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Rich-poor split could tighten grip of poverty - Banga

The new head of the World Bank said today that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance ministers in India.
Business • 18 Jul 23

US expects Ajay Banga to be elected as World Bank chief

US Treasury Secretary Janet Yellen said today she expected the US nominee to head the World Bank, former Mastercard CEO Ajay Banga, to be elected as president of the multilateral development bank.
Business • 29 Mar 23

US to nominate former Mastercard CEO to lead World Bank

US President Joe Biden has said that Washington is nominating former Mastercard chief executive Ajay Banga as a candidate to lead the World Bank, after its current head announced plans to step down early.
Business • 23 Feb 23

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