President Joe Biden nominates Indian-American Ajay Banga to lead World Bank

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Former MasterCard CEO Ajay Banga has been nominated by US President Joe Biden to lead the World Bank after current CEO David Malpass announced his intention to step down early. Banga has "critical experience mobilizing public-private resources to tackle the most urgent challenges of our time, including climate change," said Biden in a statement. Banga is the first Indian-born nominee to the World Bank president role. Banga, who is currently the vice-chairman at private equity firm General Atlantic, has more than 30 years of business experience and has served in various roles at Mastercard and the boards of the American Red Cross, Kraft Foods and Dow Inc.

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Ajay Banga is a remarkable leader with exceptional skills. I worked directly for him at Mastercard as well as Citibank. Working for him he said, “Give me three years working for me and you can go anywhere after that and name your position and where you want to work.” I chose CFO of Deutsche Bank, which exactly 3 years later I joined. He had an outstanding track record as the CEO of Mastercard and his contributions to the global financial industry are unmatched. Ajay is respected and admired by everyone that worked with him. As the head of the World Bank, Ajay Banga's leadership will undoubtedly drive the organization towards achieving its mission of ending extreme poverty and promoting shared prosperity. Gerard Rotonda

gerardrotonda
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I saw his wikipedia. He has got a fantastic background. His older brother is an IIT and IIM alumni while his father was a decorated General in the Indian Army.

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OANGKAR AAD.
Dear Sir,
Congrats to mr.Ajay banga, being from a Sikh family, should have been Mr.Ajay Singh Banga.
Congrats once again.
G o d B l e s s Y o u.
Thanks
SS.

gurjeetkour
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Now difficult situation for begger Pakistan for getting loan

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