The World Bank Group Announces Closure Of Nominations For A New President

As announced on February 22, the World Bank Group’s Board of Executive Directors confirmed on Thursday, March 30 that the deadline for submitting nominations for the position of World Bank Group President had passed at 6:00 p.m. Eastern Time on Wednesday, March 29.

The Board is pleased to announce that Mr. Ajay Banga, a citizen of the United States, will be considered for the position after receiving one nomination.

World Bank President Malpass To Step Down. Set To Pursue New Challenges

The Board of Executive Directors expects to conclude the Presidential selection shortly after a formal interview with the candidate in Washington, D.C., in accordance with established procedures.

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