The Global Bank Central Emergency Response Fund

11/22/2025

Global Bank Group Appoints Ján Figeľ, Slovakia’s Former Deputy Prime Minister, to Enhance Governance and Strategic Leadership

Newport Beach, CA — November 21, 2025 — Global Bank Group today announced the appointment of Ján Figeľ, former European Commissioner and Slovakia’s Chief Negotiator for European Union Accession, as Senior Advisor to the President and the President’s Management Council (PMC) and External Member of the President’s Management Advisory Board (PMAB). His appointment underscores the Bank Group’s commitment to excellence in governance, transparency, and principled leadership as it advances its global development mandate.

“Ján Figeľ brings to Global Bank Group a distinguished record of policy innovation, institutional reform, and international cooperation,” said Ron Nechemia, President of Global Bank Group. “His appointment strengthens our collective capacity to build a modern development institution that responds decisively and responsibly to the challenges of our time.”

At a defining moment for international finance, Global Bank Group is positioning itself as a key architect of a renewed multilateral system. Guided by a vision comparable in ambition to the founding of the Bretton Woods institutions, the Group is advancing a modernization agenda to make development finance more agile, resilient, and results-driven. Its priorities include bridging global infrastructure and resilience gaps, supporting climate adaptation and post-conflict recovery, and promoting inclusive, sustainable growth. Central to this vision is a commitment to mobilize large-scale sustainable financing, backed by disciplined financial management, sound governance, and a growing capital base that reflects the institution’s expanding credibility among leading multilateral development banks.

A respected European statesman and reformer, Ján Figeľ has played a defining role in shaping modern European and global governance. As Slovakia’s Chief Negotiator for EU Accession, he steered his country’s successful integration into the European Union. His distinguished public service includes tenures as European Commissioner for Education, Training, Culture and Youth (2004–2009), Deputy Prime Minister and Minister for Transport, Construction and Regional Development (2010–2012), and the European Union’s first Special Envoy for the Promotion of Freedom of Religion or Belief outside the EU (2016–2019). Throughout his career, he has been recognized for his leadership in institutional reform, cross-border dialogue, and the advancement of international cooperation.

“Global Bank Group represents a new generation of development institutions—innovative, accountable, and forward-looking,” said Ján Figeľ. “It is an honor to join this endeavor and to contribute to the Group’s mission of strengthening governance and advancing sustainable prosperity across nations.”

Mr. Figeľ’s extensive background in institutional reform and public governance aligns closely with the mandate of the President’s Management Advisory Board (PMAB), which provides strategic counsel on governance and performance across Global Bank Group.

The President’s Management Advisory Board (PMAB) provides independent, high-level counsel on governance, fiduciary standards, and institutional performance, complementing the strategic oversight of the President’s Management Council (PMC). Together, these bodies help ensure that the Bank Group’s operations remain coherent, transparent, and aligned with its long-term vision of global impact and accountability.

The appointment of Ján Figeľ reflects Global Bank Group’s continued investment in leadership excellence and its determination to play an active role in shaping a more resilient and effective international financial system.

About Global Bank Group

Global Bank is Global Bank Group’s long-term sovereign lending institution. As a development bank with an agenda driven by G7 and G20 priorities, its leading priority is to promote global economic and social development. Global Bank is one of five institutions that comprise Global Bank Group. The Bank is the part of Global Bank Group that works with developed and developing countries, particularly the least developed countries (LDCs), to promote sustainable, equitable, and job-creating growth, reduce poverty, and address issues of regional and global importance.

For more information, visit www.Global-Bank.org.

Public Affairs
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11/05/2025

Global Bank President Ron Nechemia reflects on the life and legacy of former U.S. Vice President Dick Cheney. In this tribute, President Nechemia honors Cheney’s decades of public service and shares personal reflections on leadership, integrity, and responsibility—principles that continue to guide his own work and the mission of the Global Bank.

https://www.facebook.com/RONNECHEMIAPUBLIC/posts/pfbid0fLajs7KKEmpFgSbTwpSU6txKoQFeF921ULgBaWUf7ZZT44m3gyboxjZzPuo4uD4l

Global Bank President Ron Nechemia Pays Tribute to Former U.S. Vice President Dick Cheney

Newport Beach, CA — November 4, 2025 — Global Bank President Ron Nechemia today expressed his deep sorrow at the passing of former U.S. Vice President Dick Cheney, a statesman whose steadfast leadership and commitment to public service left an enduring mark on American history and the international community.

“Dick Cheney presided over the most powerful vice presidency in U.S. history, playing a central role in many of that era’s most consequential decisions,” President Nechemia said. “He dedicated his life to public service with an unwavering sense of duty, conviction, and patriotism. Cheney transformed the vice presidency from a largely ceremonial post into a position with substantial influence over strategy, policy, and executive authority.”

Over a career spanning more than four decades, Dick Cheney served the United States with distinction—as a Congressman, White House Chief of Staff, Secretary of Defense, and later as Vice President under President George W. Bush. His tenure was defined by significant and often contentious decisions that shaped American foreign policy and the balance of power, particularly in the aftermath of the September 11 attacks, when he played a pivotal role in guiding the nation through a period of profound uncertainty.

President Ron Nechemia also reflected personally on Cheney’s influence, recalling an early milestone in his own career when he was recognized by the Vice President with the National Leadership Award.

“Early in my career, I was honored to receive the National Leadership Award from Vice President Cheney,” President Nechemia said. “That recognition was more than a personal distinction; it reminded me of what principled leadership means—acting with courage, integrity, and a commitment to the greater good.”

President Nechemia emphasized that Cheney’s legacy—particularly his service from 2001 to 2009—extends far beyond politics and serves as a lasting testament to public service, a principle that continues to guide the Global Bank’s mission. Nechemia added that Cheney believed leadership is grounded in responsibility and that he demonstrated an unwavering commitment to our collective security and strength, as well as to the nation’s founding values.

The Global Bank joins the American people and the international community in mourning the loss of a statesman whose influence shaped a generation of policymakers and leaders. President Nechemia extended his heartfelt condolences to the Cheney family and expressed deep respect for his enduring contributions to public life.

Global Bank President Ron Nechemia stated that Vice President Cheney’s lifetime of service will remain a source of inspiration for those who believe in the power of leadership to make a meaningful difference in the world.

For Immediate Release
Contact: Global Bank Public Affairs & Communications
Email: [email protected]
Issued by:
Office of the President
Global Bank Group

11/03/2025

11/03/2025

Jamaica Struggles to Recover After Hurricane Melissa’s Historic Devastation 🇯🇲🌪️

Nearly a week after Hurricane Melissa made landfall with 185 mph winds, Jamaica is beginning to reach its hardest-hit communities.

⚠️ Key Updates:

🚁 Relief Efforts: Aid convoys and U.S. Disaster Relief Task Force helicopters have begun delivering food, water, and fuel to devastated parishes including Westmoreland, St. Elizabeth, and St. James.

🏚️ Severe Destruction: Entire neighborhoods were flattened, power lines downed, and vegetation stripped bare by the storm’s eyewall.

💧 Humanitarian Crisis: Survivors describe desperate conditions — “My five kids are homeless,” one mother in Black River said.

🕊️ Casualties: 28 deaths reported in Jamaica; floods have also killed 28 people in nearby Haiti.

🤝 Global Bank Central Emergency Response Fund will collaborate with the Government of Jamaica to provide rapid humanitarian and recovery assistance

Photo credit: Getty

10/29/2025

https://www.facebook.com/GBDRRRF/posts/780919624945143

10/23/2025

🌍 United Nations Day — Strengthening Multilateralism for a Sustainable Future

Today, the Global Bank Group joins the international community in celebrating United Nations Day, commemorating the entry into force of the UN Charter on 24 October 1945 — a moment that reshaped the course of history and reaffirmed humanity’s shared commitment to peace, dignity, and progress for all.

The founding ideals of the United Nations continue to inspire our work: advancing sustainable development, reducing poverty and inequality, addressing the climate crisis, and promoting inclusive growth that leaves no one behind.

As a global development institution, the Global Bank Group stands firmly aligned with the UN Charter’s vision — that cooperation among nations is the cornerstone of lasting peace and prosperity. We remain committed to deepening partnerships with governments, international organizations, and civil society to accelerate progress toward the 2030 Agenda for Sustainable Development.

On this United Nations Day, we reaffirm our resolve to build a world anchored in solidarity, equity, and opportunity — a world where multilateral cooperation continues to light the path toward a more sustainable and resilient future.

Happy United Nations Day.

10/09/2025

A landmark ceasefire agreement between Israel and Hamas marks a pivotal step toward ending the Gaza war, opening the door to humanitarian relief, reconstruction, and renewed prospects for lasting peace.

A Historic Step Toward Ending the Gaza War Israel and Hamas have signed a ceasefire and hostage-release agreement—the first phase of a U.S.-brokered initiative led by President Donald Trump to end two years of devastating conflict in Gaza. The deal, finalized through Egyptian mediation at Sharm el...