World Bank's Banga Named to Gaza Peace Rebuilding Board

A major step toward peace in Gaza is underway with the formation of an international Board of Peace dedicated to rebuilding and revitalizing the war-torn region.

World Bank President Ajay Banga has been appointed to lead one of the key portfolios on the founding Executive Board. He joins U.S. Secretary of State Marco Rubio, former UK Prime Minister Tony Blair, and other leaders with expertise in diplomacy, development, and economic strategy.

The Board of Peace will oversee critical areas including governance building, regional relations, reconstruction efforts, and investment attraction. Each member brings decades of experience in their respective fields to help stabilize Gaza and create opportunities for long-term prosperity.

The initiative is part of a comprehensive 20-point plan that calls for an immediate end to hostilities when both sides agree. Military operations would suspend, and Israeli forces would withdraw to agreed-upon lines to prepare for hostage releases.

Beyond security, the plan includes an ambitious economic development vision. International experts will work together to transform Gaza using successful models from other regions, with proposals for special economic zones offering preferential trade access.

The framework emphasizes choice and opportunity for Gaza's residents. No one will be forced to leave, and those who wish to stay will receive support to build better lives and create thriving communities.

Major General Jasper Jeffers will command an International Stabilization Force to ensure security and enable safe delivery of humanitarian aid. His role includes supporting demilitarization efforts and protecting reconstruction workers.

The Ripple Effect

This coordinated international approach represents a shift toward solutions-focused peacebuilding. By bringing together financial expertise, diplomatic experience, and regional knowledge, the board aims to create sustainable change that extends beyond immediate reconstruction.

The combination of immediate security measures with long-term economic opportunity offers a pathway many experts believe could break cycles of conflict. Investment in infrastructure and job creation gives people tangible reasons to choose stability over violence.

Additional board members from Arab nations and the international community will be announced in coming weeks, further broadening the coalition working toward Gaza's future. This growing partnership demonstrates global commitment to turning the page on decades of suffering.

The initiative marks a concrete step forward after years of failed peace attempts, offering both practical security frameworks and economic hope for millions affected by the conflict.