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US nominates Banga for World Bank president

24 February 2023
30569
2023-02-24 10:07

The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank. President Joe Biden announced the choice on Thursday, crediting Banga with critical experience on global challenges including climate change.

The news comes days after Trump appointee David Malpass announced plans to step down in June from his role leading the 189-nation poverty reduction agency.

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