Alden Winship Clausen (born February 17, 1923) is a former President of the World Bank. February 17 is the 48th day of the year in the Gregorian calendar. ... 1923 was a common year starting on Monday (link will take you to calendar). ... Logo of the World Bank The International Bank for Reconstruction and Development (IBRD, in Romance languages: BIRD), better known as the World Bank, is an international organization whose original mission was to finance the reconstruction of nations devastated by WWII. Now, its mission has expanded to fight poverty by means...

He was born in Hamilton, Illinois to a family of German ancestry and graduated from Carthage College in 1944 with a BA, again in 1970 with a LLD, from the University of Minnesota in 1949 with a LLB and from Harvard University’s Advanced Management Program in 1966. Hamilton is a city located in Hancock County, Illinois. ... Carthage College Missing image Carthage logo Carthage College is a private college of the liberal arts and sciences, affiliated with the Evangelical Lutheran Church in America. ... 1944 was a leap year starting on Saturday (link will take you to calendar). ... A Bachelor of Arts (B.A. or A.B., from the Latin Artium Baccalaureus) is an undergraduate academic degree awarded for a course or program in the arts and/or sciences. ... 1970 was a common year starting on Thursday. ... Legum Doctor (English: Doctor of Laws; abbreviated to LL.D.) In the UK and Canada the LL.D. is a doctorate usually awarded on the basis of exceptionally insightful and distinctive publications, containing significant and original contributions to the science or study of law. ... Affectionately referred to by locals as the U or U of M, The University of Minnesota is a large university with several campuses spread throughout the U.S. state of Minnesota. ... 1949 is a common year starting on Saturday. ... The degree of Bachelor of Laws is the principal academic degree in law in most common law countries. ... Harvard University is a private university in Cambridge, Massachusetts, USA, and a member of the Ivy League. ... 1966 was a common year starting on Saturday (link goes to calendar) // Events January January 1 - In a coup, Colonel Jean-Bédel Bokassa ousts president David Dacko and takes over the Central African Republic. ...

Clausen was certified to practice law after graduating from the University of Minnesota, but instead he got a job at the Bank of America. He became Vice President in 1961, Senior Vice President in 1965, Executive Vice President in 1968, Vice Chairman of the Board in 1969, President and CEO in 1970, Chairman and CEO in 1986 and Chairman of the Executive Committee since 1990. In 1981 he was appointed President of the World Bank. During his time at the bank he helped it grow to be the biggest commercial bank in the United States. He was replaced by Barber Conable in 1986. Clausen is a member of the Advisor Council of SRI International and was on the Board of Governors of United Way. Bank of America (BofA) (NYSE: BAC), based in Charlotte, North Carolina, is the third largest bank in the United States of America, measured in assets. ... Barber Benjamin Conable, Jr. ...

The A.W. Clausen Center for World Business is named in his honour.

External links

• Biography of Alden Winship Clausen (website)

Robert McNamara in 1964 Robert Strange McNamara (born June 9, 1916), American was a businessman, politician, and United States Secretary of Defense from 1961 to 1968. ... Logo of the World Bank The International Bank for Reconstruction and Development (IBRD, in Romance languages: BIRD), better known as the World Bank, is an international organization whose original mission was to finance the reconstruction of nations devastated by WWII. Now, its mission has expanded to fight poverty by means... Barber Benjamin Conable, Jr. ...