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The World Bank has chosen the AASTMT from four international organizations representing the Norwegian Swedish Group, the Hungarian Group and the Danish Group to develop maritime education in Bangladesh by a limited tender. The AASTMT proposal was chosen as the best both technically and financially to carry out the project.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
World Bank Group. The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
Incumbent. Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president .worldbankgroup .org. The president of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
Liechtenstein. Monaco. North Korea. Taiwan is the largest economy outside the World Bank, followed by Hong Kong and Macau. The two observer states at the UN, the Vatican City and State of Palestine, are also not members of the World Bank. Kosovo is not a member of the UN, but is a member of the International Monetary Fund [1] and the World Bank ...
Ajay Banga. Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December ...
Jennifer "DJ" Nordquist [1] is a public policy expert who served as the U.S. Executive Director of the World Bank, representing the U.S. as the largest shareholder at the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), and Multilateral Investment ...
Jim Yong Kim. Jim Yong Kim ( Korean : 김용; born December 8, 1959), also known as Kim Yong ( 김용 /金墉), is an American physician and anthropologist who served as the 12th president of the World Bank from 2012 to 2019. A global health leader, Kim was formerly the chair of the Department of Global Health and Social Medicine at Harvard ...