First ever Indian-American to head World Bank | Sunday Observer

First ever Indian-American to head World Bank

7 May, 2023

Ajay Banga has been appointed as the next President of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it’s tackling the toughest development challenges facing developing countries.

“The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023,” a media release from the bank stated.

- deccanherald.com

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