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Bloomberg Wall Street Week - February 24, 2023

Wall Street Week

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Ajay Banga - The Former CEO of Mastercard

President Biden will nominate Ajay Banga he's the former mastercard CEO to the position. The World Bank is a very different it's kind of institution than any other bank having global development as as its central mission. It's going to need a transformation of a kind it has not seen probably since Robert McNamara was its leader more than 40 years ago. A huge opportunity ahead of him to bring about transformation but in a world where his shareholders have really serious political challenges at home it is not going to be easy.

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