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The U.S. candidate, Ajay Banga, an American of Indian origin, is the only one nominated to succeed the current president of the World Bank, David Malpass, the bank announced.

“The Board of Directors has received one candidacy and specifies that Ajay Banga, an American citizen, will be considered for the position,” the World Bank said in a statement.

According to the plan, the current president of the World Bank, David Malpass, will leave that position at the end of June at the latest, and the name of his successor will be announced in early May.

Photo: Wikipedia/President’s Secretariat India

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