New Delhi: Former MasterCard CEO Ajay Banga has been nominated to head the World Bank by US President Joe Biden. Banga, who is of Indian origin, is currently the vice-chairman of the private equity firm General Atlantic. Banga succeeds current President David Malpass.
With over 30 years of banking experience, Banga has served in senior roles at MasterCard and on the boards of the American Red Cross, Kraft Foods, and Dow Inc.
