President Robert L. Garner as the first president of the Bank's new affiliate (1870203).
Summary of IFC's inaugural press conference with President Garner
July 25, 1956
The transcript of IFC's first press conference contains a summary of IFC President Garner's opening statements followed by a Q&A with the media (1870203).
