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Ajay Banga was born on November 10, 1959, into a Punjabi Sikh Saini [15] family, in Khadki, Bombay State (now Khadki, Maharashtra), where his father, an army officer, was posted. [16] [17] His family is originally from Jalandhar, Punjab. His father, Harbhajan Singh Banga, is a retired lieutenant-general who served in the Indian Army. [18]
Name Term Nationality Background Notes 1 Eugene Meyer: June 18, 1946 – December 18, 1946 United States Investor and publisher of The Washington Post; Chairman of the U.S. Federal Reserve: First World Bank Group president 2 John J. McCloy: March 17, 1947 – June 30, 1949 United States U.S. Assistant Secretary of War during World War II
In 2023, a new president was appointed: Ajay Banga. His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action. [9] He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. [9]
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Ajay Banga, president and CEO of MasterCard; Mahaboob Ben Ali (1927–2009), co-founder of Ben's Chili Bowl; Manoj Bhargava, founder and CEO of Innovations Ventures LLC; the company is known for producing the 5-hour Energy drink; Aneel Bhusri, co-founder and CEO of Workday, Inc.; partner at Greylock Partners; member of the board of directors of ...
Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial remarks that seemed to doubt the science of climate change. Many ...
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Ajay Banga is President of the World Bank Group. Ajay Banga , Indian-born American business executive. He is currently the president of the World Bank Group and was before that executive chairman of Mastercard , after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020