Eugene Rotberg

Eugene Rotberg was an American lawyer and financial expert who served as the Treasurer of the World Bank from 1968 to 1987. He is widely recognized for his innovative approaches to international finance and for significantly expanding the World Bank's borrowing program.

Rotberg joined the World Bank after a career in the U.S. Treasury Department. As Treasurer, he transformed the institution's approach to funding, moving from a reliance on government-backed loans to tapping global capital markets. He is credited with pioneering the use of a variety of financial instruments, including the first global bond issue, to raise funds for development projects. This diversification of funding sources allowed the World Bank to significantly increase its lending capacity and impact.

Beyond his financial innovations, Rotberg was known for his sharp intellect, rigorous analysis, and outspoken personality. He was a frequent commentator on international finance and development issues. After leaving the World Bank, he continued to consult on financial matters and remained an active voice in the field. His contributions significantly shaped the landscape of international development finance and left a lasting legacy at the World Bank.