World Bank Group Timeline
World Bank Group implements reorganization
The primary objective of the reorganization is to cut costs and increase efficiency. As part of the reorganization, the Country Department is made the basic program and budget unit. Each department will consist of a Country Operations Division (COD), comprised of economists, as well as multiple Sectoral Operations Divisions (SOD) staffed by sector specialists. The reorganization is disruptive to staff and will take longer than anticipated to implement; a "fine tuning" exercise in 1989 will be necessary to complete the process.
Resource Gallery
David Hopper (1927-2011)
September 1996
Hopper is named senior vice president, policy planning and research, as part of the 1987 reorganization (30007069; Credit: The World Bank).
Ernest Stern (1933-)
1995
Stern is named senior vice president, finance, as part of the 1987 reorganization (30060031; Credit: The World Bank).
Interview with K. Georg Gabriel
Interview date: Dec. 16, 1993
The 1987 reorganization is discussed on pages 20-31.
Interview with Gregory Ingram
Interview date: July 7 and Nov. 20, 2006
The 1987 reorganization is discussed on pages 6, 25-29, 35, and 42.
Memoranda announcing the implementation of the Bank-wide reorganization
May 4, 1987
Three memoranda from President Conable--two to World Bank Group staff and one to the Board of Directors--contain announcements of senior management appointments and other procedural and organizational matters (1338731).
Bank's World, Vol. 6, No. 5
Document date: May 1987
The newsletter contains two articles discussing the 1987 reorganization.
Memorandum outlining reorganization implementation
May 8, 1987
In the memorandum from President Conable to all World Bank Group staff, the process for implementing the Bank-wide reorganization is briefly described (1338731).
Moeen A. Qureshi (1930-2016)
c. 1983
1985 Qureshi is named senior vice president, operations, as part of the 1987 reorganization (1537835; Credit: The World Bank).
Willi A. Wapenhans (1931-)
c. 1984
1985 Wapenhans is named senior vice president, external affairs and administration, as part of the 1987 reorganization (1537835; Credit: The World Bank).
