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    Scoop: World Bank reshuffles senior leadership ahead of reforms

    Anna Bjerde has been named new managing director of operations, replacing Axel von Trotsenburg, who has been promoted to senior managing director.

    By Adva Saldinger // 26 January 2023

    The World Bank is making a number of leadership changes at the top as the institution bows to increasing pressure to reform and more effectively address mounting development and climate challenges, which Devex is the first to report.

    Anna Bjerde, who has led the bank’s work in Europe and Central Asia, was named new managing director of operations, replacing Axel van Trotsenburg, who has been promoted to senior managing director effective April 3.

    Bjerde anticipates being part of shareholder conversations about the newly released “evolution road map,” and will be in charge of implementing any changes that result, particularly those relating to the bank’s operating model.

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    More reading:

    ► Experts react: The good, bad, and meh in the World Bank's reform plan

    ► World Bank mulls capital increase, climate focus in new reform plan

    ► From the editor-in-chief: 3 ways 2023 may define a new development era

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    • World Bank Group
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    About the author

    • Adva Saldinger

      Adva Saldinger@AdvaSal

      Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.

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