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USA | Mar 30, 2023

World Bank board to consider US nominee Banga as sole candidate for next leader

/ Our Today

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Ajay Banga, former CEO of MasterCard and nominee for president of the World Bank. (File Photo: REUTERS/Lucas Jackson)

WASHINGTON (Reuters)

The World Bank Group’s executive board said today (March 30) that it will consider only one nominee, US-backed former Mastercard executive Ajay Banga, to be the development lender’s next president, as no other candidates were nominated.

The bank’s board said in a statement that it will conduct a formal interview with Banga in Washington and expects to conclude its selection process “in due course”.

READ: Biden nominates former MasterCard CEO Ajay Banga to head World Bank

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World Bank board to consider US nominee Banga as sole candidate for next leader

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What To Read Next

Professor helps high-altitude Chinese communities grow fresh vegetables year-round

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JFJ wants to see changes to Child Diversion Act

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