Tag: Ajay Banga

• Tuesday, April 1st 2025 - 10:24 UTC

  World Bank Chief due in Asunción after almost 50 years

  

  World Bank Group (WBG) President Ajay Banga is due in Asunción Tuesday for a historic visit to Paraguay, the first by a man in his position in nearly 50 years since Robert McNamara’s in 1976. Invited by Paraguayan President Santiago Peña, Banga aims to strengthen bilateral ties, focusing on sustainable development, job creation, and private investment.

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• Friday, February 24th 2023 - 10:14 UTC

  Biden picks Indian-American candidate to chair World Bank

  

  Former Mastercard CEO Ajay Banga has been picked by US President Joseph Biden to vie for chairman of the World Bank (WB), it was announced Thursday in Washington DC. Banga, 63, who was born and raised in India, has the indispensable experience to mobilize public and private resources to address the most urgent challenges of our time, including global warming, the White House explained through a statement.