Announcing Banga's nomination, Biden said that Banga is "uniquely equipped to lead" the World Bank
The World Bank needs a leader who will prioritize the urgency of the climate crisis, not another big business executive, said Collin Rees, US program co-manager at Oil Change International
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The world needs international financial cooperation. Banga can draw lessons from how John Maynard Keynes and Harry Dexter White to provide intellectual leadership to the World Bank
US President Joe Biden has made an inspired choice by nominating Ajay Banga to the crucial position of the World Bank President, eminent Indian Americans said Thursday and described him as a global leader in technology, data, financial services and innovating for inclusion. Biden on Thursday nominated Indian-American business leader Banga, 63, to lead the World Bank. If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: the International Monetary Fund and the World Bank. In nominating him to this position, the President has made an inspired choice, Indiaspora founder and chairman M R Rangaswami said after the White House announcement. Especially relevant, given recent commentary around the Bank's mission and objectives, is that Banga brings a sharp focus on climate resiliency and environmental sustainability, said Rangaswami, a venture capitalist and ...
Indian-American business leader Ajay Banga, who has been nominated by US President to lead the World Bank, will be a transformative President of the international financial institution, Vice President Kamala Harris said here on Thursday. Banga, 63, currently serves as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, leading the company through a strategic, technological and cultural transformation. He was awarded the Padma Shri in 2016. Ajay Banga will be a transformative World Bank President as the institution works to deliver on its core development goals and address pressing global challenges, including climate change, Harris said in a statement after Biden announced that he nominated Banga for the top World Bank position. If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: the International Monetary Fund and the
President Joe Biden on Thursday announced that the US is nominating Indian-American business leader Ajay Banga to lead the World Bank. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, leading the company through a strategic, technological and cultural transformation. "He has spent more than three decades building and managing successful, global companies that create jobs and bring investment to developing economies, and guiding organisations through periods of fundamental change. "He has a proven track record managing people and systems, and partnering with global leaders around the world to deliver results," Biden said. Banga was awarded the Padma Shri in 2016.
Ajay Banga, one of the topmost Indian-American corporate leaders, and a strong advocate of India-US relationship, would retire from Mastercard at the end of the year, the global credit card firm said
The rise to riches of Sanjeev Bikhchandani and Ajay Banga--'ordinary professionals', with "good education'--should be true inspiration.
The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)
Miebach will also get a seat on the board at the company, based in Purchase, New York.
According to the sources, Trump's business delegation with around 15 CEOs would represent sectors ranging from finance and banking to information technology and retail
On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoft chief Satya Nadella on the 9th spot
The strategic partnership between India and the US is the 'mahagathbandhan' (grand alliance) that the world needs, Mastercard CEO and president Ajay Banga said, asserting that strong ties between the "two greatest democracies" can make a difference in the world. What I want to really see is a time in the world when the two greatest democracies are engaging at every level-- socially, culturally, politically and economically, Banga said at the Second leadership Summit of US India Strategic and Partnership Forum on Thursday. I want to see more American students studying in India, not just Indian students studying in America. I want to see more American students going there to serve, Banga said. On the occasion, the CEO was presented with the 2019 Global Excellence Award in recognition of his significant contribution to strengthening economic ties between the US and India by Jarred Kushner, senior adviser and son-in-law of US President Donald Trump. Banga said he wants to see more ...
Jared Kushner, senior adviser to the President of the United States, will present awards during the summit
Says US President Trump and PM Modi are strongly patriotic and nationalistically driven leader
Ajay Banga said that there is a 'need to have women as CEOs, on boards, in the private and public sectors'