4:30-5:15 pm
Yorktown
Does the World Bank have the structure to cope with global
turmoil? If not, what should be done?
Stuart G. Hoffman, presiding
Senior Vice President and Chief Economist
PNC Bank Corp
Gary Perlin
Senior Vice President and Chief Financial Officer
The World Bank
Gary Perlin is currently Senior Vice President and Chief Financial Officer of the World Bank, a position he assumed in February 1999. He has overall responsibility for the financial management of IBRD and IDA, including Controller's, Financial Policy and Risk Management, and Treasurer's. He also chairs the Asset and Liability Management Committee and the Pension Finance Committee.
Mr. Perlin was formerly Vice President and Treasurer of the World Bank, where he was responsible for managing risks and returns on the Bank?s $200 billion balance sheet, including investment assets of $40 billion and annual borrowings and swaps of over $20 billion. Prior to that Mr. Perlin was the Director of the Financial Sector Development Department which was established in 1993 to provide leadership to the Bank?s work in promoting sound financial intermediation in its borrowing countries.
Mr. Perlin rejoined the World Bank in 1993 after a 15-year hiatus, having begun his career there in 1975-78. In the interim, he spent 4 years on Wall Street and over 11 years at Fannie Mae, the Washington-based Federal National Mortgage Association. For 8 years he served as Sr. Vice President - Finance and Treasurer of Fannie Mae, directing a capital markets borrowing and risk management program of over $200 billion per year.
A U.S. national, Mr. Perlin was educated at the Georgetown University School of Foreign Service (B.S.F.S., International Affairs), the London School of Economics (M.Sc., Economics), and Princeton University?s Woodrow Wilson School of Public and International Affairs (M.P.A., Economics and Public Policy).