As Interim President, Georgieva was responsible for the World Bank Group’s efforts to end extreme poverty by 2030 and to boost shared prosperity around the world. As co-chair of the Global Commission on Adaptation, she is working alongside Ban Ki-Moon and Bill Gates to bring the issue of climate change adaptation on equal footing with mitigation on the policy agenda. As the European Commission Vice President for Budget and Human Resources, Georgieva oversaw the European Union's €161 billion (US $175bn) budget and 33,000 staff across its institutions around the world, and tripled funding available to the refugee crisis in Europe. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. We believe that for all the challenges, greater resilience is achievable and in all of our interests. She has also served as a member of the board of trustees[6] and associated professor in the economics department of the University of National and World Economy in Bulgaria. [51], Since 2019, Georgieva has been co-chairing the World Economic Forum High-Level Group on Humanitarian Investing, alongside Børge Brende and Peter Maurer. She was the Chief Executive of the World Bank Group from 2017 to 2019 and served as Acting President of the World Bank Group from 1 February 2019 to 8 April 2019 following the resignation of Jim Yong Kim. Her term started on 1 October 2019 and will last for five years. In 2004, Georgieva was made Director for the Russian Federation, based in Moscow. [16] Her father was a civil engineer who supervised state road-building projects,[17] and her grandfather was a prominent Bulgarian revolutionary, Ivan Karshovski. [21] She has written over 100 academic papers and has also authored a microeconomics textbook. [13] In 2016, Georgieva was honored with the Devex Power with Purpose award for her work in global development. Her final position at the World Bank, vice president and corporate secretary, conveyed lead responsibility for liaison with the members of the institution's board of executive directors, representing the bank's shareholders (the member country governments). [65], Vice-President of the European Commission. 1818 H Street, NW Washington, DC 20433 USA (202) 473-1000, INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES. The countdown to the Annual Meetings is on! [7] On 27 September 2016, the Bulgarian government nominated Kristalina Georgieva for the post of United Nations Secretary-General. This work is expected to pave the way for future legislative proposals. Kristalina Georgieva is the former Chief Executive Officer of the World Bank.

Previously Georgieva, a Bulgarian national, helped shape the agenda of the European Union starting in 2010, first as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, where she managed one of the world's largest humanitarian aid budgets and established herself as a global champion for resilience. Georgieva was appointed the first chief executive officer for the International Bank for Reconstruction and Development and the International Development Association on 28 October 2016 and started in the role on 2 January 2017. From 2007 to 2008, she was Director for Sustainable Development in charge of policy and lending operations in infrastructure, urban development, agriculture, environment and social development, including support to fragile and conflict-affected countries. In this role she oversaw around 60% of lending operations of the World Bank Group.
She strongly promoted the use of synergies between humanitarian aid and civil protection tools, which resulted in a more effective response to crises and disasters worldwide. Other key issues raised in discussions with MEPs had been improving co-ordination within the EU (and within the commission), and between humanitarian and military players in order to meet the dual challenge posed by expanding needs and shrinking budgets.

[4], During her time in office as commissioner for international cooperation, humanitarian aid, and crisis response, Georgieva managed one of the world's largest humanitarian aid budgets and promoted the EU as a global champion for resilience and disaster risk reduction. Immediately after taking office, she took responsibility for coordinating the EU response to the humanitarian consequence of the 2010 Haiti earthquake. As recognition of her work and her efficient reaction to the humanitarian crises of the year, Georgieva was named Commissioner of the Year in the "Europeans of the Year 2010" awards, organized by the influential European Voice newspaper, which also named her "European of the Year". [43] Her candidacy had been uncertain because of political infighting in Bulgaria. Following this initial baptism of fire, Georgieva has ensured EU's response in a number of crises and disasters that struck the world in 2010, including the earthquake in Chile and the floods in Pakistan. [52], On 29 September 2019 Georgieva was named the next managing director of the International Monetary Fund, to succeed Christine Lagarde, who is leaving to become head of the European Central Bank (ECB). [22], She held a range of academic and consulting positions in Bulgaria and the US, and has lectured on development topics in universities, including the Australian National University, Massachusetts Institute of Technology, Tsinghua University, Yale University, Harvard University, London School of Economics, the University of the South Pacific and others. [19][20] Her thesis was on "Environmental Protection Policy and Economic Growth in the USA". Kristalina Georgieva was born in Sofia, Bulgaria, in 1953. [61], In 2019, Georgieva was awarded the Princess Marina Sturdza award in the Emerging Europe Remarkable Achievement Awards. [64], Georgieva is married and has one child. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth.

A Caribbean crystal ball: What can experience from Caribbean islands tell us about investing in climate resilience? The World Bank Group works in every major area of development. Salaries posted anonymously by The World Bank employees.

[23], Georgieva is fluent in Bulgarian, English, and Russian, and can also speak some French.[24]. [2][3][4][5], From 1993 to 2010, she served in a number of positions in the World Bank Group, eventually rising to become its vice president and corporate secretary in March 2008. Georgieva is included in Time magazine 's 100 Most Influential People of 2020. At the World Bank and the European Commission, she has driven progress on gender balance, pushing toward a target of 40 percent women in management by 2019 at the European Commission, and achieving parity in senior management at the World Bank.

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