 Israeli Prime Minister Benjamin Netanyahu has won a fifth term in office. His closest opponent’s party the Blue and White party conceded defeat, clearing the path for Netanyahu to set up a coalition government. Netanyahu is now set to be the longest-serving prime minister in Israeli history even longer than David Ben-Gurion, the country’s first prime minister, who’s often described as “Israel’s George Washington.” |
| Source: Aljazeera |
 Justice Vikram Nath, the senior most judge of Allahabad High Court, was appointed as the first Chief Justice of the newly-constituted Andhra Pradesh High Court. The Collegium of Supreme Court comprising of Chief Justice of India Ranjan Gogoibesides Judges S A Bobde and N V Ramana recommended the name of Justice Vikram Nath. |
| Source: Business Standard |
 Algeria’s parliament confirmed Abdelkader Bensalah as the new interim president of the country, following resignation by the ailing Abdelaziz Bouteflika. Bouteflika’s resignation, fuelled by protests that have lasted over a month, means Algeria has a new president for the first time in 20 years. |
| Source- The Guardian |
 SUN Group Chairman Vikramjit Singh Sahney elected as the new president of International Chamber of Commerce (ICC) – India. He stated that the chamber would work with the government to promote India’s external trade. |
| Source: Business Standard |
 The government has announced that Karnam Sekar (MD and CEO of the erstwhile Dena Bank) will take over as MD and CEO of Indian Overseas Bank from July 1. His term will end in June 2020. Also, R A Sankara Narayanan (former MD and CEO of Vijaya Bank) will move to Canara Bank as MD and CEO. His term will end in January 2020. |
| Source- The Hindu Business Line |
 David Malpass has been appointed as the President of the World Bank. He was US President Donald Trump’s nominee and won unanimous approval from the institution’s executive board. He has replaced Former World Bank President Jim Yong Kim who left in January 2019. Malpass was former Bear Stearns and Co chief economist who advised Trump’s 2016 election campaign.
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| Source- The Hindu |
 CS Rajan has been appointed Managing Director while Vineet Nayyar named as Executive Vice-Chairman of Infrastructure Leasing & Financial Services (IL&FS). Rest of the new board comprises of Bijay Kumar as the deputy managing director and GC Chaturvedi, Nand Kishore, Malini Shankar, and N Srinivasan as non-executive directors. |
| Source: Money Control |
 Chicago has created history by electing an African-American woman as its mayor for the first time. Lori Lightfoot, a 56-year-old former federal prosecutor and practicing lawyer won the city’s mayoral race by a huge margin. Lightfoot will take over office from Mayor Rahm Emanuel. Lightfoot’s primary proposals include increasing access to affordable housing, creating an office of public safety to reduce crime and reform policing, and pushing through a real estate transfer tax to help combat homelessness. |
| Source- News on AIR |
 Vipin Anand has taken charge as Managing Director of Life Insurance Corporation of India. Prior to this, he was in charge of LIC’s Western Zone, headquartered at Mumbai. During his service of more than 35 years with the organisation, Anand has handled several assignments in various capacities and departments across different locations in India. |
| Source- The Hindu |
 Algeria’s President Abdelaziz Bouteflika has resigned from the post with immediate effect, ceding power in the face of massive street protests against his 20-year rule. Bouteflika has come under mounting pressure to step down since his decision to seek a fifth term despite rarely being seen in public after suffering a stroke in 2013. |
| Source- DD News |
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