The World Bank's 25-member executive board on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2.
The Indian-born finance and development expert will be tasked with revamping the lender to tackle climate change and other global crises.
Banga, 63, was nominated for the post by US President Joe Biden in late February and was the sole contender to replace departing World Bank chief David Malpass, an economist and former US Treasury official during the Trump administration.
"Ajay Banga will be a transformative leader, bringing expertise, experience, and innovation to the position of World Bank President," Biden said in a statement.
"Ajay will also be integral in bringing together the public and private sectors, alongside philanthropies, to usher in the fundamental changes in development finance that this moment requires," he added.
Rescuers cleared the rubble in the Ukrainian capital Kyiv on Friday in a search for survivors, as flags were lowered to half mast to mark a day of mourning, a day after a Russian missile and drone attack killed at least 30 people.
A Ukrainian woman is the main suspect in a bomb attack that targeted a wealthy businessman in Monaco, officials said on Friday, adding that the suspect had fled to Germany and had likely not acted alone.
The World Health Organisation (WHO) announced on Thursday the launch of clinical trials for two potential treatments for the Ebola virus in the Democratic Republic of the Congo, with the first patient enrolled in the study.
India has issued notices to messaging platforms Telegram and Signal asking them to explain safeguards around features that allow users to post messages without revealing their phone numbers, a government source said.
Rebels in Indonesia's restive easternmost region of Papua on Thursday shot dead an American pilot and set a civilian plane on fire in what a spokesperson for a local separatist group described as a message to the US and Indonesian governments.
Russian forces attacked the Ukrainian capital Kyiv on Thursday, killing at least 10 people and wounding more than 50, as drones and missiles struck residential buildings in what Russia said was a retaliation for recent attacks on its civil infrastructure.
Firefighters were battling to bring a wildfire in the Aude region of southern France under control on Thursday, as the country grappled with the lingering effects of Europe's recent heatwave.
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Ukrainian rescuers clear rubble as Kyiv mourns 30 killed in Russian attack
Monaco blast suspect is a Ukrainian woman who fled to Germany
Clinical trials begin for two potential Ebola treatments
India issues notice to Telegram, Signal on concerns over usernames, source says
Blast at Damascus cafe kills nine, wounds 20
Rebels in Indonesia's Papua kill American pilot, burn plane
Russian air strikes kill 10, injure more than 50 in Ukraine's Kyiv
Firefighters battle wildfire in southern France
