Banga

The World Bank has confirmed that Ajay Banga will be its next president. “The Board looks forward to working with Banga on the World Bank Group Evolution process,” the development lender wrote in a statement published shortly after…

The World Bank’s 25-member executive board on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2, the bank said, ushering in an Indian-born finance and development expert charged with…

Finance minister Nirmala Sitharaman on Thursday exuded confidence that the incoming World Bank President Ajay Banga will utilise his corporate world experience in pursuing the goals of the multilateral lending agency. Banga, 63, will take…

Indian-American business leader Ajay Banga is poised to become the next President of the World Bank which has said he is the sole nominee for the post as no other candidates were nominated. File | Photo Credit: Reuters Indian-American…

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The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global challenges including climate change. The news comes days…

Washington — President Biden will nominate Ajay Banga, the former president and CEO of Mastercard, to serve as president of the World Bank, the White House announced Thursday.Banga is currently the vice chairman of General Atlantic,…

At least 68 people have died after a suspension bridge collapsed in India, sending people tumbling into the River Macchu in Morbi town.Authorities said nearly 500 people including women and children were celebrating a religious festival on…