Ten days following the resignation of David Malpass as President of the World Bank (WB), the White House has appointed a successor. And this one did not appear on the list of candidates approached the day following the announcement of Mr. Malpass’s departure. It won’t be the former administrator of the United States Agency for International Development (USAID), Gayle Smith, Wally Adeyemo, the current assistant secretary of the Treasury, nor Ngozi Okonjo-Iwea, the Nigerian at head of the World Trade Organization (WTO) since 2021.
This is Ajay Banga, a homme 63-year-old Indian-American businessman, who was chosen by the American executive on February 23 to run for the presidency of the institution. A “logical” decision according to the President of the United States Joe Biden, who believes that “Ajay has all the qualities to lead the World Bank in this critical period of his history ».
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