President Ajay Banga
Ajay Banga at the 2024 Annual Meetings Plenary

"Again, we find ourselves at a similar crossroads, where reconstruction is at the forefront due to wars in Europe, the Middle East, and Africa. The lessons from the past have uniquely equipped us to rebuild from today's conflicts,” says Ajay Banga in his remarks. Read more

2024 Annual Meetings Opening Press Conference

Ahead of the 2024 Annual Meetings, Ajay Banga speaks with international media about critical global challenges in this press conference. Watch video.

Remarks at the Lowy Institute in Sydney, Australia

Ajay Banga reflects on development truths he's learned from visiting over 25 countries across the world, and why we need a significant IDA replenishment. Read more.

Ramping Up the Fight Against Global Hunger

In remarks at the G20 Global Alliance Against Hunger & Poverty Ajay Banga says, "Poverty and hunger are intertwined and are impacted by many challenges that have far-reaching consequences if left unaddressed." Learn more.

Ajay Banga Begins Tenure as 14th President of the World Bank Group

The Executive Directors of the World Bank selected Ajay Banga as President for a five-year term, which began June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic.

About Ajay Banga

Ajay Banga was selected 14th President of the World Bank Group and began his five-year term as World Bank Group President on June 2, 2023.

Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees.  Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world. He was Honorary Chairman of the International Chamber of Commerce, serving as Chairman from 2020-2022. He became an advisor to General Atlantic’s climate-focused fund, BeyondNetZero, at its inception in 2021. Banga served as Co-Chair of the Partnership for Central America, a coalition of private organizations that works to advance economic opportunity across underserved populations in El Salvador, Guatemala, and Honduras. He was previously on the Boards of the American Red Cross, Kraft Foods, and Dow Inc.

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