Africa Matters

Who is Ajay Banga, the next president of the World Bank?

Summary 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 climate stance. Washington. 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…

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