US nominates Ajay Banga for World Bank president
The Business Guardian|February 24, 2023
US President Joe Biden on Thursday (local time) nominated former Mastercard CEO Ajay Banga to lead the World Bank.
US nominates Ajay Banga for World Bank president

"Ajay is uniquely equipped to lead the World Bank at this critical moment in history. He has spent more than three decades building and managing successful, global companies that create jobs and bring investment to developing economies, and guiding organizations through periods of fundamental change. He has a proven track record managing people and systems, and partnering with global leaders around the world to deliver results," read Biden's statement. Banga, a business leader with extensive experience leading successful organizations in developing countries and forging public-private partnerships to address financial inclusion and climate change, is to be President of the World Bank.

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