Ajay Banga is the sole nominee for President role, confirms World Bank
- The World Bank Group’s executive board said that it will consider only one nominee, US-backed former Mastercard CEO Ajay Banga, to be the next president of the institution, as no other candidates were nominated.
- On February 23, US President Biden announced that the US was nominating Ajay Banga, a business leader with extensive experience leading successful organizations in developing countries, to be President of the World Bank.
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