Business Standard

The Bank doesn't mean the World to anyone

Ajay Banga is tipped to become World Bank president in the wake of his two immediate predecessors leaving behind unfinished terms and at a time the Bank's role is once again under question

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Suveen Sinha
In early January 2019, Jim Yong Kim resigned as the World Bank president midway through his second term. Some of those in the World Bank-International Finance Corporation (IFC) group behaved as if they knew about it already. But the lesser mortals who were there at that time — including this writer — were left numb with shock and dismay. 

Shock, because Dr Kim was a formidable leader with charisma and a proper backstory, and he could deliver a kick-ass Ted Talk. He was appointed as the World Bank president in 2012 by Barack Obama — the United States, the Bank’s
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First Published: Feb 23 2023 | 9:59 PM IST

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