ajay banga

Former chief executive officer (CEO) of Mastercard ajay banga has been nominated by the United States to to lead the World Bank, President Joe Biden announced on Thursday. Indian-origin Banga is currently the vice-chairman at private equity firm General Atlantic.

India on Thursday extended support to the candidature of ajay banga as World Bank President, saying his nomination comes at a time when the multilateral lending agency is considering next-generation reforms.

The World Bank on Wednesday confirmed that Indian-American ajay banga will be its next president.Banga will be taking charge at a pivotal time for the development lender as it looks to better address climate change."The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process," the bank wrote in a statement published shortly after the board voted to approve his leadership for a five-year term.

Indian-American ajay banga has been appointed to a key 'Board of peace' tasked with Gaza's redevelopment under a US-led initiative. The executive board, featuring prominent figures like Jared Kushner and Tony Blair, will focus on critical areas such as reconstruction, investment, and regional relations to ensure Gaza's long-term stability and success.

An entirely India-educated financial pundit climbed a world corporate pinnacle on Monday with MasterCard Inc naming Pune-born, Delhi-educated, IIM-Ahmedabad alum ajay banga as its CEO.

Electronic payment services provider MasterCard's CEO-designate ajay banga today said India is an important market with enormous opportunities for the company.

Indian-American ajay banga on Friday took over as the president of the World Bank, making him the first person of colour to head either of the two global financial institutions, the World Bank and the International Monetary Fund. On May 3, the executive directors of the World Bank selected Banga, 63, as the 14th president of the World Bank for a five-year term.

ajay banga will assume his responsibilities at General Atlantic, which includes advising on strategic matters, its investment teams and its portfolio, from January 1 next year.

World Bank President ajay banga told India that the agency can't interfere in the Indus Water Treaty, which India has paused amidst tensions with Pakistan. Banga clarified the World Bank's role is limited to facilitating dispute resolution through neutral experts or arbitrators, as per the treaty's provisions. He met with PM Modi and Finance Minister Sitharaman to discuss the matter.

ajay banga, an Indian-American businessman, is most likely to become the next President of the World Bank as the deadline for nominations expired with no alternative proposals. Banga, who served as the former chief of Mastercard Inc. and Vice Chairman at General Atlantic, is expected to replace the current president, David Malpass, who will step down in June.

Mastercard’s Indian-American president and CEO ajay banga will step down from his role and assume charge as executive chairman of the board of directors. The payments giant announced Michael Miebach as the new CEO.

PepsiCo's outgoing CEO Indra Nooyi and MasterCard's chief executive ajay banga were among a small group of top corporate leaders hosted by US President Donald Trump for a dinner at his private golf club in New Jersey to hear their perspective on the state of the country's economy.

US President Joe Biden is nominating former Mastercard CEO, India-born ajay banga, to be head the World Bank, the White House announced on Thursday. Banga, who was born in Pune cantonment (Khadki) and whose father Harbhajan Singh Banga is a retired lieutenant-general who served in the Indian Army, will succeed David Malpass, who announced earlier this month that he intends to resign four years into his five-year term.

US President Barack Obama has announced he will appoint top Indian-American CEO ajay banga to a key administration position.

World Bank President ajay banga commended India's robust growth, highlighting its domestic market-driven momentum despite global challenges. He emphasized improving life quality aspects like air and water. Managing Director Anna Bjerde noted efforts to transform growth into job creation, enhance urban livability, and increase female workforce participation.

Indian-American businessman ajay banga is set to become the new President of the World Bank, succeeding David Malpass. Being the sole applicant, Banga is "uniquely equipped" and an "exceptional candidate" to lead the global institution in tackling emerging and dynamic issues like climate change and health challenges, stated the US State Department Principal Deputy Spokesperson, Vedant Patel.

ajay banga, the president of the World Bank, has been named by a prestigious philanthropic organisation to its annual 'Great Immigrants' list of honourees who have enriched and strengthened America and its democracy through their contributions and actions. He is the first-ever Indian American to lead the institution and the only honouree from India in this year's list of ‘Great Immigrants'.

World Bank President ajay banga has outlined steps to make the agency more focused on output and expand its capital base. These measures would allow the World Bank to provide an additional $150 billion in support over 10 years. The World Bank will also seek shareholder approval to expand its mandate to include combating climate change and addressing other public goods.

Global payment firm MasterCard has roped in Citigroup's ajay banga as its new president and chief operating officer (COO), while indicating that the Indian banker could be its next CEO in about a year.

World Bank President ajay banga met Uttar Pradesh Chief Minister in the state's capital on Friday. The World Bank chief is on day-long visit to Lucknow to attend a host of meetings and events.

ajay banga is on his way to becoming the next president of the World Bank. Banga is distinguished in many ways. Fortune magazine names him one of the most influential business leaders of today. While he was CEO, he enhanced the market cap of MasterCard from $30 billion to $240 billion.

MasterCard's India-born CEO ajay banga and ICICI Bank chief Chanda Kochhar have been named by Fortune magazine among the '2012 Businesspersons of the Year', an annual ranking of 50 global leaders who are "the best in business".

ajay banga, US President Joe Biden’s candidate for the World Bank’s chief, is a pragmatic choice for a role that balances the West’s demand for strident environmental action and the developing world’s aspirations to grow out of poverty. Banga, as the former head of the second-largest payment company, has sufficient experience in playing the balancing role. H