Fundz

World Bank Group Announces New Director, Chief Administrative Officer

PRIVATEFeb 21, 2024

Position

Managing Director

Company

World Bank

Zhang Wencai
wzhang@worldbank.org
WashingtonFinancial ServicesFinanceLendingBankingGovernment

Description

The World Bank Group has announced the appointment of Zhang Wencai as managing director and chief administrative officer.

Quick answer

World Bank Group Announces New Director, Chief Administrative Officer (February 21, 2024). World Bank is based in Washington, District Of Columbia, United States.

What did World Bank announce on February 21, 2024?
The World Bank Group has announced the appointment of Zhang Wencai as managing director and chief administrative officer.
What does World Bank do?
The World Bank provides financial and technical assistance to developing countries, aiming to end poverty and promote sustainable development.
Where is World Bank based?
World Bank is based in Washington, District Of Columbia, United States.
Which similar companies made leadership changes around the same time?
Afreximbank (February 28, 2024), Horizon Bank (February 20, 2024), Exchange Bank (February 21, 2024) and Pepper Advantage (February 20, 2024) also announced leadership changes within 45 days of World Bank.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at World Bank, and when

A new leader at World Bank brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

World Bank

Location

1818 H Street NW, Washington, DC 20433, USA

Washington, District Of Columbia, United States

About

The World Bank provides financial and technical assistance to developing countries, aiming to end poverty and promote sustainable development. It consists of the IBRD, supporting middle-income and creditworthy poorer nations, and the IDA, aiding the world’s poorest countries, complemented by IFC, MIGA, and ICSID. Together, they offer loans, credits, and grants for education, health, infrastructure, agriculture, and environmental management.

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Related People

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.