Ajay Banga Nominated to lead World Bank
Mr. Ajay Banga has been named President of the World Bank. In a recent post, the Ministry of Finance stated, “India supports Mr Banga’s nomination and looks forward to his leadership of the World Bank.”
Mr Banga brings with him unique and broad expertise in the financial and technological sectors, as well as extensive experience guiding large organizations that have invested and created jobs in Developing Economies and in mobilizing resources on a large scale.
Mr. Banga’s extensive experience will serve him well at a time when the Bank is considering next-generation reforms to deliver on its ambitious agenda to reduce poverty, expand prosperity, and address the world’s most pressing challenges.