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The Warsaw Voice » Business » November 25, 2011
Business & Economy
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World Bank/IMF Post for Belka
November 25, 2011   
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The World Bank/International Monetary Fund Development Committee has announced that Marek Belka, the governor of Poland’s central bank, had been chosen as its new chairman.

Belka, a former prime minister, replaces Ahmed bin Mohammed Al Khalifa, Finance Minister of Bahrain. The World Bank/IMF Development Committee has 25 members, for the most part finance or development ministers, who represent the 187 members of the bank and the fund.

The committee advises the boards of governors of the bank and fund on critical development issues. Every two years the committee appoints a new chairman.

Belka has headed Poland’s central bank since June 2010. Previously, he was Director of the European Department at the IMF for two years. From 2006 to 2008, he was Executive Secretary of the UN Economic Commission for Europe. In 2003, he served first as Chairman of the Council for International Coordination for Iraq and later as Director of Economic Policy.

Belka was Poland’s deputy prime minister and finance minister in 1997 and again from 2001 to 2002. He was prime minister from 2004 to 2005.

In 2005 Belka received The Warsaw Voice’s annual award Chair of the Year, granted to people, institutions and objects that had the biggest impact on Poland and Poles in the previous year.
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