Indermit Gill, chief economist and senior vice president of the World Bank Group, will retire at the end of August 2026, the bank announced today [1, 2]. Gill plans to step down on August 31, marking the end of his current role that he has held since September 2022 [1, 2].
World Bank President Ajay Banga confirmed the upcoming departure and said the recruitment process for a successor will begin shortly. He praised Gill’s "long career at the World Bank Group," acknowledging his significant contributions to the institution [2].
Before assuming the chief economist post, Gill served as Vice President for Equitable Growth, Finance and Institutions, a role that emphasized promoting fair and sustainable economic development globally [2]. He was appointed to his current position in September 2022, taking on broad responsibilities for the bank’s economic research and strategy [2].
Gill’s retirement will conclude a period marked by expanded efforts to integrate equity and inclusion into the bank’s economic frameworks. His leadership has been recognized within international development circles for advancing growth policies in challenging contexts.
The World Bank plans to initiate a search for a new chief economist soon, aiming for a smooth transition ahead of Gill’s August 31 departure [1, 2].
