Ajay Banga appointed World Bank President for five-year term
Former Mastercard CEO, Ajay Banga, will take over as the first Asian president of the World Bank on June 2 from outgoing president David Malpass, confirmed the World Bank’s 25-member executive board on Wednesday. The Indian-born American executive, since his nomination for the presidency of the World Bank, is considered the global development lender’s “face […]