News
February 24, 2023
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FirstFT: Former Mastercard chief nominated as World Bank president

. Follow us on Twitter @FTFirstFT and join our Facebook group to stay up to date. This week, Joe Biden nominated former Mastercard chief executive Ajay Banga as World Bank president. The nomination comes as the US and other shareholder nations seek to expand the bank’s development remit to include the fight against global warming. […]

Economy
February 24, 2023
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Biden nominates former MasterCard chief Banga to head World Bank

President Joe Biden has nominated Indian-American business executive Ajay Banga to become the next president of the World Bank. Banga’s nomination is a major step towards diversifying the World Bank’s leadership and bringing together public and private resources to tackle urgent challenges such as climate change. Biden praised Banga’s experience in forging public-private partnerships and […]