In the face of unprecedented global attention and interest in the World Bank, President Ajay Banga has brought energy and vision to evolve and expand the institution. During his first eight months on the job, Banga has sought to change how the Bank itself runs, with a promise to “fix the plumbing” at the global lender, and unveiled major new initiatives-a pledge to increase climate finance to 45 percent of the Bank’s lending, the establishment of a Private Sector Investment Lab, a commitment to the largest-ever IDA replenishment, and more.
How does he plan to work with shareholders and his own managers and staff to ensure the Bank is ready to more effectively meet the demands placed on it? Join Ajay Banga in conversation with CGD’s Masood Ahmed as they discuss his progress, the obstacles he’s confronting, and how he defines success.