(a) Citibank
(b) Visa Inc
(c) LinkedIn Corporation
(d) American Express
(e) Mastercard
Ans. (e)
Exp. Indian-Origin Ajay Banga appointed as next World Bank president.
The World Bank’s 25-member executive board has elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2.
Banga, 63, was nominated for the post by US President Joe Biden in late February and was the sole contender to replace departing World Bank chief David Malpass, an economist and former US Treasury official during the Trump administration.
The decision came in a vote by 24 of the board’s members, with Russia abstaining, instead of the usual consensus-based process.
About World Bank
- Founded – 1944
- Headquarters – Washington Dc
- President – Ajay Banga
- MD & CFO – Anshula Kant
- Chief Economist – Carman Reinhart
- Executive Director – Rajesh Khullar
- Member Countries -189
- World Bank Group – 5 (IBRD, IDA, IFC, MIGA and ICSID)
Recent Appointments of Persons of Indian Origin
- Association of American Universities (AAU) Task Force Chairs – Neeli Bendapudi
- Warrant Officer of UK’s Royal Air Force (RAF) – Subby Subramaniam (Indian-origin)
- Deputy Secretary of State, Management and Resources in USA – Indian American Richard Verma
- First Head of NASA’s ‘Moon To Mars’ Programme – Amit Kshatriya
- First Assistant Police chief in USA’ Connecticut – Manmeet Colon (Indian-origin Sikh woman)
