Banga, a finance and development expert, will take over the role on June 2. He was the sole contender to replace departing World Bank chief David Malpass whose term ends early next month
Ajay Banga "is uniquely equipped to lead the World Bank at such a critical moment, and he's an exceptional candidate", Patel said during a press briefing on Friday.
The US nominee for World Bank President Ajay Banga, upon his arrival in New Delhi on Thursday, tested Covid positive and is now under quarantine as per the local guidelines. he has not met any Indian counterparts yet.
The US nominee for World Bank President Ajay Banga will visit New Delhi, India on March 23 and 24, capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America, and Asia.
During the global listening tour, he will travel to Africa, Asia, Latin America, and Europe in the coming weeks and engage with key World Bank shareholders.
The official Twitter handle of the ministry -- @FinMinIndia -- tweeted on Thursday, "Congratulations to Mr Ajay Banga on being nominated to lead @WorldBank. India supports Mr Banga's nomination and looks forward to his leadership of the @WorldBank."
While addressing weekly briefings, White House press secretary Karine Jean-Pierre said, "US nominated Ajay Banga to be president of the World Bank. President Biden himself said he is uniquely equipped to lead the world bank, he is a renowned business executive that has managed companies brin
Talking about Banga's nomination, USISPF President and CEO, Mukesh Aghi said "Ajay, is a tireless believer in both the strength of US-India ties and strengthening the relationship even further. Ajay has been instrumental in setting up USISPF as a founding board member and a vital pillar in o
Washington [USA]/Pune (Maharashtra) [India] July 11 (ANI/PRNewswire): Indiaspora, a nonprofit organization of global Indian diaspora leaders from various backgrounds and professions, released their inaugural list honoring executives of the Indian diaspora who are leading the largest globa
Mumbai (Maharashtra) [India], Dec 3 (ANI/NewsVoir): The Economic Times Awards for Corporate Excellence named Ajay Banga, President and Chief Executive Officer of Mastercard, as 'Global Indian of the Year'.