World Bank Group President, Ajay Banga, announced the appointment in a statement issued on Wednesday, September 16, 2026, bringing one of the world’s leading development economists into the institution’s senior leadership.
The Minister of Marine and Blue Economy, Adegboyega Oyetola, stated this on Thursday at the 2026 graduation ceremony of the Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State, where 314 cadets graduated.