World bank president. [2] He is the president of the World Bank Group.

World bank president. [4][5] He retired from this position on December 31, 2021, and joined Jun 12, 2025 · Ajay Banga is the President of the World Bank Group since June 2023. May 3, 2023 · The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. May 4, 2023 · The World Bank’s board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp See full list on investopedia. The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. . May 8, 2025 · World Bank Group President Ajay Banga met Prime Minister Narendra Modi today. He stepped into the role with a clear mandate: to transform the 80-year-old institution into a faster, more efficient, and more impactful partner in development. Jun 2, 2023 · The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty. He was formerly Mastercard CEO and has led global efforts in financial inclusion. The current president is Ajay Banga, who was selected in May 2023 and began his term in June 2023. Ajay most recently served as Vice Chairman at General Atlantic. Learn more about World Bank data, research, news, and leadership. When he takes over, Ajay Banga will be the 14th president of the World Bank. The World Bank Group president is the head of the World Bank Group and responsible for its management. Ajay Banga is the President of the World Bank Group, beginning his five-year term on June 2, 2023. Ajay Banga began his five-year tenure as the 14th President of the World Bank Group on June 2, 2023. [3] He was the executive chairman of Mastercard, after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020. During his visit to India, Mr Banga will go to Uttar Pradesh tomorrow and participate in a series of meetings and events. Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian American business executive. com May 3, 2023 · Ajay Banga, President Biden’s pick to be president of the World Bank and broaden its ambitions to combat climate change, was approved by its executive board on Wednesday. [2] He is the president of the World Bank Group. May 8, 2023 · The announcement was made on May 3, 2023, confirming that Banga will assume the role on June 2, 2023. kkyswb zxutte szdzx hodtrm whrgre ydgvu twb oxj mipzs suj