Caio Koch-Weser

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"From 2006 – 2016 Mr. Koch-Weser was Vice Chairman of Deutsche Bank Group, with global responsibilities for strategy; government, regulatory and corporate advisory; and co-ordination and implementation of group-wide business initiatives. He also served as a Non-Executive Director on the Board of BG Group (2010-2016)

"From 1999-2005, he was German Deputy Minister of Finance (State Secretary). His responsibilities included international finance (G-7 Deputy), European economic and financial affairs, as well as capital markets, banking and insurance. From 2003-2005, Mr. Koch-Weser held the position of Chairman of the EU’s Economic and Financial Committee, a committee of treasury directors and deputy central bankers that prepares EU ministerial meetings (EURO Group and ECOFIN). He was also Chairman of the Supervisory Board of BaFin (German Banking and Securities Supervisory Agency).

"From 1973 until 1999, Mr. Koch-Weser held a number of high-level positions in the World Bank in Washington, notably as Division Chief for the China Program (1980-86), Director for West Africa (1986-90), Deputy Treasurer and Director Treasury Operations (1990-91), Regional Vice President for Middle East and North Africa (1991-95), and Managing Director Operations and Member of the Executive Committee (1996-99).

"Other current activities include Member of the Board at the World Resources Institute (WRI) in Washington; Member of the ClimateWorks Foundation Board of Directors, a Member of the Global Commission on the Economy and Climate(NCE); and a Member of the Board of the Centre for European Reform (CER) in London." [1]

Caio Koch-Weser "is highly qualified to guide the International Monetary Fund for the years ahead given his broad high level of international experience.

"Born and raised in Brazil, Caio Koch-Weser studied economics in Germany and worked in the US as well as now in Germany. His illustrious career during more than 25 years in the World Bank led him from being a junior economist to the position of Managing Director, a level just below the President. He gained a wide range of experience in key strategic areas and all regions of the world, and worked in close cooperation with the Fund: In the early 80s, he advised the Chinese government on China's integration into the world economy and economic reform. As Director for West Africa, he worked closely with African member countries in fighting poverty and laying the basis for sustainable development. He managed annual refinancing as well as liquid assets of the World Bank in his position as Deputy Treasurer. As Vice President for Middle East and North Africa he played a central role in developing, negotiating and implementing the economic reconstruction program for Palestine, in close cooperation with the Palestinian leadership and Israel's leadership and cabinet. He also chaired the Group of donors for Palestine. From 1996 to 1999 he was Managing Director Operations of the World Bank and chaired the World Bank's Policy Committee. During the Latin America-, Asia- and Russia-crises he played a central role in formulating and negotiating the World Bank's response to the crises. His name is well known and respected by political leaders and economic reformers around the world.

"As Germany's Deputy Minister of Finance since early 1999 he is in particular responsible for international monetary and financial issues such as the reform of the international financial architecture and for European monetary and financial affairs as well as European economic integration. He is also in charge of domestic banking supervision and reform. During the German EU and G7 presidencies, he was pivotal in strengthening and deepening the HIPC-Initative as eventually agreed in Cologne, a milestone in fighting poverty." [1]

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  1. Caio Koch-Weser, IMF, accessed February 3, 2008.
  2. European Climate Foundation Supervisory Board, organizational web page, accessed April 7, 2013.
  3. Council, European Council on Foreign Relations, accessed February 3, 2008.
  4. BG Group plc Bpard, organizational web page, accessed August 29, 2012.