What Does The World Bank Group Do?

Total employees16000
HeadquartersWashington
Founded1944

The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. It provides a wide array of financial products and technical assistance, and helps countries share and apply innovative knowledge and solutions to the challenges they face. The Group comprises the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), 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 Group's Headquarters?

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

HQ Function

Serves as the central hub for global operations, policy development, research, project approvals, and coordination of its five member institutions. It's where major strategic decisions are made and global initiatives are launched.

Notable Features:

The main complex (MC) is known for its large central atrium, a visitor center, an extensive art program showcasing works from member countries, and facilities for large international conferences and meetings.

Work Culture:

Highly international and diverse, with staff from nearly every country. The culture is mission-driven, focused on global development challenges, analytical rigor, and collaboration. It can be demanding with a strong emphasis on results and impact.

HQ Significance:

Its location in Washington, D.C. facilitates close collaboration with other international organizations (like the IMF), the U.S. government, embassies, and think tanks. It symbolizes global cooperation in development finance.

Values Reflected in HQ: The architecture and layout aim to reflect global interconnectedness, transparency (with public areas like the visitor center), and a commitment to fostering dialogue and knowledge sharing.

Location:

The World Bank Group maintains offices in over 130 locations worldwide. These country offices are crucial for implementing projects, engaging with governments and local stakeholders, conducting research, and providing policy advice tailored to specific country contexts. Globally supported functions include project financing, economic and sectoral analysis, technical assistance, capacity building, knowledge sharing, and fostering partnerships across sectors like education, health, agriculture, infrastructure, climate change, and private sector development.

Street Address:

1818 H Street NW

City:

Washington

State/Province:

D.C.

Country:

United States

Where Else Does The World Bank Group Operate Around the World?

Paris, France

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

Facilitates policy dialogue, resource mobilization, and partnerships with European stakeholders for global development initiatives, and provides operational support for projects in certain regions.

Tokyo, Japan

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

Strengthens partnerships with Japan, mobilizes resources, and disseminates knowledge on development best practices. Supports disaster risk management and other specialized areas.

New Delhi, India

Address: Hindustan Times House, 18-20, Kasturba Gandhi Marg, New Delhi - 110 001, India

Supports India's development priorities through financing, analytical work, and technical assistance. Serves as a major hub for operations and knowledge sharing in South Asia.

Nairobi, Kenya

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

Supports regional integration, addresses transboundary issues, and provides operational and analytical support to country offices in Eastern and Southern Africa for various development sectors.

Buying Intent Signals for The World Bank Group

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

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

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

Ajay Banga - President, World Bank Group
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
Anna Bjerde - Managing Director, Operations
Makhtar Diop - Managing Director, International Finance Corporation (IFC)
Hiroshi Matano - Executive Vice President, Multilateral Investment Guarantee Agency (MIGA)

Who's Investing in The World Bank Group?

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

United States
Japan
China
Germany
United Kingdom
France
India
Canada
Italy
Saudi Arabia
Other member countries (189 total for IBRD)

What Leadership Changes Has The World Bank Group Seen Recently?

Hire1
Exits1

The most significant executive change in the last 12 months was the appointment of Ajay Banga as the new President of the World Bank Group, succeeding David Malpass. This transition has set the stage for potential strategic shifts and renewed focus areas for the institution.

Departures

David Malpass, David Malpass concluded his term as President of the World Bank Group.

New Appointments:

Ajay Banga, Ajay Banga was appointed as the new President of the World Bank Group, following nomination by the United States.

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

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

The World Bank Group Email Formats and Examples

The World Bank Group primarily uses the email format [first_initial][last_name]@worldbankgroup.org or [first_initial][last_name]@worldbank.org. Variations may exist for specific departments or individuals. For instance, common aliases or shorter versions might also be in use.

flast@worldbankgroup.org (e.g., jdoe@worldbankgroup.org) or flast@worldbank.org

Format

asmith@worldbankgroup.org

Example

80%

Success rate

What's the Latest News About The World Bank Group?

World Bank Press Release • April 18, 2024

The World Bank Group: World Bank, IMF Call for Urgent Action to Tackle Debt Challenges in Developing Countries

The World Bank and IMF issued a joint call for urgent action by borrowers and creditors to address mounting debt challenges in developing countries. They emphasized the need for improved debt transparency, quicker restructuring processes, and support for countries to achieve sustainable debt levels....more

World Bank Press Release • April 10, 2024

The World Bank Group: Global Economy Stuck in Low Gear, Needs Major Course Correction

The World Bank reported that the global economy is set for its weakest half-decade of growth in 30 years. It called for major policy corrections to boost investment, strengthen fiscal frameworks, and accelerate poverty reduction, particularly in the poorest countries....more

World Bank Press Release • June 2, 2023

The World Bank Group: Ajay Banga Assumes World Bank Group Presidency

Ajay Banga began his five-year term as President of the World Bank Group. He outlined his vision to create a world free of poverty on a livable planet, emphasizing the need for the Bank to evolve and deliver more impact....more

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