Exor Chairman Ajay Banga Resigns; Nitin Nohria to be Proposed as New Chairman at AGM
02 May 2023 - 7:11PM
Exor Chairman Ajay Banga Resigns; Nitin Nohria to be Proposed
as New Chairman at AGM
The Chairman and Senior non-executive director of
Exor, Ajay Banga, has submitted his resignation today following his
nomination as the next President of the World Bank.
As previously announced, Nitin Nohria will be
proposed as Exor's new Chairman at the next Annual General Meeting
of the Company which will take place on Wednesday 31st May
2023.
Exor CEO John Elkann will act as interim
Chairman until Mr. Banga's successor is nominated.
“I would like to take this opportunity to
thank Ajay for the considerable contribution he has made to Exor
and to our thinking on how to build great companies”, commented
John Elkann, “We wish him well in his new
and critical role for our world”.
- Exor Press Release - Resignation Ajay Banga
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