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Statement by Global Bank Group’s President Ron Nechemia Congratulating the Majesties King Charles and Queen Camilla on Their Coronation

Congratulated Britain's New Monarch King Charles on the Accession to the Throne

Newport Beach, CA – May 6, 2023 — “On behalf of the Global Bank Group and myself, I extend my sincere congratulation to their Majesties, King Charles and Queen Camilla, the Royal Family, the people of the United Kingdom and the people of the Commonwealth, on the accession of their coronation: May their reign be a symbol of stability, rejuvenation and transformation to the rest of the world,” said Ron Nechemia, President of the Global Bank Group.

In this message, Ron Nechemia expresses his highest consideration to His Majesty the King and the Queen. He extends his congratulations to the people of the United Kingdom and the Commonwealth.

The President also hopes that relations between the Global Bank Group and the United Kingdom will continue to develop and flourish based on democratic values and the existing framework of cooperation and according to the Organization’s charter,

King Charles III pledges “lifelong service.”
His Majesty The King’s championing and advocating matters related to the climate crisis and sustainable development has been a beacon of hope and inspiration for millions across the globe.

Global Bank Group’s President Ron Nechemia said, “I respect and appreciate His Majesty King Charles’s vast experience to promote understanding and human dignity and his tireless efforts to promote economic and social development.

On this occasion, Ron Nechemia, the President of the Global Bank Group, stresses the extremely important role played by the determination with which the United Kingdom is contributing to the Global Bank’s action in all the priority areas of activity of the international community.

“I look forward to deepening the special relationship between Global Bank Group and His Majesty The King and working in close cooperation on global issues, including poverty elevation, public health emergencies and climate change and the post-war reconstruction of Ukraine,” President Ron Nechemia said.

Expanding Bilateral Cooperation
President Ron Nechemia said he wants to “expand bilateral cooperation” on a wide range of issues, including energy and climate change and the post-war reconstruction of Ukraine. The scale and the scope of the challenge posed by climate change, energy crisis and pandemics will test global bilateral cooperation like nothing seen before. In the year ahead, Global Bank Group looks forward to capitalizing on increased person-to-person engagement, both at senior levels and between the Global Bank Group and the government of the United Kingdom, and to energize our partnership and deepen the bilateral relationship. This engagement includes building the Mission of Global Bank to the United Kingdom –– a Global Bank-wide integrated team that coordinates and implements policy across issues and regions, working together to solve great challenges, which the world expects from great institutions.

Ron Nechemia, the Global Bank Group President, said, “Long Live The King.”

Release Date: 
Saturday, May 6, 2023
Ron Nechemia

The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (GB-DRRRF) (), established in 2017, is a multi-donor partnership and grant-making financing mechanism. Its purpose is mainstreaming climate change into development to help achieve the Sendai Framework targets by 2030 - a decade-long plan to help make the world safer from disasters caused by natural hazards — and to support the implementation of the Global Climate Agreement in Paris, and prevent disasters undermining progress on the Sustainable Development Goals. The rapid and flexible support offered by the Global Bank Disaster Risk Reduction and Reconstruction Fund makes it a central pillar of the Global Bank Group agencies’ humanitarian response architecture.

More detailed information can be found on the GB-DRRRF’s website http://www.gbdrrrf.org/

About Global Bank

Global Bank Group

Global Bank is the Global Bank Group’s long-term sovereign lending institution. As a development bank with an agenda driven by G-7 and G-20 priorities, its leading priority is to promote global economic and social development.

Global Bank is one of five institutions that comprise the Global Bank Group. The Bank is the part of the Global Bank Group that works with developed and developing countries, particularly the least developed countries (LDCs), to promote sustainable, equitable and job-creating growth, reduce poverty and address regional and global importance issues.

For information about the Global Bank, please visit http://www.global-bank.org

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