Ajay Banga Joins Trump's Gaza Peace Board: World Bank Chief to Lead Reconstruction

World
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Moneycontrol•17-01-2026, 16:10
Ajay Banga Joins Trump's Gaza Peace Board: World Bank Chief to Lead Reconstruction
- •World Bank President Ajay Banga, an Indian-origin executive, has been appointed to Donald Trump's high-level 'Peace Board' aimed at ending the Gaza conflict and restoring peace.
- •Trump will chair the board, which includes prominent figures like US Secretary of State Marco Rubio, former British PM Tony Blair, and Jared Kushner.
- •Banga's specific role will be to oversee Gaza's reconstruction and economic strategy, leveraging his global economic experience and diplomatic skills.
- •Born in Khadki, Maharashtra, Banga is the 14th President of the World Bank, nominated by Joe Biden in 2023, and previously served as CEO of Mastercard.
- •The board's mission is to oversee the second phase of Trump's '20-point peace program', with other members focusing on diplomacy, international relations, and strategic advice.
Why It Matters: Indian-origin World Bank President Ajay Banga joins Trump's Gaza Peace Board to lead reconstruction efforts.
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