Most Authentic News Portal
[ad_1] Banga’s selection was not unanimous. Russia, which had previously said it was considering putting forward its own candidate for the job but ultimately did not, abstained from the vote, said a person close to the selection process. A senior administration official said the board’s votes are “strictly confidential” but that Banga was “elected with…
[ad_1] Washington: Indian-American business leader Ajay Banga was on Wednesday appointed as the next President of the World Bank, which said it looks forward to working with him on the World Bank Group Evolution process. “The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year…
[ad_1] Washington: The World Bank has said that Indian-American Ajay Banga is the only candidate nominated for the President’s position as the nomination period closed on March 29. The World Bank announced that Ajay Banga will be considered for the position. In a press release issued on its website, the World Bank said, “The World…
[ad_1] Washington: Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is…
[ad_1] Washington: World Bank presidential nominee Ajay Banga has tested positive for COVID-19 during routine testing in New Delhi where he was travelling on the last leg of his world tour, and is currently quarantining in isolation, the Department of Treasury said Thursday. India is witnessing a spike in influenza and coronavirus cases in the past…
[ad_1] Washington: With US President Joe Biden nominating Ajay Banga, the former Indian American head of Mastercard, to head the World Bank, the top posts in the global financial institution will be held by Sikhs. Before Banga, who is slated to take up job – which, by convention, been reserved for a US citizen –…
[ad_1] Hyderabad: Ajaypal Singh Banga, who has been nominated by US President Joe Biden to lead the World Bank, is one of the illustrious alumni of Hyderabad Public School (HPS) who achieved top positions in their respective fields. The former Mastercard Chief Executive had his schooling at HPS in the 1970s when his father Harbhajan…
[ad_1] Washington: President Joe Biden on Thursday announced that the US is nominating Ajay Banga to lead the World Bank, saying the Indian-American business leader is uniquely equipped to lead the global institution at “this critical moment in history.” Banga, 63, currently serves as Vice Chairman at General Atlantic. Previously, he was President and CEO…
[ad_1] Ajay Banga, president and CEO of MasterCard, speaks during a press conference at the National Press Club, Dec. 17, 2018, in Washington, D.C. | Win McNamee/Getty Images President Joe Biden on Thursday nominated Ajay Banga, the former CEO of Mastercard, to lead the World Bank. Biden said in a statement that Banga is “uniquely…