Fri. Mar 29th, 2024
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365Telugu.com Online News, Hyderabad, February 24th, 2023:Ajay Banga has been appointed as the new president of the World Bank. He was nominated by US President Joe Biden. Ajay Banga previously served as CEO of MasterCard.

Former MasterCard CEO Ajay Banga has been appointed as the new president of the World Bank. The White House has given information to this extent. Former MasterCard CEO Ajay Banga has been nominated by US President Joe Biden as the President of the World Bank.

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The White House released this information. Last week, World Bank President David Malpass resigned from his post. Following this, a World Bank spokesperson said a new president could be chosen soon.

On the appointment of the new president, Joe Biden said that Ajay Banga is capable of leading the World Bank. He was awarded the Padma Shri in 2016. He is 63 years old. Ajay Banga is currently serving as the Vice Chairman of General Atlantic.