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Ajay Banga

Ajay Banga

President, World Bank Group

Appears in 2 stories

Notable Quotes

Electricity is more than power. It is the foundation of jobs, opportunity, and economic growth. — World Bank Spring Meetings, April 2024

Stories

Number of people without electricity has halved since 2000

Built World

Lead architect of Mission 300

In 2000, 1.35 billion people lived without electricity. By May 2026, that count has fallen to roughly 675 million. The drop works out to about 334,000 new connections every day, sustained for a quarter century.

Updated 5 days ago

Gaza's first new government in 18 years takes shape

Rule Changes

Coordinating reconstruction financing

Hamas has governed Gaza since June 2007. On January 15, 2026, a 15-member committee of Palestinian technocrats—none affiliated with Hamas or the Palestinian Authority—held its first meeting in Cairo. The next day, President Trump announced the Board of Peace's executive membership: himself as chair, alongside Secretary of State Marco Rubio, former UK Prime Minister Tony Blair, his son-in-law Jared Kushner, special envoy Steve Witkoff, and others. By January 17, the arrangement had triggered a rare public dispute with Israel—Netanyahu's office declared the Board's composition "was not coordinated with Israel and is contrary to its policy."

Updated Jan 18