: Ajaypal Singh Banga As World Bank Chief Narrates Significant Contributions of Indian Americans in USA #WorldNEWSAll Ajay Bangas nomination as the head of the World Bank by President Biden is a testament
Ajaypal Singh Banga As World Bank Chief Narrates Significant Contributions of Indian Americans in USA #WorldNEWSAll
Ajay Bangas nomination as the head of the World Bank by President Biden is a testament to the growing influence and representation of Indian Americans in positions of power and leadership.
AJAYPAL SINGH BANGA the former Mastercard CEO is all set to become the president of the World Bank as per the announcement of World Bank Groups executive board which said it will consider only one nominee, Ajay Banga, to be the next president of the institution, as no other candidates were nominated.
On Wednesday, March 29, the date for submitting nominations for the post of the next President of the World Bank Group expired. On February 23, US President Joseph Biden had announced his nomination of Ajay Banga. Banga was recently slated to meet with Prime Minister Narendra Modi and EAM S Jaishankar but failed to meet as he tested positive for Covid. He will be the first Indian American to lead the World Bank.
It was an addition of historic chapter in American history when Kamala Harris became the first Indian American and Black woman to be elected as Vice President of the United States in 2020.
President Bidens appointment of Mr. Ajaypal Singh Banga to head the World Bank is another remarkable achievement and contributions of Indian Americans in USA. His nomination is a proud moment for all Indian Americas in particular and Indian in general.
Ajaypal Singh Banga is an American corporate executive who was born in India. On February 23, 2023, he received Joe Bidens nomination for the position of World Bank president.
Ajaypal Singh Banga
Banga was executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020. He retired from this position on December 31, 2021, to join General Atlantic.
He is also the chairman of Netherlands-based investment holding company Exor and chairman of the public-private Partnership for Central America with U. S. Vice President Kamala Harris.
Very recently, US President Joe Biden appointed 130 Indian-Americans to key positions in his administration so far. US President Joe Biden on 10 March named two Indian-Americans Revathi Advaithi, CEO of Flex, and Manish Bapna, CEO of the Natural Resources Defence Council to the Advisory Committee for Trade Policy and Negotiations.
On the success story of Indian Americans, Dr. Frank Islam, an entrepreneur, a thinker, a philanthropist, a civic leader, who is also a member of the Presidential Commission on Scholars said, “It is America that provided them and all of us Indian Americans ladders of opportunities to succeed. We are encouraged to participate.