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Al Jazeera
Al Jazeera
Business

World Bank head criticised over climate stance to step down early

David Malpass World Bank Janet Yellen Climate Change Ukraine United States
World Bank President David Malpass is stepping down almost a year early [File: Florence Lo/Reuters]

World Bank chief David Malpass has announced he will step down in June, nearly a year before the end of his term.

Malpass, who was nominated to his five-year term by former United States President Donald Trump in 2019, said on Wednesday he had decided to pursue new challenges after having the “enormous honour and privilege” of leading the international lender.

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