Axel van Trotsenburg

Axel van Trotsenburg
Axel van Trotsenburg in 2023
Born (1958-12-06) 6 December 1958 (age 66)
Bussum, Netherlands
Alma materThe Johns Hopkins University SAIS Europe,
University of Graz,
Carleton University,
University of Vienna
Occupation(s)Senior Managing Director, Development Policy and Partnerships
EmployerWorld Bank Group
WebsiteLinkedIn profile

Axel van Trotsenburg (born December 6, 1958[1]) is a dual Dutch-Austrian economist and development expert,[2] serving as Senior Managing Director responsible for the World Bank’s Development Policy and Partnerships. He had several positions at the World Bank including managing director of Operations[3] and acting CEO.[4]

van Trotsenburg is responsible of expanding engagement on global public goods, climate change, and debt sustainability, as well as leading the World Bank's engagement with the United Nations, G20, G7, and other international financial institutions.[5]

Early life and education

van Trotsenburg was born in Bussum, The Netherlands, and moved to Austria when he was 12 years old.[6] He studied International Affairs at The Johns Hopkins University SAIS Europe in Bologna, Italy[7] and Economics at the University of Graz in Austria.[8] He continued his graduate studies at Carleton University, earning a master's degree in International Relations,[1] later earning his doctorate in economics at the University of Vienna.[3]

Career

Van Trotsenburg began his career in economic research at the OECD, in Paris.[9] He joined the World Bank as a young professional in 1988[10][7] and was soon promoted to Country Economist for Guatemala.[7]

While working on Guatemala, van Trotsenburg authored the project report that supported the Guatemala Government Economic Modernization Loan Project.[11] He also authored the 1991 Guatemala Country economic memorandum[12] and as a Senior Country Economist for Côte d'Ivoire in 1993, he authored reports on recommendations for loans to Côte d'Ivoire.[7]

In 1996, he was promoted to manager for the Heavily Indebted Poor Countries Initiative (HIPC)][13] where he was in charge of the program that cancelled the debts of the world's poorest countries. He was named Country Director for Argentina, Chile, Paraguay, and Uruguay[7][14] in 2002[15] and became the Country Director for Mexico and Colombia in 2007.[14][10][16]

In 2009, van Trotsenburg assumed the role of Vice President for Concessional Finance and Global Partnerships[17][18] and in 2013 was named vice president for the East Asia and Pacific Region.[19] Three years later he was appointed vice president for Development Finance.[20] During his time as vice president, he managed the 2018 General Capital Increase and IDA replenishment.[21]

In 2019, he was named vice president for Latin America and the Caribbean.[22][14][23] The same year, he became acting CEO of the World Bank[24] and was then appointed in September 2019 as managing director of Operations.[24][25][26]

In 2023, van Trotsenburg was promoted to Senior Managing Director, responsible for the World Bank’s Development Policy and Partnerships.[27][28]

References

  1. ^ a b Canada, Library and Archives (2022-09-01). "Item – Theses Canada". library-archives.canada.ca. Retrieved 2023-02-10.
  2. ^ "El Banco Mundial designó un nuevo vicepresidente para América Latina y el Caribe". www.laprensa.com.ar (in Spanish). Retrieved 2023-05-02.
  3. ^ a b DE TELEGRAAF, FINANCIEEL (October 1, 2019). "Nederlander krijgt hoge baan bij Wereldbank". De Telegraaf. Retrieved February 9, 2023.
  4. ^ Ability, Erdee Media Groep & Smartshore. "Nederlander krijgt hoge baan bij Wereldbank". RD.nl (in Dutch). Retrieved 2023-02-10.
  5. ^ January 2023, Adva Saldinger // 26 (2023-01-26). "Scoop: World Bank reshuffles senior leadership ahead of reforms". Devex. Retrieved 2023-05-09.{{cite web}}: CS1 maint: numeric names: authors list (link)
  6. ^ Gestel, Maarten van (2022-11-17). "Doet de Wereldbank te weinig voor het klimaat? Welnee, zegt deze topman: 'Wij zijn de nummer één'". Trouw (in Dutch). Retrieved 2023-02-14.
  7. ^ a b c d e Devex, FWU Newsletter (July 13, 2006). "Leader Profile: Axel van Trotsenburg, Regional Director, WB". Devex. Retrieved February 9, 2023.
  8. ^ "Leader Profile: Axel van Trotsenburg, Regional Director, WB". Devex. 13 July 2006.
  9. ^ Alumni Uni Graz, Alumni Uni Graz (2019). 40 Jahre – 80 Semester Ein Netzwerk feiert Jubiläum (in German). p. 117.
  10. ^ a b MercoPress (July 2, 2007). "World Bank names new Latam country directors". MercoPress. Retrieved February 9, 2023.
  11. ^ "Guatemala - Economic Modernization Loan Project". World Bank. Retrieved 2023-05-02.
  12. ^ "Guatemala - Country economic memorandum". World Bank. Retrieved 2023-05-02.
  13. ^ "Nederlander Van Trotsenburg klimt op naar topfunctie bij Wereldbank". FD.nl (in Dutch). Retrieved 2023-02-10.
  14. ^ a b c Reporter, WIC News (2019-02-01). "Axel van Trotsenburg appointed World Bank Vice President for Latin America and Caribbean". WIC News. Retrieved 2023-02-10.
  15. ^ Clarín.com (2019-02-23). "Axel van Trotsenburg: 'Hacer reformas lleva su tiempo, en la Argentina y en el mundo'". Clarín (in Spanish). Retrieved 2023-05-09.
  16. ^ Morales, Yolanda (March 11, 2019). "Acelerar el desarrollo de estados y zonas rurales del sur, prioridad: Axel van Trotsenburg". El Economista. Retrieved May 9, 2023.
  17. ^ DevDiscourse (October 1, 2019). "Axel van Trotsenburg appointed as World Bank Managing Director of Operations". Devdiscourse. Retrieved February 9, 2023.
  18. ^ "World Bank VP for East Asia visits the Philippines". The FilAm Metro D.C. Retrieved 2023-05-09.
  19. ^ "Nederlander krijgt hoge baan bij Wereldbank". Het Parool (in Dutch). 2013-01-31. Retrieved 2023-02-10.
  20. ^ "World Bank looks to tap markets for lending to poorest countries". Financial Times. 2016-09-22. Retrieved 2023-02-10.
  21. ^ Donnan, Shawn (22 September 2016). "World Bank looks to tap markets for lending to poorest countries". Financial Times.
  22. ^ News South Florida Caribbean (2019-02-02). "World Bank Appoints New Vice President for Latin America and the Caribbean". South Florida Caribbean News. Retrieved 2023-02-10.
  23. ^ "El Banco Mundial anunció una donación de USD 31,5 millones a Colombia para atender a migrantes venezolanos". infobae (in European Spanish). 14 April 2019. Retrieved 2023-05-09.
  24. ^ a b Edwards, Sophie (October 2, 2019). "World Bank names veteran staffer as new managing director". Devex. Retrieved February 9, 2023.
  25. ^ "Axel van Trotsenburg Appointed World Bank Managing Director of Operations". World Bank. Retrieved 2023-02-10.
  26. ^ "World Bank Group President Announces Senior Leadership Team Appointments to Support Evolution and Increase Impact". World Bank. Retrieved 2023-02-10.
  27. ^ "World Bank's new senior managing director: More is expected of us". La Prensa Latina Media. 2023-04-07. Retrieved 2023-05-02.
  28. ^ "World Bank Group Appoints New Team to Boost Impact". Mirage News. 2023-01-26. Retrieved 2023-05-02.