Banga, the first World Bank president from South Asia, takes over on June 2 from outgoing president David Malpass, who is stepping down early from a presidency clouded by questions over his ...

Malpass will step down from his role on June 1, 2023, and Banga will take over as the new World Bank President from June 2, 2023. Reportedly, ...

The World Bank is searching for a new president after the last one abruptly resigned. The position has traditionally gone to an American, but there could be international competition this time around.

Mr. Banga, who grew up in India, will be the first World Bank president from the developing world. And he says he is attuned to the urgency of the threats posed by a warming world.

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 job that oversees billions of ...

NEW DELHI: US President Joe Biden has nominated Indian-American business executive Ajay Banga to lead the World Bank.As a practice, the president of the World Bank is typically nominated by the ...

Biden gets chance to redefine World Bank role. David Malpass’ announcement that he will step down from his post opens the way for Biden to choose someone who embraces the new goal of ...

David Malpass, the embattled president of the World Bank, said on Wednesday that he would step down by June, roughly a year before his term expires. Mr. Malpass, ...

The president of the World Bank is resigning, a move likely to set off a fierce battle between the U.S. and countries who have complained about America's influence in global finances.

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 "face ...

The World Bank is searching for a new president after the last one abruptly resigned. The position has traditionally gone to an American, but there could be international competition this time around.