World Bank President Ajay Banga on ‘perfect storm’ of crises | DW News

World Bank CEO Ajay Banga says the world is facing a ‘perfect storm’ of crises and that he is reforming his institution to tackle them. In an interview with DW, he discusses plans to boost lending capabilities, assess risk in a different way and the new mission to eradicate poverty on a livable planet. He also explains how he sleeps at night against a backdrop of multiple challenges: climate change, food insecurity, growing poverty and pandemics. In addition, Banga shares his reaction to Argentina’s new far-right president Javier Milei’s intention to scrap his country’s central bank. Finally, he defines how success looks for him.
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#WorldBank #business #AjayBanga

[@0000dexter]

The calmness and the depth at the same time, this gentleman stands out.

[@Gregory-o9c]

The CLASS ! that few Americans have have the good fortune to suck with their maternal milk ! Even 10% of the US upperclass can hardly display such an impeccable upbringing and poise ! He deserves the best chance of success in his endeavours within the FMI and above all the unrestricted collaboration of all the experts of good intention who will invest all their intelligence , their competence and their empathy in their highly useful tasks they have to address !

[@Gregory-o9c]

the highly not their

[@aperson2020]

That is one smart, intelligent, articulate, crystal clear AND humble person. Not a combination found these days. I'm going to check out for jobs under him. Well done Ajay Banga. We need more people like you.

[@uraa7509]

Climate change is the real issue, don't go round & round around dollar & gender equality & all just say & tackle with climate change which needs immediate progress, & Very important thing just stop making babies No matter you tech savy u r empty stomach can't make u any innovative

[@JanRozsypal-s7x]

Dont worry, you will get plenty of people like him, soon there will be 2 billion, yourself included. And I am not Impressed.

[@monikaa7301]

I can tell you, he’s really amazing in action too …

[@ThePhilosophicalOne]

Ah yes.... An unelected banker forcing his fiat, debt-based currencies on us... Yes, we need more people like him. 🙄

[@xyzmediaandentertainment8313]

Khalistam zjndabad

[@agytjax]

A fine masterclass on what multilateral banks should be doing. Ajay Banga is not only a very intelligent and articulate leader, he is also a great teacher. In about 22 mins, I learnt enough of WB that no literature could provide. We need more leaders and teachers like him at the helm

[@Worldsbestname]

Oath

[@inyomoufizaWabbit]

The Sikhs are just merchants nothing more lol. They come in droves the west on the backs of our technology and just like making money they do nothing

[@yashikamal833]

100%

[@r1johnny]

Wow! Mr. Banga is a sharp individual. Wishing him the best in his endeavors.

[@nrao8977]

A wolf in sheep skin.

[@kelloggole5458]

@@nrao8977😂wow I am sure you have your reasons

[@heinzgassner1057]

Impressive. Good to see him leading the World Bank.

[@maladaptedmalarkey]

Never been more interested in the capabilities of the World Bank. Great interview and wish him the best of luck and success. The world needs more leaders applying long-term systems thinking to their investments.

[@bernstock]

Such an articulate and intelligent man. I enjoyed listening to his conversation, so clear and coherent.

[@jasmannsingh5341]

Couldn’t be more proud as a Sikh. So glad that we now have someone to look upto in the global political/corporate world!

[@sharmana100]

There are so many others Dr Manmohan Singh world bank Lot of diplomats Like Hardeep puri he is an Indian foreign Services officer Current ambassador to America Mr Tranjeetvsingh Sandhu Lot of sport persons too

[@tuckerbugeater]

pride cometh before the fall@@sharmana100

[@balrajkaur3245]

Agree!!! Couldn’t be more proud as a Sikh.

[@bharatindia8956]

All due respect to the Sikhs. But the World Bank isn't a Sikh Product.

[@ThePhilosophicalOne]

Yeah, having a Singh puppet in the international banking cabal makes me so proud... Guru Gobind Singh would be so proud to see him forcing his fiat, debt-based currencies on us peasants. 🙄

[@SeeLasSee]

He seems like a thoughtful and well-rounded man not merely steered by the latest fad.

[@nrao8977]

He is part of the Neocon group that wants to rule the world. That is why Biden proposed his name. Banga has a bad social record - as the CEO of MasterCard. A wolf in sheep skin.

[@ssuwandi3240]

Bankers are sleazy creatures it'd be up to your cup of tea.

[@Hs5687]

So Cute & Obedient… Well Trained … Masters must like him 😊

[@seanbarnard8598]

Agreed. Very rare for many institutional leaders these days as many of them are appointed by politics/connections not qualifications.

[@Hs5687]

Hopefully he’ll be ALLOWED to grow a SPINE soon or risk be labeled another “Manmohan” …

[@d.wagnerRE]

Ajaypal Singh Banga is super impressive! All the best!

[@valentinnegrutiu5756]

what exactly impressed you? it's a bunch of trivialities. no? give me an example.

[@JohnLincolnUSA]

So well prepared - he knows his priorities! That matters most! None of it is rocket science but knowing it, communicating and getting buy in and then executing on it seems key! Mr. Banga seems rightfully the right person for the job! Never thought much of world bank leadership until now! Kudos sir!

[@DeepS555]

World needs more and more of capable leaders like Ajay Banga who are insightful, thoughtful, mindful, holistic and inclusive in their approach to solving the problems. Awesome person. Best wishes

[@ConvertToIslammmmmmm]

Peace be with you 💚 We Invite You To Join The Religion of Islam, as you may find peace. Islam is the latest Revelation from Allmighty God (Allah) for All the Human & Jinn kinds WorldWide. Our suggestion just Study all Religions including Islam, then you're welcome to convert to the religion of Islam in order to successfully pass this Test of Life and be Saved from everlasting Punishment of the HellFire. We wish All the Best 🕊🌷❤💚💚💚💚

[@keithm3774]

As much as we may have suspicions about the agendas of international political organisations like the World Bank, it is reassuring to see someone like Ajay with a strong moral compass at its helm and I wish him every good progress at making the world a little better. Thanks for the interview.

[@anupam13mishra]

America was absolutely right nominating this guy. Even at this age he is full of energy and passion for his work.

[@Pyasa.shaitan]

Lmfao, he is a billionaire. Why won’t he have that energy?

[@anupam13mishra]

@@Pyasa.shaitan , WoW amazed by the logic that being a billionaire gives you energy.... Does it also make you immortal?????

[@steviewanderer]

Such a knowledgeable, nuanced and well-spoken individual. Measured, intelligent responses too.

[@karlpichler9383]

ੴ ਵਹਿਗੁਰੂ ਜੀ 🙏🏻❤️🇦🇹

[@palanisamymurugan3943]

The journalist ask very relevant question for the world and Mr Ajay Banga answer it very shape to the detail.Thanks DW.Excellent

[@MichaelScaat]

I can hear him for hours! What insights & so well articulated. Top notch! I have been impressed by Mr Banga ever since I saw his interview at Stamford Graduate School of Business when he used to head Mastercard. Brilliant man

[@rsn5]

So happy and proud to see a fellow Sikh heading the World Bank. Also, kudos to USA for nominating an individual based on his merit rather than the way he looks or his cultural background.

[@arun1971sharma]

I wish you had said “fellow Indian”

[@rsn5]

@@arun1971sharma Sharma - I will say what I have to. Don't need unsolicited advice.

[@amanpreetkumar9294]

@@arun1971sharma he is allowed to say whatever he wants!

[@MandeepSingh-jp7st]

​@@arun1971sharmaarun sikhs are indians stop making anti india assumptions.

[@user-hy3ho6gj2m]

@@arun1971sharmaomg Andhbhakat are everywhere God Help Us please 🙏🏻

[@corvinlord]

So impressive that such people and organizations exist! Best wishes!

[@W_Bin]

What a great man. And great education for us the public of the world. This should be on TV everywhere.

[@gss1470]

Mr Singh is deeply passionate about the difference an institute like World Bank can make in this day and age. We salute your dedication and courage.

[@dharamewada6922]

Very knowledgeable, articulate and absolutely knows the beans to take the world bank to the very purpose it has been made, credit to the people who selected Banga to lead the world bank.

[@sikhnomics-1313]

The world requires an increasing number of adept leaders akin to Ajay Banga, individuals who possess insight, thoughtfulness, mindfulness, a holistic perspective, and inclusivity in their problem-solving approach. An exceptional individual. Sending the best wishes.

[@sshivash]

What a brilliant man! I love his analytical mindset. He spoke of the importance of having a sound measurement strategy. If you can't measure, you can't improve.

[@ben10ofori]

This man is just brilliant 🎉... I need his perspective of the world on my business management

[@nrao8977]

A neocon who belongs to a group that wants to rule the world. As CEO of Mastercard, he wanted to control the lives of card holders. Globally

[@nrao8977]

@@prabhakart1 A neocon who belongs to a group that wants to rule the world. As CEO of Mastercard, he wanted to control the lives of card holders. Globally

[@Rbb0828]

@@nrao8977you’re seriously calling him a neocon lmao

[@suavesinghvlogs256]

@@nrao8977 being a Sikh he is already ruling the world by his deeds, rather being stick to a jealous and hate mongers group it’s easy to be a ruler by being a Sikh. 😊😊

[@nrao8977]

@@suavesinghvlogs256 I agree on "deeds". You see, the head of the IMF or World Bank needs to be very corrupt. That is the only way they can keep the 3rd world nations in perpetual debt. (BTW, the Chinese modeled their RBI on the model of the World Bank - keep everyone in perpetual debt.) And, Banga ji has a track record of being corrupt from his days at MasterCard! Ji Hai. Just ask Modi, who developed UPI to dethrone MasterCard and Visa (among others). Let me know if you want more info.

[@navtej1313]

You are the perfect person, a true human to lead WB. Salute to your insights.

[@harmanpreetsingh9875]

He is the real person who know the situation of every country what they are suffering from and how they need to overcome the situation. I haven't listen this kind of interview with this much of real explanations we need to do, if we separate these things from the wars going on. Really a great person.

[@aftabfremont]

This man makes great point. I have been listening to him since he has served as CEO of Mastercard.

[@AMRINDER-123]

I feel very happy that a Sikh from land of Punjab is at this position and hes extremely intelligent.

[@Sadiqrajpoot3]

He is not from Punjab . He was born in Poona Maharashtra. He was an Indian nationalist till 2007 when he moved to America and got American citizenship. He is not from Punjab but from Maharashtra.

[@ManjitKaur-fd1jb]

This is the first time I have listened to Ajay, no wonder US hired this one in a billion person. I have no understanding of this arena, but he can communicate at a level that a normal person understands, and most of all what he is saying and doing is all practical. This is the only person I have come across makes so much sense...need billions more like Ajay Banga. I would love to work under him, even if I have to take a salary cut to make a real difference that matters. Ajay if you read this please respond.

[@prashil1512]

do you think he has the time to read random youtube comments on a video

[@ManjitKaur-fd1jb]

You are right, may not have time to read such random comments. However, people in these positions are aware of the social media messages, and it's wise to be aware in this climate@@prashil1512

[@kinderjeetkaur7486]

Wow.....are you looking for a job opportunity........that comes from the hard work visa process and many more.....not through a comment

[@ManjitKaur-fd1jb]

​@@kinderjeetkaur7486I beg Ur pardon? U have made big assumptions

[@hinthegroove9740]

I just love this journalist’s approach, excellent interview.

[@kirankishore9934]

I wish people like him become the prime minister of India. Also, the political parties have members like him.

[@Rahulpalariya123]

It was Mr Manmohan singh.but politics or party pressure in second tanure turned him into. Soniya gandhi puppet

[@tokyo_seoul_guy]

What a refreshing and articulate way of explaining how the bank works and some of the challenges and ways of tackling them in developing countries. Superb!

[@venkateshkattela5330]

Such a clear cut vision and working style of an Indian. Unlike western philosophies, drenched in theories, Indian philosophies are in context of real experiences of life and adversaries. I am sure, Ajay Banga will bring a real change to developing world through his sheer diligent solutions. Cheers !!! 🎉🎉🎉

[@user-tk2cb1bg1s]

An erudite, scholar, well informed gentleman who has the in-depth knowledge in multidimensional fields. Wish we could have more such icons to steer the world to a progressive, prosperous place to live in.

[@mahendrasinghvi7187]

I liked his words that he wants to work for the development from inside and that he does not want to be an armchair critic. That is something we can all do and benefit from that philosophy in life.

[@FajarSumirat]

Now i have the comprehension about: why there so many multinational Corporate CEO around the developed countries are India's origin ! They have the global level of qualities.

[@Zyks10]

An eloquent, intelligent, and coherent person.

[@shubhendudas2623]

A student of Delhi University and MBA grad from The prestigious IIM Ahmedabad, he is the right person to Bring changes to the world order and finance. He knows the grass root issues better than any other elite western person who have only seen ac rooms and Lavish homes. Kudos Banga sir, Way to go.

[@lettucesalad3560]

I thought the BRICS countries are crying about the World Bank and IMF being a western only institution. What happened!?!

[@anshuecon]

BRICS is a joke. The I and C in BRICS don't see eye to eye on anything.@@lettucesalad3560

[@ignorasmus]

​@@lettucesalad3560 What happened is a tiny bit of hope arose. Looking forward to it growing into a truly global cooperation towards a better future for all.

[@lettucesalad3560]

@@ignorasmus Oh, so he's the only person on the World Bank BOD that's from a "global south"/Brics country? Maybe BRICS is just crying because they want more handouts to their corrupt regimes?

[@_sayan_roy_]

@only_solutions Do you think it's just liquid money ? I don't think so. Just like US grants to Israel is a line of credit for their military industry and weapons manufacturing and Israel can't even look for other solutions as it's in the contract. Similarly, in Africa many lines of credits are given for Western companies. Plus, do you think Western governments do it only for charity ? Banga explained that donors look for returns of investment. I agree with your last part as an Indian living currently in Germany.

[@memyselfncats]

I really liked the 5 verticals Mr Banga Mentioned People Prosperity Climate Infrastructure Digitally connected

[@granand]

That is just in Knowledge portfolio

[@milindr7204]

Brilliant piece of interview. Ajay shows how much knowledgeable he is, but you need to understand his simplicity. Sharing knowledge bank is truly a grest idea.

[@things799]

This is the one of the best conversation i ever heard ❤ dw

[@nitinsaklecha3262]

Clarity of thoughts...heads up to you Banga sir...I feel proud that you are Indian...more power to you...

[@NivitaVerma]

So grateful to exceptionally brilliant men like Ajay Banga for giving us glimpses into the workings of their mind. His thoughtful deep analysis/breakdowns of complex issues is a rare skill - one that he's honed throughout his career. He's also so humble (RESPECT) and communicates complex things so simply (a sign of how much domain expertise he has). I wish he taught a finance course. :) Credit also due to the World Bank for choosing this gem of a human being to lead them into the future.

[@amvideos1041]

All varma are fraud 🤥

[@dharamtiwana3428]

wow. this guy is a freakin genius man. listening to his words, just wow.

[@abhinavahuja5291]

very well articulated speech by Mr. Ajay Banga, full of perspective and information. And the interviewer was top-on-point, as well.

[@babarkhan7319]

He explained things very well in a concise and understandable way. World bank and the world seems lucky to have him.

[@calingiubega2860]

We want more interviews with him :)

[@panjaabsingh1313]

Excellent

[@GurmukhSingh-kw3qf]

Highly educational. An identity role model Sikh working humbly towards Sarbat da Bhalaa - Sikhi principle of universal good.

[@parnamsaini4751]

Ahh...

[@rezamahan7109]

what a wise and intelligent man!!!👌

[@AjitKumar-yp2on]

In a short period of time at the helm of World Bank he has understood the challenges facing the world and the institutions at the same he has come up with innovative solutions.

[@jetpark3743]

He made MasterCard very successful. Ran it very well..he speaks very well. Top Indian leadership

[@prishlavrghs]

One of the best articulated people on the right job. His experiences and in-depth discussion is a treat to watch.

[@home9556kefr]

Bringing back the confidence at a critical time.

[@rigzinyangdol2889]

He seems so intelligent and articulate,one would to stop to listen to this gentleman and feel well he is talking sense in this otherwise confused world.

[@user-id6gu2zn5w]

Wish Mr.Banga all success in life

[@kamalakshamada5668]

Best speech ever listened to. Agree with every word. He is a great Indian and world citizen. Listen every word and think over again and again. In life I always took interest in world affairs and institutions. We are all part of the world. Dr. K. U. Mada

[@humanmorehuman3541]

Well done Mr banga…very articulated words….you explained world banks job in brief and in confined explanation…it doesn’t comes easy…education well done….thanks to the education institutes of India…the only word is use is Excel…Excel…Excel..

[@chandvivek]

A super, articulate summary of what we do in the World Bank. Great to have Ajay on board, driving change and spreading the word.

[@AdityaNandan898]

Wow , probably all sides agree with this man's argument, so much clarity and thoughtful🎉

[@wisheikh]

What a great exchange! Kudos to the anchor for such great questions!

[@Feelthefx]

When the IMF hires a literal financial guru.

[@riturajborah382]

Very informative! We need these "neutral" institutes to keep the world functioning as one.

[@jagjitsingh8747]

First time I show your interview Mr Banga. It was impressive. Hope you will do your best for whole World.

[@anythingawesomewithme5609]

Wow! interview turn into a lecture Absolutely amazing 💯

[@arontesfalem2178]

No wonder he is at this position. How articulate and humble he is !

[@dubs20000]

Wonderful clarity and articulation. The best primer for what the world bank is and what it should be doing

[@mohakmilindsingh999]

*🕉️🚩 🇮🇳 INDIA 🇮🇳 🚩🕉️*

[@shankarullas]

Wow. An Ideal person for an ideal institution.

[@mtkhan3175]

Leader in a real sense. I hope if he can really transform the WB as he believes.

[@socal2384]

I love listening to smart, classy, all around knowledge people like him! Great host too, very patient and asked great questions! 👍

[@prasvasu4217]

Measured questioning, great host; when he's giving comprehensive responses.

[@gurbirsingh897]

To have faith in some journey is good thing, but to have knowledge about that journey is far far better. Ajay Banga's effort to convert faith to Knowledge is commendable effort. A lecture on how to convert faith to knowledge is available online. Thus, this is my belief, Ajay Banga will succeed if not fully then at least partially. Good Luck, Ajay.

[@KulwinderKhakh-ns5sn]

Good work.Keep it up . Mr Ajay Banga you are a game changer for the developing world.

[@vishwajitkamat7905]

Great learnings and initiatives by Ajay B with focus on long term gains. Great work.

[@mykk_views9007]

Absolute clarity and he communicates well on many topics. Proud of you Ajay.

[@prasadmv7657]

Great interview, more indians are waiting to conquer the world in most of the aspects, indian tradition lives forever ( sarve jana sukhino bhavantu )

[@motherslove686]

Intelligence and experience just exudes from this person!

[@vaibhav19]

He is so clear and precise with his thoughts! All the best to him. Brilliant Interview.

[@jaideepsingh94]

Impressive, hope to see more from him.

[@razor2k911]

No wonder he's president of the WB. Articulate, smart, and down to earth fellow.

[@laurynai]

Very great, knowledgeable man, more of him please! 🧐

[@vijayawadhawan1306]

Very inspirational exposition . He has a great vision and has put down a detailed and realistic plan. Wish him success in his mission !

[@chakravarthivrangarajan9616]

The Right man, at the right place, at the most right time.

[@ryanthyag2723]

Very smart and transparent guy ❤

[@healthyself1771]

So proud and hopeful 👏👏

[@Likit257]

These Indians - something about them! They are humble, smart, well informed, big thinking person

[@sharmana100]

❤❤❤❤

[@Gregory-o9c]

They learnt what the Brits taught to them but they themselves never practiced ! They added it up to their own rich traditions and became twice classier ! When will the US learn that Education ( and affordable Health care ) FOR as many citizens possible is the key to success and not Weapons fabrications ! Education and Health care are an national asset that will increase the national chess revenues and end up paying for themselves !

[@anirbaandas7750]

What a refreshing interview from both the interviewer and interviewee. Interviewer asked great questions and gave the space to answer them while the interviewee heard the questions with humility and broke down everything in an easy time digest manner. Neither of them got into ego battles. We need more such leaders and more such journalists in the world!

[@fahdhussein6760]

Great chat. Rare to see somebody with this sort of clarity in a position like this.

[@neilknightley4703]

he has come a long way

[@chundrusatyanarayana3161]

Where knowledge meets wisdom results are like him.

[@RajinderSingh-mj6xc]

🎉great interview. Brilliant journalism. Mr. Banga was artful. Articulate. Intelligent. Inspiring. Good 🎄wishes to DW and Mr. Singh and to the whole world. 😊💐🪐

[@PiotrKuczaj]

Great interview, great guest. Good job DW :)

[@ashutoshmahajan7199]

Indians are one of a kind hardworkers, articulated and top notch business leaders showing high quality intellect everywhere they go. Kudos!

[@msdadsfsx]

as u r also indian so ur comment might be biased

[@msdadsfsx]

@StonkSlayd but what I see is only Indians speaking good about themselves in KZbin comments like they r the best in everything.. Learn to be humble..

[@parjanyashukla176]

He is a coolie policymaker

[@harmanbawa19]

Because in our life we struggle alot in ever aspect.. our Govt make sure of this...

[@rigzinyangdol2889]

​@@msdadsfsxTrue nothing best about India,it's a fool's paradise we love to live in,no roads,no hospitals,the poor struggle to get food on their plates, corruption ,paying heavy tax so that the politicians can lead luxurious life and list can go on.

[@sandalbasotra5765]

This gentleman is reallyyyyyy good for the job. Inteligent man.

[@vinaywadhwa99]

This man is a Gem.

[@parminderkharaud3342]

God bless him . He stands for welfare of all. Sarbat da bhla. Very knowledgeable learning discussion.🙏

[@sabi_oyye]

Proud of you, Sir.