Indian-Origin Ajay Banga Confirmed As Next World Bank President – The World Bank confirmed that Ajay Banga had been appointed as its next president, he will enter his new role at a difficult time for the world economy, with slowing global growth and high-interest rates in many major economies.
- Banga previously directed the payments company Mastercard for over a decade between 2010 and 2021.
- He also served on the boards of the American Red Cross, Kraft Foods and Dow Inc.
- 63 years old Banga who was born into a Sikh family in India and is a naturalized US citizen.
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