Biden nominates Ajay Banga to lead World Bank
The US will put forward Ajay Banga, the former chief executive of Mastercard, as its candidate for president of the World Bank Group.
Banga would succeed David Malpass, who began a five-year term in April 2019, and announced on February 15 this year that he would leave office by June 30.
Media reports tied his resignation to statements in which he seemed uncertain whether human activity caused climate change.
In a White House statement, US president Joe Biden said Banga had “critical
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on People
People: January to March 2023
A round-up of central bankers in the news and on the move during the past three months
SNB’s Maechler to take deputy role at BIS
Senior Swiss official will replace Luis Awazu Pereira da Silva as deputy general manager
PBoC leadership faces multiple challenges
Yi Gang’s staying on as governor will only ease some of the pressures, writes Hui Feng
Yi Gang stays on as China’s central bank governor
Beijing’s surprise decision sends stabilising signal for the economy, analysts say
BoJ maintains monetary easing at Kuroda’s final policy meeting
Ueda confirmed as next governor as pressure grows to abandon yield curve control
Russia may nominate candidate for World Bank president
Experts think move is meant to embarrass US
Chicago Fed used search firm that employed Goolsbee’s wife
Board says it was aware of Robin Goolsbee’s employment
Australian treasurer welcomes chance to ‘refresh’ RBA board
Chalmers does not recommit to extending Philip Lowe’s term as governor