WASHINGTON, February 15. /TASS/. World Bank Group President David Malpass has announced his decision to resign from his position by June 30, the World Bank said in a press release on Wednesday.

"World Bank Group President David Malpass today informed the Board of Executive Directors of his intention to step down from his position by the end of the Bank Group’s fiscal year on June 30 after serving more than four years," the press release said.