US nominee for World Bank, Ajay Banga, in native India to meet with PM Modi

US nominee for World Bank, Ajay Banga, in native India to meet with PM Modi

The US nominee to lead the World Bank, former Mastercard CEO Ajay Banga, returns to his native India on Thursday, capping a three-week global tour to drum up support and discuss development and climate needs with donor and borrowing countries. The Treasury said Banga will visit New Delhi on March 23 and 24, where his likeness has already been posted on billboards. He will meet with Prime Minister Narendra Modi as well as the minister of finance, Nirmala Sitharaman, and the minister of external affairs, Subrahmanyam Jaishankar.

For the latest headlines, follow our Google News channel online or via the app. “These discussions will focus on India’s development priorities, the World Bank, and global economic development challenges,” the Treasury said in a statement. India’s government endorsed the candidacy of Banga, a longtime finance and development executive who is now a US citizen, soon after his nomination was announced in late February.