Short answers, pulled from the story.
The International Bank for Reconstruction and Development emerged from a conference held at the Mount Washington Hotel in Bretton Woods, New Hampshire during the year 1944. Field offices opened in Paris, Copenhagen, and Prague within months of operations beginning in 1946.
France received the bank's first loan of $250 million in 1947 to rebuild infrastructure following World War II. This sum equated to roughly $2.6 billion in modern currency values.
David Malpass assumed the presidency on the 9th of April 2019 after being nominated by United States President Donald Trump. He oversees overall direction while executive directors manage specific operational matters.
The institution maintains a triple-A credit rating since 1959 allowing it to borrow at rates near U.S. Treasury bonds. Investors grant multilateral development banks privileged repayment status if a country faces financial restrictions.
India, Indonesia, Jordan, Egypt, Argentina, China, Morocco, Turkey, Ukraine, and Colombia ranked among top borrowers that year. Lending commitments reached $23.2 billion for one hundred projects during fiscal year 2019.