World Bank appoints Ajay Banga as president

Spread the love

Washington, May 3, 2023 -The World Bank on Wednesday confirmed the appointment of  Ajay Banga as its next president, taking charge at a pivotal time for the development lender as it looks to better address climate change.

“The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process,” the bank wrote in a statement published shortly after the board voted to approve his leadership for a five-year term. He will take over the role from David Malpass on June 2.  (AFP)

Leave a Reply

Your email address will not be published. Required fields are marked *