• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • World Bank Annual Meetings 2023

    Banga vows to improve World Bank before asking for a capital increase

    The World Bank needs to get "better" before it gets "bigger," Ajay Banga said, kicking off the annual meetings. The president laid out priorities: focusing on impact, crowding in private sector finance, and the bank’s efficiency.

    By Sophie Edwards // 11 October 2023

    Related Stories

    Exclusive: World Bank president announces restructuring in staff email
    Exclusive: World Bank president announces restructuring in staff email
    World Bank’s Ajay Banga defends climate strategy ahead of Spring Meetings
    World Bank’s Ajay Banga defends climate strategy ahead of Spring Meetings
    Special edition: What to expect from the World Bank-IMF annual meetings
    Special edition: What to expect from the World Bank-IMF annual meetings
    For World Bank President Ajay Banga, all roads lead to jobs
    For World Bank President Ajay Banga, all roads lead to jobs

    Ajay Banga promised to deliver a “better bank,” before asking shareholders for a “bigger bank,” the World Bank’s new president said during a press conference to kick off the annual meetings in Morocco.

    Banga stayed on message during his opening remarks on Tuesday, hammering home the same points he made during interviews leading up to the World Bank-International Monetary Fund gathering in Marrakech.

    His main points:

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in
    • Banking & Finance
    • Funding
    • Private Sector
    • Trade & Policy
    • World Bank Group
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Sophie Edwards

      Sophie Edwards

      Sophie Edwards is a Devex Contributing Reporter covering global education, water and sanitation, and innovative financing, along with other topics. She has previously worked for NGOs, and the World Bank, and spent a number of years as a journalist for a regional newspaper in the U.K. She has a master's degree from the Institute of Development Studies and a bachelor's from Cambridge University.

    Search for articles

    Related Stories

    World BankExclusive: World Bank president announces restructuring in staff email

    Exclusive: World Bank president announces restructuring in staff email

    World BankWorld Bank’s Ajay Banga defends climate strategy ahead of Spring Meetings

    World Bank’s Ajay Banga defends climate strategy ahead of Spring Meetings

    Devex NewswireSpecial edition: What to expect from the World Bank-IMF annual meetings

    Special edition: What to expect from the World Bank-IMF annual meetings

    World Bank annual meetings 2025For World Bank President Ajay Banga, all roads lead to jobs

    For World Bank President Ajay Banga, all roads lead to jobs

    Most Read

    • 1
      How local entrepreneurs are closing the NCD care gap in LMICs
    • 2
      Exclusive: World Bank president announces restructuring in staff email
    • 3
      Opinion: Health at the crossroads — a call to action for global leaders
    • 4
      Major foundation pauses grants to US, citing unclear policy changes
    • 5
      Uncertainty ‘new normal’ as World Bank, IMF meet amid aid cuts, discord
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement