Ajay Banga

Indian American business executive,

Ajaypal Singh 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 vice chairman at General Atlantic,[4] and was before that executive chairman of Mastercard.[5][6]

Ajay Banga
President of the World Bank Group
Assumed office
June 2, 2023
Preceded byDavid Malpass
Personal details
Born
Ajaypal Singh Banga

(1959-11-10) November 10, 1959 (age 64)
Pune, India
CitizenshipIndian (1959–2007)
American (2007–present)
RelativesM. S. Banga (brother)
EducationSt. Stephen's College, Delhi (BA)
Indian Institute of Management, Ahmedabad (MBA)

Banga was elected President of the World Bank on May 3, 2023, after being nominated to the position in February 2023 by President Joe Biden.[7][8]

References

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  1. "Ajay Banga". Mastercard Incorporated. Retrieved February 11, 2021.
  2. "MasterCard CEO discusses diversity, technology, unpredictable world and personal incidents".
  3. Rappeport, Alan (2023-06-02). "Ajay Banga Era Begins at the World Bank". The New York Times. ISSN 0362-4331. Retrieved 2023-06-10.
  4. "Ajay Banga Joins General Atlantic as Vice Chairman". www.businesswire.com. 2021-12-01. Retrieved 2022-08-05.
  5. Reshmanth (April 6, 2015). "These CEOs of Indian Origin will make you feel proud". South Report. Retrieved May 22, 2017.
  6. "About Mastercard - Smart & Secure Payment Solutions". www.mastercard.com.
  7. Rappeport, Alan; Davenport, Coral (February 23, 2023). "U.S. Nominates Ajay Banga to Lead World Bank". The New York Times – via NYTimes.com.
  8. House, The White (February 23, 2023). "President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank". The White House.