Ajay Banga Is Chosen President Of The World Bank

Ajay Banga, a citizen of the United States, has been named as the only candidate for the position of the World Bank Group's next president, according to the board of executive directors of the organization.

Ajay Baanga, the former CEO of Mastercard, was chosen by the World Bank’s board of governors to lead the organization for a five-year term. Banga is an Indian-born financial and development expert who will restructure the bank to better address climate change and other global challenges. The 63-year-old Banga was the sole candidate to succeed … Continue reading Ajay Banga Is Chosen President Of The World Bank