04
May
The Executive Directors of the World Bank have selected Ajay Banga as President of the World Bank for a five-year term, beginning June 2, 2023. Ajay Banga most recently served as Vice Chairman of General Atlantic. He was previously the President and CEO of Mastercard, a global organisation with nearly 24,000 employees. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world. He was also Honorary Chairman of the International Chamber of Commerce, serving as Chairman from 2020-2022. He became an advisor to General Atlantic’s climate-focused fund,…