World Bank says its board elected US nominee Banga as next president

WASHINGTON, May 3 (Reuters) – The World Bank’s 25-member executive board on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2, ushering in an Indian-born finance and development expert charged with revamping the lender to tackle climate change and other global crises. Banga,…Read More

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