Please join us for a fireside chat with Ajay Banga, President of the World Bank Group on Tuesday, October 1, 2024 in Hauck Auditorium, Hoover Institution. Doors open at 3:00 pm PT.
Condoleezza Rice, Director of the Hoover Institution and 66th US Secretary of State, Arun Majumdar, Jay Precourt Professor and Dean of SDSS, and Peter Blair Henry, Class of 1984 Senior Fellow at Hoover, will conduct a fireside chat with President Banga on the importance of the World Bank leading "informed risk-taking" to catalyze blended (public and private) finance to fund investment in development and accelerate the energy transition.
Click here for additional information and to register.
ABOUT THE SPEAKERS
Ajay Banga began his five-year term as World Bank Group President on June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world. He was Honorary Chairman of the International Chamber of Commerce, serving as Chairman from 2020-2022. He became an advisor to General Atlantic’s climate-focused fund, BeyondNetZero, at its inception in 2021. Banga served as Co-Chair of the Partnership for Central America, a coalition of private organizations that works to advance economic opportunity across underserved populations in El Salvador, Guatemala, and Honduras. He was previously on the Boards of the American Red Cross, Kraft Foods, and Dow Inc. Ajay Banga is a co-founder of The Cyber Readiness Institute and was Vice Chair of the Economic Club of New York. He was awarded the Foreign Policy Association Medal in 2012, the Padma Shri Award by the President of India in 2016, the Ellis Island Medal of Honor and the Business Council for International Understanding’s Global Leadership Award in 2019, and the Distinguished Friends of Singapore Public Service Star in 2021.
Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and a Senior Fellow on Public Policy. She is the Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business. In addition, she is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm.
From January 2005 to January 2009, Rice served as the 66th Secretary of State of the United States, the second woman and first black woman to hold the post. Rice also served as President George W. Bush’s Assistant to the President for National Security Affairs (National Security Advisor) from January 2001 to January 2005, the first woman to hold the position.
Rice served as Stanford University’s provost from 1993 to 1999, during which time she was the institution’s chief budget and academic officer. As Professor of Political Science, she has been on the Stanford faculty since 1981 and has won two of the university’s highest teaching honors.
From February 1989 through March 1991, Rice served on President George H.W. Bush’s National Security Council staff. She served as Director, then Senior Director, of Soviet and East European Affairs, as well as Special Assistant to the President for National Security. In 1986, while an International Affairs Fellow of the Council on Foreign Relations, Rice also served as Special Assistant to the Director of the Joint Chiefs of Staff.
Arun Majumdar is the inaugural Dean of the Stanford Doerr School of Sustainability. He is the Jay Precourt Provostial Chair Professor at Stanford University, a faculty member of the Departments of Mechanical Engineering and Energy Science and Engineering, a Senior Fellow and former Director of the Precourt Institute for Energy and Senior Fellow (courtesy) of the Hoover Institution. He is also a faculty in Department of Photon Science at SLAC.
In October 2009, Dr. Majumdar was nominated by President Obama and confirmed by the Senate to become the Founding Director of the Advanced Research Projects Agency - Energy (ARPA-E), where he served until June 2012 and helped ARPA-E become a model of excellence and innovation for the government with bipartisan support from Congress and other stakeholders. Between March 2011 and June 2012, he also served as the Acting Under Secretary of Energy, enabling the portfolio of Office of Energy Efficiency and Renewable Energy, Office of Electricity Delivery and Reliability, Office of Nuclear Energy and the Office of Fossil Energy, as well as multiple cross-cutting efforts such as Sunshot, Grid Modernization Team and others that he had initiated. Furthermore, he was a Senior Advisor to the Secretary of Energy, Dr. Steven Chu, on a variety of matters related to management, personnel, budget, and policy. In 2010, he served on Secretary Chu's Science Team to help stop the leak of the Deep Water Horizon (BP) oil spill.
Peter Blair Henry is the Class of 1984 Senior Fellow at Stanford University’s Hoover Institution, senior fellow at Stanford’s Freeman Spogli Institute for International Studies, and dean emeritus of New York University’s Leonard N. Stern School of Business. The youngest person ever named to the Stern Deanship, Peter served as dean from January 2010 through December 2017 and doubled the school’s average annual fundraising. Henry is the former Konosuke Matsushita Professor of International Economics at the Stanford Graduate School of Business (2001–6), where his research was funded by a National Science Foundation CAREER Award, and he has authored numerous peer-reviewed articles in the flagship journals of economics and finance, as well as a book on global economic policy, Turnaround: Third World Lessons for First World Growth (Basic Books).
