Economics

World Bank Chief Economist Penny Goldberg to Leave in March

  • Goldberg plans to return to professorship at Yale University
  • Aart Kraay becomes acting chief economist, Malpass memo says
Penny GoldbergPhotographer: NIicholas Kamm/AFP via Getty Images
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World Bank chief economist Penny Goldberg plans to step down on March 1 to return to her job as an economics professor at Yale University.

Aart Kraay, the director of research in the Development Research Group, will become acting chief economist as the bank begins the search for a permanent successor, President David Malpass wrote in an e-mail to staff that was obtained by Bloomberg News.