WASHINGTON: World Bank [resident Ajay Banga said on Tuesday (Sept 26) that he is working to reform “dysfunctionality” in the boardroom of the developm...
World Bank [resident Ajay Banga said on Tuesday that he is working to reform “dysfunctionality” in the boardroom of the development lender, and pledged to refocus its mission to better address the challenges posed by climate change.
He added that he was working to redefine the World Bank’s business around what he called five key knowledge “verticals” – people, prosperity, planet, infrastructure and digital. Banga has already made a number of changes to the bank’s management since taking over, setting up a new 15-person private sector advisory board, and pledging deeper cooperation with regional development banks to tackle shared challenges.
“I want people to say when I’m gone that I left the bank working much better than when I got it, because then my successor will not have to deal with what I’m dealing with,” he said. Banga has previously called on the World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaptation.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
World Bank chief sees US$100bil-plus lending boostThe new contributions from wealthy countries could increase the bank’s lending capacity.
Leggi di più »
World Bank chief sees US$100b-plus lending boost from capital movesNEW YORK, Sept 27 — World Bank Group President Ajay Banga yesterday said proposed new contributions from wealthy countries combined with balance sheet changes could boost the...
Leggi di più »
Molotov cocktails thrown at Cuban embassy in Washington, says ministerWASHINGTON, Sept 26 ― An assailant attacked the Cuban embassy in Washington with two Molotov cocktails on Sunday night, Cuban Foreign Minister Bruno Rodriguez Parrilla said on...
Leggi di più »
Cuban embassy in Washington attacked with Molotov cocktailsThe country’s foreign minister describes the incident as a ‘terrorist attack’.
Leggi di più »
JPMorgan pays US$75mil to settle lawsuit over Epstein tiesThe US bank also reached a confidential settlement with former private banking chief Jes Staley.
Leggi di più »