Financial Institution

Indian-origin Ajay Banga Is Next World Bank’s President

Indian-origin Ajay Banga Is Next World Bank’s President

The World Bank appointed ‘Ajay Banga’ as a new President. A 25-member execute board confirmed his name for the post on Wednesday after following a selection process agreed upon by shareholders in 2011. Banga, who is at 63 now, has worked for Mastercard as a CEO before this, and his term in the World Bank…