Skip to Main Navigation

World Bank Group Timeline

February 01, 2019

Kristalina Georgieva becomes interim president

The World Bank Group appoints Kristalina Georgieva as interim World Bank Group president after Jim Yong Kim announced his resignation on January 7, 2019. This is the first time that a woman assumes the position of president at the Bank Group. Georgieva, a Bulgarian economist, had been serving as the Chief Executive Officer (CEO) for the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) since January 2017. She will serve as the Bank’s interim president until April 8, 2019, when David Malpass is installed as the World Bank Group 13th president. On October 1, 2019, Georgieva will take on a new role as Managing Director of the International Monetary Fund (IMF).

Resource Gallery

Interim World Bank Group President Kristalina Georgieva and IMF Managing Director Christine Lagarde

March 8, 2019
Interim President Georgieva and IMF Managing Director Christine Lagarde attend a Women's Day event (World Bank Group photo collection on Flickr; Credit: The World Bank).

Statement -- Kristalina Georgieva becomes Managing Director of the International Monetary Fund (IMF)

Sept. 25, 2019
The statement contains new World Bank Group President Malpass's congratulations to Kristalina Georgieva on her new position.

Press release -- World Bank Group President Kim to resign on February 1, 2019

Jan. 7, 2019
This press release announces President Kim's resignation as the World Bank Group's 12th president.

Kristalina Georgieva

Jan. 31, 2019
Kristalina Georgieva becomes the Interim World Bank Group President after President Kim's resignation (World Bank Group photo collection on Flickr; Credit: The World Bank).