Articles for Bank Ajay

Indian-origin Ajay Banga becomes next World Bank president | Details
1 year, 7 months ago

Indian-origin Ajay Banga becomes next World Bank president | Details

India TV News  

Indian-American business leader Ajay Banga became president of the World Bank on Wednesday. "The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. "The Board looks forward to working with Mr. Banga on the World Bank Group Evolution …

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Ajay Banga: All About Indian-origin Ex-Mastercard CEO Set to Become World Bank Chief
1 year, 8 months ago

Ajay Banga: All About Indian-origin Ex-Mastercard CEO Set to Become World Bank Chief

News 18  

US nominee to lead the World Bank, Ajay Banga, is set to win the election of the lender’s next chief with no challengers emerging as the nomination period closed. Banga has more than 30 years of business experience, having served in various roles at Mastercard and the boards of the American Red Cross, Kraft Foods and Dow Inc. Ajay has …

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Indian-Origin Ajay Banga Set to Become World Bank's Next President Unopposed
1 year, 8 months ago

Indian-Origin Ajay Banga Set to Become World Bank's Next President Unopposed

News 18  

Ajay Banga, the US nominee to lead the World Bank, appears almost certain to become the lender’s next president after the nominations closed on Wednesday with no other country proposing an alternate candidate. The World Bank had opened the nomination period late last month, saying at the time that its board would conduct formal interviews of the top contenders after …

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China's Backing for Indian-American Ajay Banga to Head World Bank Doubtful
1 year, 9 months ago

China's Backing for Indian-American Ajay Banga to Head World Bank Doubtful

News 18  

China on Wednesday sounded doubtful about backing Indian-American business leader Ajay Banga to lead the World Bank, saying it is “open” to supporting ”other potential candidates” based on merit. Asked whether China will back Banga, Chinese Foreign Ministry spokesman Wang Wenbin told a media briefing here that “we have noted the candidate nominated by the US side and are open …

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US Pick for World Bank Ajay Banga Says 'Emission Heavy' Growth Model Outdated
1 year, 9 months ago

US Pick for World Bank Ajay Banga Says 'Emission Heavy' Growth Model Outdated

News 18  

The United States’ candidate to head the World Bank, Ajay Banga, on Wednesday called for a revamp of the development model to better meet the challenge of climate change. The 63-year-old Indian American was last month nominated by US President Joe Biden to head the global lender after its current chief David Malpass announced plans to step down early. The …

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