Closing of Nominations for World Bank Group President

WASHINGTON — The World Bank Group’s Board of Executive Directors today confirmed that, as announced on February 22, the period for submitting nominations for the position of the next President of the World Bank Group closed on Wednesday, March 29 at 6:00pm ET.

The Board received one nomination and would like to announce that Mr. Ajay Banga, a U.S. national, will be considered for the position.

In accordance with established procedures, the Board of Executive Directors will conduct a formal interview with the candidate in Washington D.C., and expect to conclude the Presidential selection in due course.