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24 Feb 2023

Ajay Singh Banga to become New Chief of World Bank

Ajay Singh Banga will become New chief of World Bank. US' President Joe Biden has made this announcement. Know the full news in detail in this report.

24 Feb 2023

Former CEO of Master Card Ajay Banga can become President of World Bank

Master Card's Former CEO Ajay Banga may become the President of World Bank. US' President Joe Biden has nominated him for the post. Watch 25 big news of the day in just 5 minutes.

World Bank president

23 Feb 2023

Indian-American, Ex-Mastercard CEO Ajay Banga Nominated To Lead World Bank

Ajay Banga, 63, currently serves as Vice Chairman at General Atlantic and previously, he was President and CEO of Mastercard.

16 Jan 2019

India-born Indra Nooyi a frontrunner for World Bank President post: Report

US President Donald Trump’s daughter Ivanka Trump is playing a key role in the selection of the candidate for the post.

28 Sep 2016

World Bank unanimously reappoints President Jim Yong Kim for 2nd term

The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced Tuesday.

15 Sep 2016

World Bank chief Jim Yong Kim heads for 2nd term as no other nominees

World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

World Bank president

30 Jun 2016

World Bank chief meets PM Modi, promises support to sustainable development

World Bank President Jim Yong Kim on Thursday promised "proactive" and "full support" to India's efforts for environmentally sustainable development as Prime Minister Narendra Modi pitched for adequate climate change financing.

04 Oct 2014

World Bank staff presses Kim over selective bonuses

The poverty-fighting institution has been riled by news that, despite Kim`s efforts to cut spending, certain senior officials have received generous bonuses.

World Bank president

24 Jul 2014

World Bank lauds Narendra Modi, offers $18 bn aid in three years

Speaking at the end of a three-day visit to India, World Bank president Jim Yong Kim told reporters he was hugely impressed with Modi`s "comprehensive and extremely ambitious vision for the country".

Reforms in World Bank

22 Jul 2014

India stresses on capital increase, reforms in World Bank

India today stressed on capital increase and reforms in the World Bank to reflect the new world order and enhance the capacity of the global institution to fund poverty alleviation programmes.

21 Jul 2014

World Bank chief to meet Jaitley Tuesday, Modi on Wednesday

World Bank Group President Jim Yong Kim will on Tuesday meet Finance Minister Arun Jaitley and thereafter Prime Minister Narendra Modi on Wednesday to review key development priorities.

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