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William Reid Thomson Joins the International Advisory Board Council of Global Bank

William Reid Thomson

William Thomson is a Senior Advisor to the President, Ron Nechemia, and Member of the International Advisory Board Council of Global Bank. He is ageopolitical analyst and international economist experienced in development and capital markets issues, with a longstanding and deep interest in Asian economic developments.

He was born in the United Kingdom at the outbreak of World War II and received a degree in Mathematics with first class honors from the University of Manchester. He moved to the United States in 1961 and subsequently received a M.S. in Aerospace Engineering from the University of Washington and an M.Phil. in International Economics from George Washington University in Washington D.C.

After working for as an analyst for NASA and defence contractors during the 1960s he moved to Legg Mason as an investment analyst and then the US Treasury to work on domestic and then international economic issues where he specialised on international financial institutions including the IMF, the World Bank and the regional development banks including the Asian and African Development Banks. He was resident for periods in Abidjan spending time of the Board and did the same in Manila before moving there permanently in 1985.

He was at the ADB from 1985-95, first on the Board and then as Vice President, where he was responsible for the bank's economic work and its lending policies in 30 borrowing countries at a time of rapid expansion of the lending activities and dynamic economic restructuring in the region as many more countries embarked on a process of regional and global integration. During this period the bank developed innovative modalities to support there structuring and expansion of activities in infrastructure, capital markets and the social sectors. Programs to China, Indochina and Central Asia began or were restarted and programs in other countries sharply expanded.

Subsequent to the ADB he was Senior Advisor to Franklin Templeton in Asia/Pacific dealing with central banks and governments from 1995 till 2008. In the wake of the Asian financial crisis he created the Siam Recovery Fund to invest in Thailand, and chaired that public fund from 1997 till 2005. He has also been a director of a number of financial services companies in Asia and has been Chairman of Hong Kong based Private Capital, a client focused, ethical asset management company since 2003. He writes frequently for clients and has been a regular columnist for Asia Asset Management for the past decade.

Mr. Thomson lives with his family in the United Kingdom, where he has been resident since 1998.

Release Date: 
Wednesday, October 22, 2014
Author/s: 
Global Bank Media Center

About GB-DRRRF
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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