David Malpass

David Malpass is an American economist and public official, best known for his role as the President of the World Bank from 2019 to 2023. He has a long career in economics, having worked as the Under Secretary of the Treasury for International Affairs under President Donald Trump. Before his time at the World Bank, he worked as an economist for various organizations, including the U.S. Department of State and the J.P. Morgan investment bank.

Born in 1956, Malpass grew up in the United States and pursued his education at Colorado College and University of Denver, where he earned a master's degree in international economics. Over the years, he has earned a reputation for his focus on economic development, poverty alleviation, and financial reforms in the international sphere, advocating for market-driven solutions and fiscal responsibility.

One of his notable quotes reflects his approach to global economic policy: "The key to poverty reduction is getting countries to adopt good economic policies, not just sending aid." In addition, he once stated, "The World Bank’s goal is to reduce extreme poverty and boost shared prosperity in developing countries," underscoring his commitment to improving global welfare through economic collaboration.