President Ruto Endorses Ajay Banga For World Bank Group President

March 9, 2023

Kenya has endorsed the candidature of Ajay Banga as the next President of the World Bank Group.

President William Ruto said Mr Banga has the credentials that will take the Bretton Woods institution to the next level.

He was speaking on Wednesday at State House in Nairobi when he held talks with the former MasterCard Chief Executive Officer.

“He has proven accomplishment, particularly in development; he will address the issues facing us as a globe,” said Dr Ruto.He cited gender, underdevelopment, agriculture and climate change.

The President argued that Mr Banga’s rich experience will help respond in time to the emerging economic challenges, deliver transformative results and drive the world to prosperity.

Last month, the United States of America nominated Mr Banga for the World Bank top job.

President Joe Biden argued that he “is uniquely equipped to lead the World Bank at this critical moment in history”.

Mr Banga pledged to scale up financial support to countries besides helping in delivering on internationally agreed climate and development goals.


Don't Miss