United States President Joe Biden on Thursday nominated 63-year-old Indian-American business leader Ajay Banga to lead the World Bank. Currently, Ajay Banga is with General Atlantic as its Vice President.
“Ajay is uniquely equipped to lead the World Bank at this important moment in history,” President Biden said in a statement.
Prior to this, Ajay Banga served as the President and CEO of Mastercard.
“For more than three decades, he has built and managed successful, global companies that create jobs and bring investment to developing economies, and guide organizations through periods of fundamental change,” the statement said. “
“She has a proven track record of partnering with global leaders around the world to manage people and systems and deliver results,” Biden said.
Banga was awarded the Padma Shri in 2016.
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