Ajay Banga, confirmed Wednesday as the World Bank’s next president, is an Indian-born American executive who has been hailed by media in his birth country as the global development lender’s ...

Indian-born Ajay Banga has made history by being voted the next president of the World Bank, after being nominated for the role by US President Biden more than two months ago. He will be the first ...

ABIDJAN, Ivory Coast -- The African Development Bank elected Mauritanian economist Sidi Ould Tah as its next president on ...

Mr Malpass said that serving as World Bank president had been an “enormous honour and privilege” and that he was proud of his accomplishments. Financing, “including climate financing”, had ...

World Bank President David Malpass announced Wednesday his plan to step down in June, nearly a year before the end of his five-year term, following a recent controversy over climate change ...

Qatar Airways Ex-Mastercard boss Ajay Banga was elected to lead the World Bank by former president Joe Biden. He replaced David Malpass, a Trump pick from his first administration, who had angered ...

By David Gelles Gelles questioned the World Bank president about his views on climate change at a live event in New York in September. Feb. 15, 2023 David Malpass, the embattled president of the ...

WASHINGTON, Feb 22 (Reuters) - The World Bank on Wednesday said it expects to select a new president by early May to replace David Malpass, who announced his resignation last week, leaving open a ...

Both outlasted the collective international monetary system, which ended under President Nixon in the 1970s. The World Bank and the IMF are headquartered in Washington, D.C. The World Bank and its ...