Professional Documents
Culture Documents
GROUP:3
Paul Wolfowitz
June 2005 - June 2007
Known as good governance banker who pushed through
controversial governance and anti-corruption strategy
after extensive global consultations. Placed Africa at the
heart of the Bank's poverty reduction agenda.
James D. Wolfensohn
June 1995 - May 2005
Known as the "Renaissance Banker." Pushed through reforms
that have made the Bank more inclusive, with a renewed
focus on poverty reduction.
Lewis Preston
September 1991 - May 1995
Distinguished commercial banker. Created a client-
oriented vision for the Bank as it celebrated its 50th
anniversary.
a.)Compare the performance of presidents both
preceding and succeed ing of jim wolfenson
Paul Wolfowitz James D. Wolfensohn Lewis Preston
"continent of hope" fighting global poverty and alleviating poverty would be
helping the world's poor forge the Bank's "overarching
better lives. objective“. And emphasized
the quality of lending over the
quantity of lending
one hundred percent debt Emphasis on involving : IBRD 24 , IDA 20, IFC 23 ,
relief for the world’s most young people ICSID 21 members. MIGA 66
indebted nations faith-based groups members .Preston assumed
non-government stakeholders presidency, to 129 members at
civil society the close of his tenure - almost
doubling in size
b.) the both presidents fell into personal controversies what
was the controversial thing and what would be the impact on
professional commitment of organisation
JAMES WOLFENSOHN
NGOs funding.
WOLFOWITZ