Dig on USAID #1 Vendor which is the World Bank Group

https://2012-2017.usaid.gov/results-and-data/budget-spending/top-40-vendors

Top 40 Vendors

USAIDworks with a diverse group of partners worldwide. Following is a list of the top 40 vendors, based on amounts obligated. (Data is current as of November, 2014.) Please visit ForeignAssistance.gov to view detailed transaction data.

Vendor Name FY 2014

1WORLD BANK GROUP2,051,451,215.97

2 WORLD FOOD PROGRAM 1,482,417,197.00

3 CHEMONICS 501,697,892.98

4 P F S C M 389,233,980.00

5 FHI 360 351,378,922.26

6 UNITED NATIONS CHILDREN'S FUND 299,704,499.00

7 JOHN SNOW, INCORPORATED 285,510,939.85

8 DAI WASHINGTON 262,402,692.38

9 MANAGEMENT SCIENCES FOR HEALTH, INC. 245,683,554.43

10 JHPIEGO CORPORATION 219,477,936.09

11 ABT ASSOCIATES INC. 216,992,854.57

12 R T I INTERNATIONAL 207,619,327.94

13 CRS.ORG 206,369,402.89

14 MERCY CORPS 196,784,225.67

15 GAVI ALLIANCE 175,000,000.00

16 WHO / OMS 163,170,668.00

17 INTERNATIONAL ORGANIZATION FOR MIGRATION 154,002,795.81

18 TETRA TECH ARD 153,503,372.25

19 ACDI/VOCA 142,284,590.00

20 INTERNATIONAL RESOURCES GROUP LTD. 137,736,270.09

21 P S I 132,499,067.65

22 SAVE THE CHILDREN 125,954,645.34

23 INTERNATIONAL MEDICAL CORPS 122,971,079.00

24 IRC AND PARTNERS 122,390,490.55

25 AECOM INTERNATIONAL DEVELOPMENT, INC. 118,032,255.18

26 UNIVERSITY RESEARCH CO., LLC 115,178,945.33

27 CREATIVE ASSOCIATES INTERNATIONAL, INC. 114,315,264.78

28 UNAIDS JOINT UNITED NATIONS PROGRAMME ON HIV/AIDS 112,010,452.00

29 INTERNATIONAL RELIEF AND DEVELOPMENT, INC. 111,532,142.15

30 MANAGEMENT SYSTEMS INTERNATIONAL, INC. 105,097,266.17

31 JSI RESEARCH AND TRAINING INSTITUTE,INC. 103,892,523.00

32 JOHNS HOPKINS UNIVERSITY, THE 100,116,921.00

33 CONSORTIUM FOR ELECTIONS & POLITICAL PROCESS STRENGTHENING 89,965,953.67

34 FHI DEVELOPMENT 360 LLC 84,598,113.07

35 PACT 81,389,064.08

36 WORLD VISION, INC. 81,288,667.44

37 GLOBAL COMMUNITIES 80,740,523.92

38 USAID Support to Power Transmission Expansion & Connectivity 76,700,000.00

39 WORLD FOOD PROGRAM 74,055,902.79

40 DELOITTE CONSULTING LLP 69,632,923.35

>>22516822

https://www.worldbank.org/ext/en/home

The World Bank comprisesFiveLegal Entities:

IBRD

International Bank for Reconstruction and Development

The world’s largest development bank, IBRD provides financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people.

https://www.worldbank.org/en/who-we-are/ibrd

IDA

International Development Association

Global Solidarity for Greater Impact and Results

The successful IDA21 replenishment will assist countries in greatest need, empowering them to navigate an uncertain world and realize their full potential.

IFC

International Finance Corporation

Why Developing Economies Need a New Playbook

Find out the latest outlook on the global economy, and why developing economies are falling further behind.

MIGA

Multilateral Investment Guarantee Agency

Our mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.

Our guarantees protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions.

ICSID

International Centre for Settlement of Investment Disputes

ICSID is the world’s leading institution devoted to international investment dispute settlement.

It has extensive experience in this field, having administered the majority of all international investment cases.

https://en.wikipedia.org/wiki/World_Bank_Group

>>22516830

The current World Bank President is Ajay Banga

Ajaypal Singh "Ajay" Banga (born November 10, 1959[1]) is an Indian-born American business executive.[2] He is currently the president of the World Bank Group.[3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.[4][5] He retired from this position on December 31, 2021, and joined General Atlantic as its vice chairman.[6]

Before being nominated to the World Bank, he was the chairman of Exor, the Netherlands-based investment holding company controlled by the Italian Agnelli Family,[7][8] and chairman of the public-private Partnership for Central America with U.S. Vice President Kamala Harris.[9][10]

Banga is the former chairman of the U.S.-India Business Council (USIBC) representing more than 300 of the largest international companies investing in India, and chairman of the International Chamber of Commerce.[11]

Banga was elected President of the World Bank on May 3, 2023, having been nominated to the position in February 2023 by the Biden administration.[12][13][14]

In February 2015, President Barack Obama appointed Banga to serve as a member of the President's Advisory Committee for Trade Policy and Negotiations.[31]

Since the 2020 elections, Banga has been an outside adviser to Vice President Kamala Harris as chairman of the Partnership for Central America where he has led a group of business leaders who have advised her on the administration's work in El Salvador, Guatemala and Honduras.[32]

On February 23, 2023, Banga was nominated by President Biden to lead the World Bank. On May 3, 2023, the World Bank confirmed Ajay Banga as its fourteenth president,[12] and started his term on June 2, 2023.[3]

https://en.wikipedia.org/wiki/Ajay_Banga

Joe Biden nominates Indian-American Ajay Banga as World Bank’s President

ANI News Feb 23, 2023 #joebiden #worldbank #ajaybanga

Raised in India, Ajay Banga has been nominated by the United States of America to be the World Bank’s President, informed The White House on February 23. While addressing weekly briefings, White House press secretary Karine Jean-Pierre said, "The US nominated Ajay Banga to be president of the World Bank. President Biden himself said he is uniquely equipped to lead the world bank, he is a renowned business executive who has managed companies bringing jobs and investment to developing economies."

https://www.youtube.com/watch?v=8w8_Zqf20eM

Ajay Banga Makes History as First Indian-Origin Male President of World Bank | English News | WION

WION May 4, 2023 #WION #WorldBank #AjayBanga

The former CEO of MasterCard, who is of Indian descent, was voted to a five-year term on Wednesday by the 25 members of the World Bank's executive board. His term will begin on June 2nd. U.S. President Joe Biden made the 63-year-old banga's nomination for the position in late February.

https://www.youtube.com/watch?v=Auq_tG-wrOM

>>22516834

World Bank Past Presidents

David R. Malpass

April 9, 2019 – June 1, 2023

Oversaw the WBG’s largest ever crisis response during the COVID-19 pandemic, more than doubled the institution’s investment in climate-related projects, and initiated the Evolution Roadmap reform process.

Jim Yong Kim

July 1, 2012 - February 1, 2019

Established a bold agenda for the international development community: end extreme poverty by 2030 and sustainably build shared prosperity by boosting the incomes of the poorest 40% of the population.

Obama Taps Jim Yong Kim for World Bank

Associated Press Mar 23, 2012

President Barack Obama nominated Dartmouth College President Jim Yong Kim to head the World Bank Friday. It's a surprise choice for the World Bank's top job. (March 23)

https://www.youtube.com/watch?v=zASRa8IUVk8

Robert B. Zoellick

July 1, 2007 - June 30, 2012

Modernized and recapitalized the World Bank by prioritizing good governance and anti-corruption strategies while confronted with the global financial crisis of 2008-2009 and post-conflict issues in member states.

Paul D. Wolfowitz

June 1, 2005 - June 30, 2007

Emphasized support on Africa through the Bank's Africa Action Plan (AAP), pursued a strategy on clean energy and climate change, and advocated for the repatriation of looted assets to developing countries.

James D. Wolfensohn

June 1, 1995 - May 31, 2005

Prioritized the Bank's core purpose: fight global poverty and help the world's poor forge better lives.

Known as the "Renaissance Banker", Wolfensohn pursued many initiatives including debt relief and the fight against the "cancer of corruption".

Lewis T. Preston

September 1, 1991 - May 4, 1995

Led the Bank with agility and responsiveness to meet the changing needs of members: welcoming former Soviet Republics as new members, establishing lending programs in the newly democratic South Africa, and resuming lending

operations in Vietnam.

Barber Conable

July 1, 1986 - August 31, 1991

Realigned his administration with the Bank's central mission of alleviating poverty and recognized the significance of tackling environmental problems. He also oversaw the most extensive reorganization in the Bank's history.

A. W. Clausen

July 1, 1981 - June 30, 1986

Oversaw the expansion of structural adjustment lending during the debt crisis of the early 1980s and emphasized the need for additional assistance to sub-Saharan Africa to provide development infrastructure.

Robert S. McNamara

April 1, 1968 - June 30, 1981

Transformed the World Bank into a development organization by focusing on the needs of people living in extreme poverty.

Expanded operations into new sectors and dramatically increased lending commitments and the number of Bank staff.

George D. Woods

January 1, 1963 - March 31, 1968

Reinforced the Bank's role as a development institution and redirected its focus and resources to the analysis of development and the support of relevant economic activities.

Eugene R. Black

July 1, 1949 - December 31, 1962

Established the Bank as an impartial mediator in international disputes, built the Bank's credit in U.S. capital markets, and formalized operational policies. Two major affiliates were created during his administration: IFC and IDA.

>>22516838

John J. McCloy https://en.wikipedia.org/wiki/John_J._McCloy

March 17, 1947 - June 30, 1949

Solidified the Bank's role as a lending institution and clarified the respective roles of the executive directors and the president. Agreement between the World Bank and the United Nations was formalized during his administration.

John Jay McCloy (March 31, 1895 – March 11, 1989) was an American lawyer, diplomat, banker, and high-ranking bureaucrat. He served as Assistant Secretary of War during World War II under Henry Stimson. In this capacity he dealt with German sabotage and political tensions in the North Africa Campaign. He was both the prime mover of Japanese internment[2] and as well as a high-ranking Federal bureaucrat who opposed the atomic bombings of Hiroshima and Nagasaki.[3][4] After the war, he served as the president of the World Bank, U.S. High Commissioner for Germany, chairman of Chase Manhattan Bank, chairman of the Council on Foreign Relations, a member of the Warren Commission, and a prominent adviser to all presidents from Franklin D. Roosevelt to Ronald Reagan.

McCloy was a member of a foreign policy group called "The Wise Men."

https://en.wikipedia.org/wiki/John_J._McCloy

Eugene Meyer

June 18, 1946 - December 18 1946

Laid the groundwork for the World Bank: defined the Bank's mission, appointed senior staff, hired personnel capable of analyzing loan proposals, and began the important task of building confidence in the Bank on Wall Street.

Eugene Isaac Meyer (October 31, 1875 – July 17, 1959) was a prominent American banker, businessman, financier, and newspaper publisher. His most notable public service role was as thefifth chairman of the Federal Reserve, a position he held from 1930 to 1933. Meyer purchased The Washington Post in 1933, and was its publisher from 1933 to 1946, with the paper staying in his family throughout the rest of the 20th century. He was the first president of the World Bank Group from June to December 1946.

https://en.wikipedia.org/wiki/Eugene_Meyer_(financier)

The Wise Men:Six Friends and the World They Made is a non-fiction book authored by Walter Isaacson and Evan Thomas. Published by Simon & Schuster in 1986, it describes the actions of a group of U.S. federal government officials and members of the East Coast foreign policy establishment. Starting in the immediate post-World War II period, the group developed the containment policy of dealing with the Communist bloc during the Cold War. They also helped to craft institutions and initiatives such asNATO, the World Bank, and the Marshall Plan.An updated edition of the book was released in 2012.[1]

https://en.wikipedia.org/wiki/The_Wise_Men_(book)