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World Bank names Nobel laureate Michael Kremer as next chief economist

Summary by Times of India
Michael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background in experimental methods targeting global poverty alleviation, Kremer has dedicated his research to groundbreaking strategies aimed at uplifting developing nations. Commencing on October 1, he will tackle pressing global issues, harnessing his extensive expertise to drive impactful development initiatives.

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Lean Left

Nobel Prize winner Michael Kremer has been appointed Chief Economist of the World Bank Group and Vice President for Development Economics, which means that from October 1, one of today's most prominent economists will manage research and analytical work in that international financial institution, the World Bank announced today.

·Belgrade, Serbia
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On the basis of his research, programs were created that support small farmers and gave millions of people access to vaccines.

·Munich, Germany
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Lean Left

Professor of the University of Chicago will join October 1st to replace Indermit Gill after retirement

·Madrid, Spain
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Lean Right

In 2019, the economist received the Nobel Prize in Economics for merit in the fight against poverty.

·Vienna, Austria
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ReutersReuters
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Center

World Bank names Nobel laureate Michael Kremer as next chief economist

The World Bank on Wednesday named Nobel laureate and University of Chicago professor Michael Kremer as its next chief economist, succeeding Indermit Gill, who retired last month.

·London, United Kingdom
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The Straits Times broke the news in Singapore, Singapore on Wednesday, September 16, 2026.
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