Indian-American business leader Ajay Banga has been nominated by Joe Biden to be the next president of the World Bank, as the development lender faces growing calls to prioritise climate action. The ...

Mr. Banga’s appointment to a five-year term was confirmed on Wednesday by the World Bank. By Alan Rappeport Reporting from Washington Ajay Banga, President Biden’s pick to be president of the World ...

Former Mastercard boss Ajay Banga has been elected to lead the World Bank as it strives to help low-income countries overcome debt and combat climate change. Mr Banga, nominated by President Joe Biden ...

The bank is facing scrutiny as it debates how to compensate victims of abuse at Kenyan schools that it was financing. By Alan Rappeport Reporting from Washington At the World Bank’s annual meetings ...