Ajay Banga Becomes 14th President of World Bank
TL;DR Summary
Ajay Banga has been selected as the 14th President of the World Bank for a five-year term beginning June 2, 2023. He most recently served as Vice Chairman at General Atlantic and was previously President and CEO of Mastercard. The selection process was open, merit-based, and transparent, and included thorough due diligence and a comprehensive interview of Mr. Banga by the Executive Directors. The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process and on all the World Bank Group’s ambitions and efforts aimed at tackling the toughest development challenges facing developing countries.
- Ajay Banga Selected 14th President of the World Bank World Bank Group
- Ajay Banga Confirmed as World Bank Leader The New York Times
- World Bank elects US nominee Ajay Banga as president Al Jazeera English
- Biden congratulates World Bank pick on approval by governors The Hill
- World Bank board elects US nominee Ajay Banga as president Reuters
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