US nominee Ajay Banga to become World Bank president unopposed
Mar 30, 2023
03:36 pm
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Ajay Banga, the former CEO of Mastercard, is set to become the World Bank president after nominations closed on Wednesday and no country chose to field a challenger, reported Bloomberg. Banga was nominated for the position by US President Joe Biden last month after incumbent chief David Malpass announced quitting almost a year early. Malpass had also won the top spot unopposed in 2019.
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Banga visited India last week, tested positive for COVID-19
Last week, the 63-year-old visited India, where he tested positive for COVID-19 and was quarantined in Delhi.
He was on a three-week global tour, which started in Africa before progressing to Europe, Latin America, and Asia.
The candidacy of Banga, who is now a citizen of the US, was endorsed by India soon after his nomination announcement.