- This announcement was made by the World Bank Group on February 20, 2024.
- Wencai Zhang, a Chinese national, brings a wealth of strategic and operational experience in development and with Multilateral Development Banks.
- He will oversee the transformation of the Bank Group’s Budget, Planning and Strategy and Information and Technology Services.
- He will also manage several corporate units including corporate procurement, general services, security, health and safety, as well as the Sanctions System.
- Before this appointment, Wencai Zhang served as the Vice President at the Export-Import Bank of China.
- He has also served as a Trustee of the International Financial Reporting Standards (IFRS) Foundation.
Question:
Q.1 Who has been appointed as the Managing Director and World Bank Group Chief Administrative Officer?a. Wencai Zhang
b. Xi Jinping
c. Narendra Modi
d. Joe Biden