China Business News 02-23 23:57206
Author: Gao Ya Feng Difan Editor in charge: Feng Difan
https://www.yicai.com/news/101684080.html
Anjie Peng was born in India, received university education in India, and is an Indian-American.
On the 23rd, the White House issued a statement stating that U.S. President Joe Biden announced that the U.S. nominated Ajay Banga, former chairman and CEO of MasterCard, as the next president of the World Bank (hereinafter referred to as the “World Bank”).
Anjie Peng was born in India, received university education in India, and is an Indian-American.
On the 22nd local time, the Executive Board of the World Bank Group held a meeting under the chairmanship of Davis Davis to discuss the selection process for the next president of the World Bank Group.
Candidate nominations will open at 9:00 a.m. EST on Thursday, February 23, 2023 and will end at 6:00 p.m. . Candidates must be nationals of Bank member countries, and Executive Directors are strongly encouraged to nominate female candidates.
According to a reporter from China Business News, after 6:00 p.m. on Wednesday, March 29, 2023, the nomination period will close, and then the executive director of the World Bank will decide on a short list of up to three candidates, and will announce the shortlisted candidates after obtaining the consent of the individual. person name.
Screenshot of the White House statement
Biden administration nominates Anjie Peng
Angie Peng is a business leader with extensive experience leading some of the most successful organizations in developing countries and building public-private partnerships to address financial inclusion and climate change, the White House said in a statement.
The statement said: “Anjie Peng has the unique ability to lead the World Bank at this critical historical moment. He has spent more than three decades building and managing successful global companies, creating jobs and bringing investment to developing economies. Organizations through periods of fundamental change. He has a proven track record of managing people and systems, and working with global leaders around the world to achieve results.”
The statement also said: “Pang Anjie also has important experience in mobilizing public and private resources to address the most pressing challenges of our time, including climate change . A unique insight into how the Bank can achieve its ambitious agenda of reducing poverty and expanding prosperity.”
Anjie Peng is currently the vice chairman of General Atlantic, a private equity fund. Previously, he served as President and CEO of Mastercard, where he led the company’s strategic, technological and cultural transformation.
The source of Anjie Peng’s personal resume during his time at MasterCard: MasterCard’s website
Over the course of his career, Anjie Peng has become a global leader in technology, data, financial services and inclusive innovation. He is the Honorary President of the International Chamber of Commerce for the 2020-2022 term. He is also the chairman of Exor, Italy’s largest private industrial and commercial group, and an independent director of Temasek. In 2021, when BeyondNetZero, a climate fund of the US general Atlantic investment group, was launched, he became an advisor to the fund. He also previously served on the boards of the American Red Cross, Kraft Foods and Dow Corporation.
As co-chair of the Central American Partnership (PCA), Angie Peng worked closely with US Vice President Kamala Harris. Anjie Peng is a member of the Trilateral Commission, a founding director of the U.S.-India Strategic Partnership Forum, a former member of the National Committee on U.S.-China Relations, and honorary chairman of the American India Foundation.
He is co-founder of The Cyber Readiness Institute, vice-chairman of the Economic Club of New York, and served on President Obama’s “Strengthening the Nation’s Cybersecurity” committee. He is a past member of the US President’s Advisory Council on Trade Policy and Negotiations.
Angie Peng received the Foreign Policy Association Medal in 2012, the Padma Shri from the President of India in 2016, the Ellis Island Medal of Honor and the Business Council for International Understanding Global Leadership Award in 2019, and was awarded the Singapore Outstanding Friends public service star.
President Selection Criteria
Previously, World Bank President Malpass announced on February 15 that he would step down on June 30, 2023.
This time, the Executive Board of the World Bank Group reaffirmed its commitment to an open, merit-based and transparent selection process for the next president. Criteria: first, proven leadership and track record, especially in the area of development; second, experience managing a large institution with international reach and familiarity with the public sector; third, ability to articulate development The ability to have a clear vision of the mission; fourth, a strong commitment to and appreciation for multilateral cooperation; and fifth, effective communication and diplomatic skills, and an impartial and objective attitude in the performance of responsibilities.
According to regulations, the World Bank’s executive board will conduct formal interviews with all shortlisted candidates, and it is expected that a new president will be elected in early May 2023.
It is reported that there are currently five candidates on the circulating list: US Agency for International Development (USAID) Administrator Samantha Power, Rockefeller Foundation Chairman Rajiv Shah, Climate Investment Fund (CIF) Mafalda Duarte, Gayle Smith, chief executive of ONE, which aims to fight poverty and preventable disease, and Iweala, director-general of the World Trade Organization (WTO). All of them, except Shah, are women. First financial advertising cooperation,
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