First Indian American to be appointed head of the World Bank

SAFAKNA TURKEY –America nominated the former CEO of the multinational company Master Card for the post of the World Bank.

“He is uniquely prepared to lead the World Bank at this difficult time,” US President Joe Biden said, referring to the Indian-American Ajay Bangi’s experience in dealing with new global challenges, including climate change.

Bungui’s appointment to the post comes after World Bank chief David Malbas announced in mid-February that he would step down as chairman of the organization and face new challenges.


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