Posted ByTechViewIndians are obtaining a significant place worldwide. Whether it is Google CEO Post or World Bank President Position, Indians are spreading their popularity everywhere. The Board of World Bank decided to work with Mr. Ajay Banga after considering his leadership skills.
The statement came on Thursday when the Board of World Bank voted in favor of Mr. Ajay Banga due to his leadership skills.
An important role of Banga in deciding the climate change issues
My Ajay Banga is a person with great leadership skills. He plays an important role in addressing the issues of climate change. Due to his pivotal role, the Board has finally decided to work with him and make him the President of the World Bank.
Executives voted in favor of Mr. Banga and approved his leadership for five years. World Bank further said that it is making an effort to handle the challenges faced by developing countries. It is the sole aim of the bank to solve the toughest issues faced by the World Bank.
Banga’s role will start on June 2
The Board of World Bank has finally decided to include Mr. Ajay Banga in it. Banga is a U.S. candidate who will come to power on June 2 replacing David Malpass who is leaving the position earlier than the date because of criticism.
Banga belongs to the Sikh Family of India and holds US citizenship. He used to handle the payment section from 2010 to 2021.
Major climate concerns to solve in the future
Mr. Ajay Banga will become the President during a crucial time when the interest rates are high and global growth is slow. Many developing nations are facing the challenges of high borrowing costs and a sharp decline in the number of exports.
The role of Mr Banga will be important to solve these major economic issues including climate change issues.