World Bank Group Timeline
A. W. Clausen becomes World Bank Group President
A. W. Clausen left his position as CEO of BankAmerica to become the sixth president of the World Bank Group. During his five years as Bank president, Clausen oversees the expansion of structural adjustment lending as well as investment in agricultural and rural development. He will also emphasize the need for additional assistance to sub-Saharan Africa.
Resource Gallery
Minutes from the first meeting of the Management Committee
July 30, 1980
The detailed account of the first Management Committee meeting includes discussion of a number of matters internal to the Bank as well as senior management's relationship with the Board of Directors (1775317).
Interview with A. W. Clausen
Interview date: June 8, 1992
President Clausen outlines his prescription for future development work in a troubled international economy.
Correspondence from Prince Philip, Duke of Edinburgh, to President Clausen
Aug. 13, 1981
Prince Philip extends best wishes on President Clausen's appointment as World Bank Group President and directs his attention to previous assurances made regarding the World Conservation Strategy (1775135).
Announcement of the establishment of the Managing Committee
July 27, 1981
President Clausen announces the creation of the Managing Committee, a group of seven vice and senior vice presidents who will meet with the president weekly and will oversee both long- and near-term strategy and planning (1775317).
Remarks by A. W. Clausen
Document date: Apr. 18, 1983
The speech, titled "Accelerating Growth and Reducing Poverty," was delivered to a German nonprofit association and a German think tank.
President A. W. Clausen
6th World Bank Group President: 1981
1986
Remarks Prepared for Delivery by A. W. Clausen
Document date: Sept. 21, 1981
President Clausen’s speech before the International Industrial Conference addresses major economic challenges, the role of transnationals, and the effects of inflation on development.
Correspondence from President Clausen to Prince Philip, Duke of Edinburgh
Aug. 21, 1981
President Clausen thanks His Royal Highness for his good wishes and ensures him that the World Bank Group's participation in the World Conservation Strategy will continue (1775135).
Address to the Board of Governors by A. W. Clausen
Document date: Sept. 29, 1981
President Clausen's first annual meeting speech describes the state of the global economy and the World Bank Group's role as a unique source of development capital.
