Indian Origin Ajay Banga, Former Mastercard CEO, To Be Next World Bank President.

  • On 23 February, Former Mastercard CEO Ajay Banga has been nominated by the US to become the President of the World Bank.
  • US President Joe Biden announced this. Currently, the President of the World Bank is David Malpass.
  • The 63-year-old Ajay Banga is an Indian-American and currently serves as the Vice Chairman at equity firm General Atlantic.
  • He was previously the Chief Executive Officer at Mastercard.
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