What Does The World Bank Do?

Total employees41757
HeadquartersWashington, D.C.
FoundedN/A

The World Bank is an international financial institution that provides financial and technical assistance to developing countries around the world. Its mission is to reduce poverty and support development by offering low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in areas such as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The World Bank Group comprises five institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—which together form the World Bank—the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).

Where Is The World Bank's Headquarters?

The World Bank officeThe World Bank officeThe World Bank officeThe World Bank office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for the World Bank's global operations, policy development, research, and coordination of its efforts to combat poverty and promote sustainable development worldwide. It houses key leadership, administrative functions, and operational teams for IBRD and IDA.

Notable Features:

The main complex features a large, light-filled atrium, often used for events and exhibitions. It houses an extensive art collection representing its member countries and a specialized library focused on development economics and related fields.

Work Culture:

The World Bank fosters a highly diverse and multicultural work environment, with staff from over 170 countries. The culture is mission-driven, characterized by a strong focus on analytical rigor, global collaboration, policy impact, and a commitment to addressing complex development challenges.

HQ Significance:

Its Washington D.C. location is significant due to its proximity to other major international organizations (like the IMF), diplomatic missions, and U.S. government institutions, facilitating crucial policy dialogue and partnerships. It symbolizes the Bank's central role in global development finance and cooperation.

Values Reflected in HQ: The headquarters' architecture and operations aim to reflect global collaboration, transparency, and dedication to its development mission. Open spaces and numerous meeting areas are designed to foster interaction and knowledge sharing among its diverse staff and visitors.

Location:

The World Bank maintains a significant global presence with over 130 offices in its member countries. Globally, it supports functions such as project financing (loans, credits, grants), policy advice to governments, cutting-edge research and data analysis on development issues, technical assistance and capacity building for institutions, and convening global partnerships. Its operations are aimed at addressing critical development challenges, including poverty eradication, climate action, pandemic preparedness, food security, education, health, and inclusive economic growth in low- and middle-income countries worldwide.

Street Address:

1818 H Street, NW

City:

Washington, D.C.

State/Province:

DC

Country:

USA

Where Else Does The World Bank Operate Around the World?

Paris, France

Address: 66 Avenue d'Iéna, 75116 Paris, France

Facilitates cooperation with European partners on global development issues, represents the Bank in European forums, and supports its engagement with Francophone countries and institutions.

Tokyo, Japan

Address: Fukoku Seimei Building 10F, 2-2-2 Uchisaiwaicho, Chiyoda-ku, Tokyo 100-0011, Japan

Engages with Japanese stakeholders to support World Bank Group operations worldwide, particularly leveraging Japan's expertise in areas like disaster risk management, quality infrastructure, universal health coverage, and human capital development.

Nairobi, Kenya

Address: Delta Center, Menengai Road, Upper Hill, P.O. Box 30577-00100, Nairobi, Kenya

Supports Kenya's national development priorities, including poverty reduction, economic growth, human capital development, and climate resilience. The office also serves as a hub for some regional initiatives and knowledge sharing in East Africa.

Buying Intent Signals for The World Bank

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
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Corporate Finance
*Example signal, not calculated in real time

Who's Leading The World Bank? Meet the Executive Team

As of April 2025, The World Bank' leadership includes:

Ajay Banga - President, World Bank Group
Anna Bjerde - Managing Director, Operations
Anshula Kant - Managing Director and World Bank Group Chief Financial Officer
Axel van Trotsenburg - Senior Managing Director, Development Policy and Partnerships
Indermit Gill - Chief Economist of the World Bank Group and Senior Vice President for Development Economics

Who's Investing in The World Bank?

The World Bank has been backed by several prominent investors over the years, including:

Member Countries (189 nations represent its shareholders and capital subscribers)
Donors to the International Development Association (IDA) and various Trust Funds
Bondholders (Investors in IBRD bonds issued on international capital markets)

What Leadership Changes Has The World Bank Seen Recently?

Hire3
Exits1

The most significant executive change in the past year (June 2023 - May 2024) was the appointment of Ajay Banga as the new President of the World Bank Group. Several Vice Presidential roles also saw new appointments reflecting leadership transitions and strategic priorities.

Departures

David Malpass, David Malpass completed his term and stepped down as President of the World Bank Group.

New Appointments:

Ajay Banga, Ajay Banga appointed as new President of the World Bank Group following an extensive selection process.
Mamta Murthi, Mamta Murthi appointed as Vice President for Human Development, bringing extensive experience in development economics and social sectors.
Antonella Bassani, Antonella Bassani appointed as Vice President for Europe and Central Asia, with deep expertise in the region's development challenges.

What Technology (Tech Stack) Is Used byThe World Bank?

Discover the tools The World Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

The World Bank Email Formats and Examples

The World Bank predominantly uses an email format combining the first initial of an employee's first name with their full last name, followed by the @worldbank.org domain. For example, if an employee is named Jane Doe, her email address would likely be jdoe@worldbank.org. This is the most common and officially recognized pattern.

[first_initial][last]@worldbank.org

Format

jdoe@worldbank.org

Example

95%

Success rate

What's the Latest News About The World Bank?

World Bank Press Release • May 17, 2024

The World Bank Pledges to Connect 100 Million Africans to Electricity by 2030

The World Bank announced a major commitment to support connecting 100 million people in Africa to electricity by 2030. This initiative involves partnerships with African governments and the private sector to expand access to affordable and reliable energy, crucial for economic development and poverty reduction....more

World Bank Blogs • April 19, 2024

The World Bank: A better bank, faster results: How we’re accelerating project preparation and delivery

The World Bank is implementing measures to streamline its processes and accelerate project preparation and delivery to better serve client countries. This includes reducing bureaucratic hurdles and enhancing efficiency to ensure development projects have a quicker and more impactful effect on the ground....more

World Bank Press Release • June 22, 2023

The World Bank Group Launches Private Sector Investment Lab To Develop Solutions to Barriers To Private Sector Investment in Emerging Markets

The World Bank Group launched a Private Sector Investment Lab aimed at developing and rapidly scaling solutions to overcome barriers hindering private sector investment in emerging markets. This initiative will bring together private sector leaders and multilateral development banks to find actionable solutions....more

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