 "Ajay Banga")
On Thursday, the US nominated ex-Mastercard CEO Ajay Banga to head the World Bank. Announcing the nomination, US President Joe Biden said that Banga is "uniquely equipped to lead" the institution.
"He has spent more than three decades building and managing successful, global companies that create jobs and bring investment to developing economies, and guiding organizations through periods of fundamental change. He has a proven track record managing people and systems, and partnering with global leaders around the world to deliver results," Biden said.
The departure of David Malpass from the agency was seen by the US as an opportunity
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