India-born Ajay Banga has been elected as the World Bank next president. A 25-member executive board elected the ex-Mastercard CEO who was nominated for the p
India-born Ajay Banga is set to become World Bank’s next chief unopposed. A former CEO of Mastercard, he is a veteran in the finance and banking sector. However, his appointment comes at a challenging time for the institution amid global inflation, the Ukraine war, and the threat of climate change