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Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president.worldbankgroup.org. The president of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
An indirect presidential election was held on 16 April 2012 to choose a new president of the World Bank Group to replace Robert Zoellick, whose term expired in June.Although the organisation has always had presidents from, and nominated by, the United States, this election featured the nomination of two non-United States candidates for the first time, originating, respectively, from Nigeria ...
David Robert Malpass (born March 8, 1956 [1]) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and ...
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [ 5 ] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association ...
September 6, 2024 at 11:00 AM. By Kirsty Needham. FUNAFUTI, Tuvalu (Reuters) - World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need training ...
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
Ivanka Trump is one of the names being considered to replace outgoing World Bank President Jim Yong Kim, the Financial Times reported Friday.
The Biden administration is reportedly considering replacing World Bank President David Malpass, appointed by President Donald Trump in 2019, for his reluctance to accept the science of climate ...