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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 fourteenth and current World Bank Group president is Ajay Banga, who was selected on May 3 and began his term on June 2, 2023. [ 3 ] List of World Bank Group presidents
He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva, then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change". [9] In 2023, a new president was appointed: Ajay Banga. His term began on 2 June 2023.
WASHINGTON (Reuters) -World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to ...
World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank's balance sheet and help countries tackle climate change and other challenges, but said a capital increase would ...
There was no shortage of stressors to the global economy when Ajay Banga took charge at the World Bank almost a year ago: inflation eating at nations drowning in debt, a once-in-a-generation ...
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 ...
World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need training to help them move and adapt to climate change as he visited the frontline of ...