Biden made an inspired choice by nominating Banga says Indian Americans
US President Joe Biden has made an inspired choice by nominating Ajay Banga to the crucial position of the World Bank President, eminent Indian Americans said Thursday and described him as a global leader in technology, data, financial services and innovating for inclusion.
Biden on Thursday nominated Indian-American business leader Banga, 63, to lead the World Bank.
If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: the International Monetary Fund and the World Bank.
In nominating him to this position, the President has made an inspired choice, Indiaspora founder and chairman M R Rangaswami said after the White House announcement.
Especially relevant, given recent commentary around the Bank's mission and objectives, is that Banga brings a sharp focus on climate resiliency and environmental sustainability, said Rangaswami, a venture capitalist and ...