Washington, July 8: World Bank President Ajay Banga will travel to India next week, his first visit to the country after taking over the helm of the global lender, to attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad.
Indian-American Banga, 63, took over as the President of the World Bank in June, making him the first person of colour to head either of the two global financial institutions, the World Bank and the International Monetary Fund. The Executive Directors of the World Bank selected Banga as the 14th President of the World Bank in May for a five-year term after being nominated by US President Joe Biden for the post.
This would be Banga’s first trip to India after he took over as the World Bank president. India is currently holding the presidency of the G20, an intergovernmental forum of the world’s major developed and developing economies. (AP)