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CEO of the World Bank; Vice-President of the European Commission and European Commissioner for Budget and Human Resources in the Juncker Commission, European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response in the Barroso Commission: First woman to serve as interim World Bank Group president First World Bank ...
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian American business executive. [2] He is the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
Policymakers around the globe should not react in haste to announcements by U.S. President Donald Trump's administration, and be prepared to argue their case, World Bank President Ajay Banga told ...
Georgieva speaking at the 2024 World Economic Forum. Kristalina Ivanova Georgieva-Kinova (Bulgarian: Кристалина Иванова Георгиева-Кинова; née Georgieva; born 13 August 1953) [1] is a Bulgarian economist serving as the 12th managing director of the International Monetary Fund since 2019, and the first person from an emerging market economy to lead the institution.
Before Malpass became president, his son Robert had joined the International Finance Corporation (IFC), a branch of the World Bank Group that lends money to private sector businesses and whose USD 5.5 billion funding from a USD 13 billion World Bank capital increase was secured by the US Treasury at the time that David Malpass was the Treasury ...
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
The president oversees the IDA's overall direction and daily operations. [16] As of May 2024, Ajay Banga serves as the President of the World Bank Group. [17] The association and IBRD operate with a staff of approximately 10,000 employees. [18] The IDA is evaluated by the Bank's Independent Evaluation Group.