World Bank Names David Vaillant CFO

The World Bank has appointed David Vaillant to serve as its new managing director and chief financial officer. He steps into the role bringing fresh leadership to the international financial institution.

The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz

The World Bank appointed David Vaillant as managing director and CFO on Thursday morning. The leadership transition comes as the institution oversees $100B in global development financing. The appointment shapes the financial strategy of the institution as international markets navigate shifting interest rates.

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