Ajay Banga nominated by US president Joe Biden. 

Ajay Banga assuming office in June 2023.

Previously, David Malpass was serving president of the World Bank

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World Bank established: July 1944

World Bank was established during Bretton Woods Conference

World Bank Members: 189

World Bank's aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

Human Capital Index & World Development Report are published: World Bank

Word Bank Partner institutions: IBRO, IDA, IFC, MIGA, ICSID (total five institutions)

Pakistan joined World Bank: in 1950