Ajay Banga Joins Gaza 'Board of Peace' for Reconstruction Efforts

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CNBC TV18•17-01-2026, 13:59
Ajay Banga Joins Gaza 'Board of Peace' for Reconstruction Efforts
- •Indian-origin World Bank President Ajay Banga has been named to the newly formed 'Board of Peace' for Gaza.
- •The seven-member board, chaired by US President Donald Trump, aims to oversee the reconstruction and transitional governance of Gaza.
- •Banga, the 14th President of the World Bank Group, is the first person of South Asian descent to lead the institution.
- •His career spans over four decades in consumer products, finance, banking, and technology, including leadership roles at Mastercard and General Atlantic.
- •Banga, born in Khadki, Maharashtra, holds degrees from St. Stephen's College, Delhi, and IIM Ahmedabad.
Why It Matters: Ajay Banga, World Bank President, joins the Gaza 'Board of Peace' to lead reconstruction efforts.
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