Axel van Trotsenburg oversees the World Bank’s operational program and ensures that the Bank’s delivery model continues to meet the needs of client countries. He also builds support and mobilizes financial resources across the international community for efforts to assist low and middle-income countries.
Mr. van Trotsenburg brings deep experience in regional operations and finance, drawing on his experience as the longest-serving Vice President at the Bank. A Dutch and Austrian national, he was Acting World Bank CEO from September 2 – 30, 2019 and served as World Bank Vice President for Latin America and the Caribbean from February 2019. From 2016 to January 2019, Mr van Trotsenburg served as World Bank Vice President of Development Finance (DFi). Here, he oversaw strategic mobilization of resources, and was responsible for the replenishment and stewardship of the International Development Association (IDA), the largest source of concessional financing for the world's poorest countries. He has led the policy negotiations and process for two IDA replenishments, which together mobilized a record $125 billion—$50 billion in 2010 for IDA16 and $75 billion in 2016 for IDA18. Under his leadership, for the first time, IDA leveraged its equity by blending donor contributions with internal resources and funds raised through debt markets.
Apart from his experience in managing World Bank finances, Mr. van Trotsenburg has had extensive experience in country operations and managing regional programs, including in Africa. Prior to his role as Vice President of DFi, he served as Vice President for the East Asia and Pacific Region from 2013 to 2016. From 2009 to 2013, he served as Vice President for Concessional Finance and Global Partnerships.