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Ajay Banga becomes first Indian-origin president of World Bank

1 min read
Source: CNN
Ajay Banga becomes first Indian-origin president of World Bank
Photo: CNN
TL;DR

Ajay Banga, former CEO of Mastercard, has been elected as the new president of the World Bank for a five-year term. He was nominated by US President Joe Biden and was the sole contender to replace David Malpass. Banga, an Indian-born finance and development expert, aims to revamp the lender to tackle climate change and other global crises. He will start his new job on June 2 and will play a critical role in pushing forward with additional reforms, including forging partnerships between the public and private sectors and nonprofit groups.

Topics:nationbusiness#ajay-banga#business#climate-change#global-challenges#poverty-reduction#world-bank
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  1. Indian American businessman Ajay Banga is the new president of the World Bank  CNN
  2. Biden pick Ajay Banga gets top World Bank job  BBC
  3. Indian-Origin Ajay Banga Confirmed As Next World Bank President  NDTV
  4. World Bank taps Banga as next leader  POLITICO
  5. Ajay Banga first Indian-origin man to head World Bank | Latest World News | English News | WION  WION

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