Michael Krake serves as the World Bank Group Executive Director for Germany since April 2022. Prior to joining the WBG Board, Mr. Krake held leadership positions in the German Federal Ministry for Economic Cooperation and Development (BMZ) as Deputy Director-General for Sustainable Supply Chains, Food and Rural Development; Director-General for Global Health, Private Sector, Trade and Rural Development; and Deputy Director-General for Private Sector, Trade, Employment and Digital Technologies.
He also served as BMZ’s main focal point for cooperation with the International Labour Organization and the United Nations Industrial Development Organization. Mr. Krake spearheaded the team for Germany’s contribution to the WBG’s World Development Reports from 2019 to 2021. He is a seasoned economist specialized in international cooperation and development with over 20 years of experience in public policy, diplomacy, and the private sector. Mr. Krake serves on the Committee on Development Effectiveness (CODE) and is a member of the Budget Committee (BC).
He attended university in Bonn (Germany) and in New York (U.S.A.), and is a graduate economist.