US nominee Ajay Banga to become World Bank president unopposed
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Ajay Banga, the former CEO of Mastercard, is set to become the World Bank president after nominations closed on Wednesday and no country chose to field a challenger, reported Bloomberg. Banga was nominated for the position by US President Joe Biden last month after incumbent chief David Malpass announced quitting almost a year early. Malpass had also won the top spot unopposed in 2019.