US Treasury Secretary Janet Yellen said she expected former Mastercard chief executive Ajay Banga to be elected president of the World Bank as nominations draw to a close.
Speaking to lawmakers on Wednesday, Yellen said that if Banga secured the role, he would be “charged with accelerating our progress to evolve the institution to better address 21st-century challenges”.
Although nominations close at 6pm eastern time, two people familiar with the situation said they were unaware of…
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