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Ajay Banga, President of the World Bank: The world must focus on creating jobs

Aug 12, 2025 · 23m

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World must focus on creating jobs Rahul Tandon speaks to Ajay Banga, President of the World Bank. Born in India in 1959, Mr. Banga’s career in business began in the early-1980s, when he started out as a management trainee with the food multinational Nestlé. He then made the move into finance over a decade later, when he joined the Citigroup bank. He quickly rose through the ranks to become the Chief Executive of the bank’s Asia-Pacific business, before then moving onto Mastercard, where he eventually became CEO. During this time, Mr. Banga, who became a US citizen in 2007, also advised a number of senior US politicians - including President Barack Obama and later, Vice-President Kamala…