2007/12/22

World Bank Group

with J. D. Wolfensohn
For DC Develeopment Forum
November 2005
Yasuo Izumi

Table of Contents
1. JDW – Personal Background
2. Presidents Before JDW
3. WBG at a Glance 2005
4. JDW’s Initiatives & Achievements
5. Chronology JDW

1

2007/12/22

1. JDW – Personal Background
Born in Australia in 1933
Naturalized US citizen
CEO, J. Wolfensohn Inc., NY
Executive Partner, Salomon Bros.
Exec. Dep. Chmn., Schroders Ltd, Ldn
President. J Henry Schroder’s Banking
Corp, NYMBA, Harvard Business SchoolBA, University of Sydney,

2. Before JDW
8 Previous Presidents
Eugene Meyer, First President, 1946
Laid the groundEugene Robert Black, 3rd, 1949-1962
Build a solid financial foundation
Robert McNamara, 5th, 1968-1981
Expansionist with social consciousness
Lewis Preston, 8th, 1991-1995
Created a client oriented vision2

2007/12/22

3. WBG at a Glance FY2005 1/3
Member Countries : 184 (IBRD) 165(IDA)
Both IBRD + IDA
Cumulative Lending: USD545bn
Commitment (FY2005): USD20bn
No of Lending (FY2005): 245
No of Countries (FY2005): 95

3. WBG at a Glance FY2005 2/3
Gradual Increase for AFR
Decreasing ECA32007/12/22

3. WBG at a Glance FY2005 3/3
Constantly Increase for Public
Administration

4. JDW’s Initiatives – Issues 1/7
CDF – Comprehensive Development
Framework
Strong Support to MDGs
HIPC
Quality / Effectiveness
Youth4

2007/12/22

4. JDW’s Initiatives – Themes 2/7
Scaling-up Poverty Reduction
Stronger Anti Corruption
Largest Financier of HIV/AIDS
Post Conflict Revitalized
Gender Equality

4. JDW’s Initiatives – Internal 3/7
One Team Concept
Strategic Compact
Reorganization: Regions / Networks
Decentralization
Quality, M&E and Effectiveness
More Open and Transparent Institution
Knowledge Sharing: WBI
Advanced Technology: GDLN / Gateway5

2007/12/22

4. Achievements of JDW 4/7
Two Terms Completed“Poverty Reduction” as WBG’s Top Priority
Expanded Policy Dialog - CDF, PRSP
Demand Driven Strategies - MDGs
Ways for a Knowledge Bank
More Sensitive to Quality, M&E – Strategic
Compact

4. Unrealized Dreams of JDW 5/7“Investment Bank” like Working
Environment
Work Program Agreement System – Complete
FailureBuying Expertise and Skills only while needed- No Institutional Human Capacity Dev’t

Agressively Planned “Decentralization”
Not Enough Thinking on the Financial Aspects
Local Capacity Needs more time forDevelopment

62007/12/22

4. Diversifying Instruments 6/7
Declining Fast track Policy Based Loans“Structural Adjustment Loans” to“Development Policy Loans”
Single Phase to Multi-Phased “Programmatic
Adjustment Loans”

Return to Investment Loans
Gradual Increase since 2002
Not enough In-house Technical Expertise

4. Increasing “Indirect Units” 7/7
Many New Practices Introduced
Internal Audit Dept Reinforced- Triggered by Procurement Irregularity
Procurement Advisor System- Accreditation reinforced
Financial Management Specialist- Official System Introduced- with Decentralization Trend
Quality Advisor – QAG / OED Reinforcement- Fully integrated into Project Cycle

72007/12/22

5. JDW Chronology 1/3
June 1995

President, WBG
Dec 1995
One Team Concept Announcement
Oct 1996
Corruption as Cancer
Dec 1996
Toward the Knowledge Bank
Jan 1997
Strategic Compact
Nov 1997
Challenging HIV/AIDS

5. JDW Chronology 2/3
May 1998
Poverty and Unemployment as Top of Agenda
Jan 1999
Moving to a new framework – CDF
June 2000
Launch of Global Development Learning
Network
June 2001
Opening Developed Country Markets
Sep 2001
New Disclosure Policy8

2007/12/22

5. JDW Chronology 3/3
Jan 2002
Formulating Poverty Reduction Strategies
June 2002
Better Measuring, Monitoring and Managing
Feb 2003
Cutting the Red Tape
Feb 2004
Managing Development Results
Sep 2004
Sarajevo Youth Conference
May 2005
Resigned from WBG

Reference:
World Bank Website: www.worldbank.org
in particular, pages
about / history / JDW Chronology

Yasuo Izumianke-Mail: yasuo_izumi@hotmail.com
Tel: 571-276-9903
Websites:
www.YasuoIzumi.com
www.FridayWorld.org

9