Ajay Banga’s Biography
Indian-American business executive, Ajaypal Singh Banga was born on November 10th, 1959 in Khadki Cantonment of Pune, Bombay State in India.
His ancestors are from the Punjabi city of Jalandhar. His father, retired lieutenant general Harbhajan Singh Banga, served in the Indian Army. He is M. S. Banga, a businessman younger’s brother.
Banga attended the Hyderabad Public School in Hyderabad as well as St. Edward’s School in Shimla for his education. Afterward, he earned an Economics Bachelor of Arts (Honors) from St. Stephen’s College in Delhi, followed by an MBA-equivalent PGP in management from the Indian Institute of Management in Ahmedabad.
Ajay Banga’s Nationality
Banga was born in Khadki cantonment of Pune, Bombay State in India. However, per sources online, he is an Indian-American.
Ajay Banga’s Net Worth
Banga has a net worth estimated to be about $143 million.
Where is Ajay Banga from?
Banga hails from Khadik cantonment of Pune, Bombay State in India.
How old is Ajay Banga?
Banga was born on November 10th, 1959, hence he is currently 63 years of age.
Ajay Banga’s Height & Weight
Banga stands at a height of 1.78m tall and weighs 75kg.
Ajay Banga’s Education
Banga attended the Hyderabad Public School in Hyderabad as well as St. Edward’s School in Shimla for his education. Afterward, he earned an Economics Bachelor of Arts (Honors) from St. Stephen’s College in Delhi, followed by an MBA-equivalent PGP in management from the Indian Institute of Management in Ahmedabad.
Ajay Banga’s Career
In 1981, Banga started his business career with Nestlé, and during the next 13 years, he held positions in sales, marketing, and general management.
After joining PepsiCo, he took part in the opening of the company’s international fast-food franchises in India when the country’s economy opened up.
Banga, who has a deep interest in social development concerns, was in charge of developing Citi’s global microfinance strategy from 2005 to mid-2009.
He was chosen to succeed Paul Polman as chairman of the International Chamber of Commerce (ICC) in 2020. From June 2018, he had been the ICC’s First Vice-Chair.
Banga, who served as Mastercard’s chief operating officer (COO), was named president and chief executive officer (effective July 1, 2010) and a member of the board of directors in an announcement made in April 2010.
Robert W. Selander, who had served as CEO since March 1997, was succeeded by Banga. Banga started working at General Atlantic as Vice Chairman on January 1, 2022.
He received the American Vice President Joe Biden’s nomination to manage the World Bank on February 23, 2023. President Barack Obama appointed Banga to the President’s Advisory Council for Trade Policy and Negotiations in February 2015.
Ajay Banga’s Marital Status
Banga is married to Ritu Banga.
Ajay Banga’s Family & Siblings
Banga was born to Harbhajan Singh Banga and Jaswant Banga. He shares the same parents with his elder brother named Manvinder “Vindi” Singh Banga.
Why is Ajay Banga famous?
Banga is currently Vice Chairman at General Atlantic. He was 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. He retired from this position on December 31, 2021 to join General Atlantic.
Ajay Banga’s Children
Banga has two children, Aditi Banga and Jojo Banga.
Ajay Banga’s Social Media
We do not have details about Banga’s social media accounts at the moment.
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