U.S. pick for World Bank, Ajay Banga, to meet with Modi in native India

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U.S. pick for World Bank, Ajay Banga, to meet with Modi in native India
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The U.S. nominee to lead the World Bank, former Mastercard CEO Ajay Banga, returns to his native India on Thursday, capping a three-week global tour to drum up support and discuss development and climate needs with donor and borrowing countries.

Ajay Banga, President and CEO Mastercard, attends the World Economic Forum annual meeting in Davos, Switzerland January 19, 2017. REUTERS/Ruben SprichCEO Ajay Banga, returns to his native India on Thursday, capping a three-week global tour to drum up support and discuss development and climate needs with donor and borrowing countries.

"These discussions will focus on India’s development priorities, the World Bank, and global economic development challenges," the Treasury said in a statement. He has won the support of enough other governments to virtually assure his confirmation as the next World Bank president, including Britain, France, Germany, Italy, Japan, Bangladesh, Colombia, Egypt, Ivory Coast, Kenya, Saudi Arabia and South Korea.

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