US President Joe Biden announced Mr Banga’s nomination in February
The bank, in a statement on Thursday, said Mr Banga will be considered for the position of the next president after the nomination period ended Wednesday.
“The Board received one nomination and would like to announce that Mr Ajay Banga, a U.S. national, will be considered for the position. “Ajay is uniquely equipped to lead the World Bank at this critical moment in history,” Mr Biden said.“He has spent more than three decades building and managing successful, global companies that create jobs and bring investment to developing economies, and guiding organizations through periods of fundamental change.”
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