Redefiners

The Urgent Race to Create 800 Million Jobs: World Bank President Ajay Banga’s Global Challenge

19 Nov 2025

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Roughly 1.2 billion young people will reach working age in developing countries over the next 10-15 years. However, current projections show that only 420 million jobs are expected to be created by that time, meaning millions of young people will be left without a clear path to employment. World Bank President Ajay Banga joins Clarke Murphy and Marla Oates on Redefiners to talk about what the Bank is doing about it, and why job creation is so critical to both developing countries and the global economy. Ajay talks about what he’s doing to transform the 80-year old institution into a faster, more efficient, and more impactful partner in development, including partnering more with the private sector to increase investments in emerging markets. He also discusses what he calls the Decency Quotient and how leaders can tap into that in order to lead people with a hand on their back, not in their face. We’ll also hear from Rebecca Hart, a leadership advisor in our Atlanta office, who will discuss why the most successful leaders prioritize curiosity over having all the answers. Four things you’ll learn from this episode: How to get everyone aligned with a bold mandate, mission and vision and how to deal with challenging feedback Why job creation is a critical piece in global development Why the private sector is critical to international development What the Decency Quotient is and why it matters for leaders today If you enjoyed this episode, you might also like these Redefiners episodes: Music with a Mission: Former MTV International Chairman and CEO Bill Roedy on Leading with Purpose Leadership Lounge: Built to Last or Built to Learn: How Leaders Can Develop Resilience Action Creates Hope: A Conversation with IRC President and CEO David Miliband Leadership Lounge: From Firefighting to Future-Building: How Leaders Can Master Perpetual Transformation Thriving Through Adversity: How WTO’s Dr. Ngozi Okonjo-Iweala is Solving Global Problems Leadership Lounge: Beyond Handshakes: How to Build Trust and Transform Executive Team Performance

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The Urgent Race to Create 800 Million Jobs: World Bank President Ajay Banga’s Global Challenge

This episode hasn't been transcribed yet

Other episodes from Redefiners

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