by Andrea Shalal and David Lawder
WASHINGTON (Reuters) – The World Bank said on Wednesday that its 25-member board of directors has elected Ajay Banga as the institution’s new president for a five-year term, which begins on June 2, replacing the president. resigned David Malpass, a decision that was expected.
The 63-year-old India-born former Mastercard chief executive was the only candidate for the job after being chosen by US President Joe Biden in late February.
This vote came after a four-hour hearing of Ajay Banga conducted Monday by the board of directors, of which only one member did not vote for his nomination – Russia, which abstained, it was said. we learned from a source familiar with the proceedings.
(Report Andrea Shalal and David Lawder; French version Jean Terzian, edited by Nicolas Delame)
2023-05-03 16:57:00
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