Ajay Banga will be transformative World Bank Prez: Kamala Harris

Indian-American Ajay Banga will be a transformative President of the World Bank, US Vice President Kamala Harris said. US President Joe Biden on Thursday nominated Banga, former Mastercard CEO, to lead the international financial institution. "Ajay and I have worked closely together on a new model of a public-private partnership designed to address the root causes of migration," Harris said.