Bloomberg) — 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.
Goldberg, a microeconomist known for her work on trade and development, joined the World Bank in November 2018, Malpass said. She was the first woman editor-in-chief of the American Economic Review.