If Ajay Banga is confirmed as the president of the World Bank — as it’s likely since he is the only candidate in the running — he will step into an impossible job: of the past four presidents, all but one resigned from the job before his term ended.
Why is this job so hard? Because it's actually five jobs rolled into one. The tasks and requirements of a good World Bank president are to:
• Manage a lending portfolio of over $200 billion, which requires finance executive skills.
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About the author
Shyam Sundaram
Shyam Sundaram is a partner at Dalberg Advisors and director of the Washington, D.C. office, where he leads the global talent & leadership practice area. Before joining Dalberg, Shyam worked with the World Bank Group, focusing on disaster risk management in the Middle East and North Africa region. He consulted for the Inter-American Development Bank and has worked with a number of NGOs in the conflict resolution sector, including the International Crisis Group.
