Axel van Trotsenburg

Vice President, Development Finance

Axel van Trotsenburg assumed the role of Vice President of Development Finance (DFi) on March 1, 2016. In this role, he oversees the strategic mobilization of resources, helping to align the needs of clients, donors and World Bank Group institutional priorities through a variety of funding instruments.

Mr. van Trotsenburg is responsible for the replenishment and stewardship of the International Development Association (IDA), the World Bank's fund for the poorest, as well as for trust fund and partnership operations, including the trusteeship of financial intermediary funds. He oversees the department responsible for monitoring IBRD's financial sustainability and ensuring the effective utilization and prudent management of financial resources. He also oversees the World Bank Group’s Secretariat on Financing for Development (FfD), which is working, in partnership with the UN and other multilateral development banks, to identify ways to scale up the resources needed to finance the 2030 Agenda.

Prior to his role as Vice President of DFi, Mr. van Trotsenburg served as Vice President for East Asia and Pacific Region from 2013-2016. There he oversaw a portfolio of over $30 billion in loans, grants, credits and trust funds, coordinating and supervising the activities of more than 1,000 staff. 

Before this, Mr. van Trotsenburg served as the World Bank’s Vice-President for DFi’s precursor, the Concessional Finance and Global Partnerships vice presidency, from 2009-2013. During his tenure, he led the IDA policy negotiations and replenishment process, including the record 16th replenishment of $49.3 billion in December 2010. He also co-chaired the replenishment process for the Global Environment Facility (GEF) and managed the largest replenishment increase ever, under GEF 5, with pledges of $4.25 billion. He had policy oversight of the World Bank's trust fund portfolio, and oversaw a wide range of global initiatives and innovative financing including: the Global Fund to Fight Aids, Tuberculosis and Malaria (GFATM), the International Finance Facility for Immunisation (IFFIm), and the pilot Advance Market Commitment (AMC) for pneumococcal vaccines.

From July 2007-July 2009, Mr. van Trotsenburg was Country Director for Colombia and Mexico, and from 2002 to July 2007, Country Director for Argentina, Chile, Paraguay, and Uruguay. From 1996 to 2001, he was Senior Manager of the Heavily Indebted Poor Countries (HIPC) Initiative, the largest and most comprehensive debt relief program for poor countries. He served previously as Senior Country Economist for Côte d’Ivoire and Country Economist for Guatemala.


Hope for The World’s Poorest Springs in Myanmar, July 3, 2016

How the IDA can help countries reduce poverty (with Victoria Kwakwa), June 24, 2016

Malnutrition denies children opportunity and stunts economic development, March 2, 2016

Myanmar’s opportunity: Investing in all its people, February 23, 2016


Cambodia: from poverty reduction to shared prosperity, November 5, 2015

An opportunity for East Asia in plunging oil prices, Feb. 3, 2015

Malaysia: From Developing Nation to Development Partner, January 28, 2015

Tracking Urbanization: How big data can drive policies to make cities work for the poor, January 27, 2015


Building for the Future: Mongolia’s Opportunity, December 11, 2014

Staying the Course on Structural Reforms, December 11, 2014

Improving Export Competitiveness Key to Southeast Asia’s Future Economic Success, December 3, 2014

Philippines: Mindanao's Unique Opportunity for a Just and Lasting Peace, November 10, 2014

Promoting inclusion in Chin State with CDD, May 26, 2014

Economic Development a Triumph of Working People in East Asia Pacific, May 28, 2014

Seizing the future: Energizing Green Cities, March 11, 2014


Global Lessons for Rebuilding Communities after ‘Yolanda’, December 20, 2013

A More Sustainable, Structural, and Equitable Approach to Sharing Mongolia’s Wealth, October 10, 2013

Pacific Islands Facing a Rising Tide, September 3, 2013

A Window of Opportunity to End Extreme Poverty and Boost Shared Prosperity by 2030, July 19, 2013

Laos and World Bank to End Poverty and Build Shared Prosperity, June 12, 2013

Financial Sector Part of Malaysia’s Success, June 4, 2013

Stepping up to Asia and the World, June 1, 2013

Vietnam Needs More High Quality Jobs, May 10, 2013

Six Decades of Partnership and Progress: Indonesia and the World Bank, April 7, 2013

Time to Turn on the Lights in Myanmar (with Karin Finkelston and Michel Wormser), February 6, 2013


  • Global Economy