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Ajay Banga can be the next President of World Bank
US President Joe Biden has nominated
David Malpass resigned last week
New Delhi. US President Joe Biden on Thursday nominated former Mastercard CEO Ajay Banga to head the World Bank. He is currently the Vice Chairman of General Atlantic, one of the world’s largest private equity firms. Right now David Malpass is handling the command of the World Bank.
Malpas had announced a few days back that he would step down prematurely in the coming June. Malpas’ tenure of 5 years would end in April 2024. On the appointment of the new president, the US President said that Banga has a lot of experience in many important challenges of the world, including climate change, in view of which the US has decided to nominate his name.
President Joe Biden has announced that the United States is nominating former CEO of Mastercard Ajay Banga to be President of the World Bank: The White House
(File photo) pic.twitter.com/C7eEnn3w4R
— ANI (@ANI) February 23, 2023
First read breaking news in Hindi News18 Hindi| Read today’s latest news, live news updates, most reliable Hindi news website News18 Hindi.
Tags: Joe Biden, US President, US President Joe Biden, World bank
FIRST PUBLISHED : February 23, 2023, 21:59 IST
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