Act as a CEO and get the entire World Bank Group house in order. The World Bank Group is a conglomerate with four balance sheets, three cultures, and four executive boards, plus a dispute ...

Politics. World Bank taps Banga as next leader The former Mastercard CEO will oversee the bank’s pivot as it aims to become a dominant player in climate finance.

The selection of former Mastercard CEO Ajay Banga to lead the World Bank is drawing plenty of praise. | Win McNamee/Getty Images. By Ben White and Zack Colman 02/23/2023 10:14 AM EST.

By World Bank’s measure, China is now within reach of attaining status as a high-income nation. India is the bank’s largest debtor and has been for more than a decade. Banga starts work on June 2.

Joe Biden nominates ex-MasterCard CEO Ajay Banga to head World Bank By . Reuters. Published Feb. 23, 2023. Updated Feb. 23, 2023, 1:51 p.m. ET. Explore More ...

Former Mastercard CEO Ajay Banga, an Indian army officer’s son with decades of corporate experience, has been confirmed to lead the World Bank for a five-year term that starts next month.

World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined with balance sheet changes could boost the bank's lending capacity by $100 billion ...

WASHINGTON — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Biden announced on Thursday, crediting him with critical experience on global ...

U.S. President Joe Biden nominated former Mastercard Inc CEO Ajay Banga to lead the World Bank, betting the India-born executive's ties to the private sector and emerging markets will jump-start ...