Baku 6° C
World Bank confirms Ajay Banga as next president
Finance
- 03 May, 2023
- 16:28
Indian-American business executive Ajay Banga was selected on Wednesday as the World Bank's new president, Report informs, citing The National.
"The board looks forward to working with Mr. Banga on the World Bank Group Evolution process," the board said in a statement after the vote.
The selection by the World Bank's 25-member board followed a four-hour meeting on Monday with the former MasterCard chief executive.
He will be the first Indian American to lead the organization.
Author
Latest News
13:47
Ukrainian forces strike chemical plant in Russia's Smolensk
Other countries13:25
Head of France's Versailles Palace to take over Louvre
Other countries13:12
Procedure for determining Azerbaijani citizenship changed
Domestic policy13:01
Photo
Anniversary of Khojaly tragedy marked in Bucharest
Domestic policy12:55
Religious confessions in Azerbaijan issue statement on Khojaly genocide anniversary
Religion12:43
Azerbaijan preparing for another conference on cyber diplomacy
ICT12:34
Ombudsman's 2025 report submitted to Azerbaijan's parliament
Milli Majlis12:34
Cloud solutions identified as main cybersecurity challenge in Azerbaijan
ICT12:17