Ajay Banga was nominated by US President Joe Biden.
Ajay Banga assumed office in June 2023.
Previously, David Malpass was serving president of the World Bank
Last updated & verified on 30 Jan 2026
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World Bank established: July 1944
World Bank was established during Bretton Woods Conference
World Bank Members: 189
World Bank's aim: to provide loans and grants for various projects
World Bank headquarters: Washington, USA
Human Capital Index & World Development Report are published: World Bank
Word Bank Partner institutions: IBRO, IDA, IFC, MIGA, ICSID (total five institutions)
Pakistan joined World Bank: in 1950
