February 24, 2023


WASHINGTON, D.C. - The U.S. Chamber of Commerce welcomes the nomination of Mr. Banga to this important position as a global leader in development finance. Mr. Banga has a stellar record as a successful businessman who has created jobs and growth, including in the developing economies served by the World Bank.

The World Bank Group is a vital institution in providing much-needed assistance to vulnerable and emerging markets. We trust that under Mr. Banga’s leadership, the World Bank will respond to crises by mobilizing the resources of multilateral institutions, engaging with the business community in devising its assistance programs, and shoring up sustainable growth by enabling markets.  

Mr. Banga has demonstrated his commitment to the private sector’s leading role in addressing global challenges. We look forward to continuing working with the World Bank and see Mr. Banga as the right choice in steering it to greater impact, efficiency, and agility.