WASHINGTON, November 23, 2016—World Bank Group President Jim Yong Kim today released the following statement on the death of Pakistan’s former Acting Prime Minister and long-time World Bank Group executive Moeen Qureshi.
“On behalf of the many World Bank Group staff who still recall Moeen Qureshi with great fondness and respect, I would like to express our deepest sympathy to his family and to the people of Pakistan.
Moeen Qureshi is remembered by his friends and former colleagues at the World Bank Group as a towering figure in the organization, with a sharp intellect and quick wit. During his tenure at the Bank from 1970 to 1991, Mr. Qureshi served in many important roles, including as Executive Vice President and CEO of the International Finance Corporation (IFC), and as Vice President and Senior Vice President for Finance of the World Bank. In his last position at the Bank, Mr. Qureshi had the number two slot at the time, Senior Vice President for Operations, in which he oversaw all regional lending programs. Prior to joining the Bank, Mr. Qureshi had a distinguished career at the International Monetary Fund.
After leaving the Bank, Mr. Qureshi in 1993 was Acting Prime Minister of Pakistan, where over a brief period he helped institute a remarkable number of important reforms to help stabilize the economy and increase accountability. He then oversaw the political process that saw a democratic and peaceful transition of power.
As he was leaving the Bank in 1991, Mr. Qureshi participated in a World Bank Oral History interview to capture his many observations as a person who served in senior positions across the Bretton Woods organizations. His brilliance, charm, and strong commitment to development practically leap off the page.
We mourn his loss.”