World Bank's Malpass Looks Forward to Working With Biden

The transcript discusses the traditional selection process for the leadership of the International Monetary Fund (IMF) and the World Bank, where Europe and the US have historically played significant roles. The current World Bank President, chosen during Trump's administration, reflects on the apolitical nature of the position and the evolving dynamics in leadership selection. The discussion also highlights the diversification in leadership with the appointment of Kristalina Georgieva from a smaller European country as the head of the IMF. The World Bank's focus on development and collaboration with different administrations is emphasized.

Who proposed the current President of the World Bank?

What is the goal of the World Bank as mentioned in the text?