[ad_1]
Ajay Banga: Indian-American business leader Ajay Banga is set to become the next President of the World Bank. The date for making nominations for the post of President of the World Bank has ended on Wednesday, 29 March. And no country has proposed another alternative name for the new President of the World Bank. In such a situation, it has become clear that Ajay Banga will be elected unopposed as the President of the World Bank.
Ajay Banga, former CEO of MasterCard, was announced by US President Joe Biden while giving his support to his candidacy. Joe Biden had said that Ajay Banga is the most suitable person to lead this global organization. India has supported the candidature of Ajay Banga for the post of President of the World Bank. Jhay Banga is currently posted as the Vice Chairman of General Atlantic. The World Bank is about to announce its next step regarding the selection process and by the beginning of May, the final seal will be put on the name of Ajay Banga.
US Treasury Secretary Janet Yellen said that you will see a significant change in the World Bank in the next few months. We expect that Ajay Banga, who has been approved by President Biden, will be elected as the President of the World Bank. Yellen said, “He will have the responsibility to accelerate our progress while developing the institution to better address the challenges of the 21st century. This will help the World Bank meet the goals of poverty alleviation and development.”
If Ajay Banga’s name is approved, he will be the first person from the Indian-American and American Sikh community to head the World Bank. Ajay Banga will replace the current President of the World Bank, David Malpass, who is going to step down in June, almost a year before his term ends.
read this also
US Dollar: Preparing to give the biggest challenge to America by ending the supremacy of dollar!
[ad_2]
Source link