Back Ajay Banga Afrikaans أجاي بانغا Arabic اچايپال سينج بانجا ARZ অজয় বংগা Assamese অজয় বাঙ্গা Bengali/Bangla Ajay Banga Welsh Ajay Banga German Ajay Banga Spanish آجای بانگا Persian Ajay Banga French
Ajay Banga | |
|---|---|
 Banga at the White House in 2023 | |
| President of the World Bank Group | |
| Assumed office June 2, 2023 | |
| Preceded by | David Malpass |
| Personal details | |
| Born | Ajaypal Singh Banga November 10, 1959 Poona, Bombay State, India |
| Citizenship | Indian (1959–2007) American (2007–present) |
| Relatives | M. S. Banga (brother) |
| Education | St. Stephen's College, Delhi (BA) Indian Institute of Management, Ahmedabad (MBA) |
Ajaypal Singh "Ajay" Banga (born November 10, 1959[1]) is an Indian-born American business executive.[2] He is currently the president of the World Bank Group.[3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.[4][5] He retired from this position on December 31, 2021, and joined General Atlantic as its vice chairman.[6]
Before being nominated to the World Bank, he was the chairman of Exor, the Netherlands-based investment holding company controlled by the Italian Agnelli Family,[7][8] and chairman of the public-private Partnership for Central America with U.S. Vice President Kamala Harris.[9][10]
Banga is the former chairman of the U.S.-India Business Council (USIBC) representing more than 300 of the largest international companies investing in India, and chairman of the International Chamber of Commerce.[11]
Banga was elected president of the World Bank on May 3, 2023, having been nominated to the position in February 2023 by the Biden administration.[12][13][14]
- ^ "Ajay Banga". Mastercard Incorporated. Retrieved February 11, 2021.
- ^ "MasterCard CEO discusses diversity, technology, unpredictable world and personal incidents".
- ^ Rappeport, Alan (2023-06-02). "Ajay Banga Era Begins at the World Bank". The New York Times. ISSN 0362-4331. Retrieved 2023-06-10.
- ^ Reshmanth (April 6, 2015). "These CEOs of Indian Origin will make you feel proud". South Report. Retrieved May 22, 2017.
- ^ "About Mastercard - Smart & Secure Payment Solutions". www.mastercard.com.
- ^ "Ajay Banga Joins General Atlantic as Vice Chairman". www.businesswire.com. 2021-12-01. Retrieved 2022-08-05.
- ^ "Exor appoints Ajay Banga as Chairman | EXOR". www.exor.com. Retrieved 2024-04-13.
- ^ "Exor Chairman Ajay Banga resigns Nitin Nohria to be proposed as new Chairman at AGM | EXOR". www.exor.com. Retrieved 2024-04-13.
- ^ "Partnership for Central America - Ajay Banga". Partnership for Central America. Retrieved 2023-02-23.
- ^ "President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank". The White House. 23 February 2023. Retrieved 2023-02-23.
- ^ "ICC elects Mastercard CEO Ajay Banga as new Chair". International Chamber of Commerce. 23 June 2020.
- ^ Cite error: The named reference
wbgwas invoked but never defined (see the help page). - ^ Rappeport, Alan; Davenport, Coral (February 23, 2023). "U.S. Nominates Ajay Banga to Lead World Bank". The New York Times – via NYTimes.com.
- ^ House, The White (February 23, 2023). "President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank". The White House.
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