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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-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the 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.
The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purposes of economic development. [6] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
World Bank President Ajay Banga said in a statement that IDA will be able to stretch the new pledges further because of work done to optimize the development lender's balance sheet over the past ...
The GCEW released its final report in October 2024. [6] In addition, he is co-chair of the High-Level Advisory Council on Jobs, established by the World Bank Group in July 2024. [7] He is also a member of the Board of Trustees of the World Economic Forum (WEF), an advisory board that helps shape the strategic directions of the WEF.
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 ...
WASHINGTON (Reuters) -U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior ...
The chief economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the bank's overall international development strategy and economic research agenda, at global, regional and country levels.