David R. Bock, national of the United States, was born in 1943. He earned his Bachelor of Arts in philosophy in 1967 from the University of Washington and MPhil in economics from the University of Oxford in 1970 as a Rhodes Scholar. Bock worked for the management consulting firm McKinsey and Co. before joining the World Bank in February 1975 as a consultant in the Financial Analysis Division, Programming and Budgeting Department (PABFA). He rose to division chief of PABFA by 1977. After leaving to work forthe private sector in 1979, Bock returned to the Bank in January 1983 as division chief of Funding Strategy (FODFS) in the Financial Operations Department. By the end of the year, he was promoted to director of the Financial Policy and Analysis Department (FPADR), reporting to the recently established Office of Vice President, Financial Policy, Planning, and Budgeting (FPBVP). During this period, Bock oversaw the following activities:

• financial policy development, to address complex challenges and resource limits

• analysis of the Bank's financial policies and projections

• supporting the Office of the Senior Vice President, Finance (SVPFI) in IDA replenishment negotiations and IBRD capital increases

• evaluation of new initiatives and lending programs

• assessment and management of financial risk, and

• providing financial analysis support to the Operations Complex

From mid-1987, Director Bock headed the Debt Management & Financial Services Department (DFS) and briefly in 1989 led its successor,the Cofinancing and Financial Advisory Services Department (CFS). Reporting to the vice president, CFSVP, Bock's department was created to strengthen the Bank's capacity for debt management and improve services to operations and borrowers. In April 1990, Bock was appointed as director of the Operations Staff, Office of the Senior Vice President, Operations (OPNSV), which served as the front office overseeing operational priorities and resource management under Senior Vice President, Operations Moeen Qureshi. During this time, Bock was actively involved in managing the Bank's response and support to countries affected by the 1990 Gulf War and oil price crisis. He also served as a member of the Operations Committee, chaired by Qureshi. Following President Lewis T. Preston's re-organization in December 1991 that abolished all senior vice presidencies, Bock was appointed director in the Office of the Vice Presidency Sector and Operations Policy (OSPVP).

Bock left the Bank in 1992 to assume the role of managingdirector at Lehman Brothers and subsequently went on to lead several other private financial institutions.