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Indian-American Ajay Banga appointed World Bank chief ...Middle East
The World Bank on Wednesday confirmed that Indian-American Ajay Banga will be its next president.Banga will be taking charge at a pivotal time for the development lender as it looks to better address climate change."The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process," the bank wrote in a statement published shortly after the board voted to approve his leadership for a five-year term.
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