ICSID: New Chair of the ICSID Administrative Council

Published on May 3, 2023

May 3, 2023: The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. Pursuant to Article 5 of the ICSID Convention, the World Bank President is ex officio the Chair of the ICSID Administrative Council. Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of...

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