Ajay Banga Bio | Wiki
Ajay Banga ( Full Name: Ajaypal Singh Banga) is a prominent Indian-born American business executive. As of now, he works as the president of the World Bank Group. On May 3, 2023, Ajay was elected the president having been nominated to the position in February 2023 by the Biden administration.
Previously, the business executive served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020. On December 31, 2021, he retired from this position to join General Atlantic. Furthermore, Ajay is also the chairman of the public-private Partnership for Central America with U.S. Vice President Kamala Harris and chairman of Netherlands-based investment holding company Exor. He 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.
Ajay Banga Age
He was born on November 10, 1959, in Pune, India. Ajay is 64 years old.
Ajay Banga Height
He is a man of average stature. Ajay stands at a height of 5 ft 10 in ( Approx. 1.78m ).
Ajay Banga Family
He was born in the Khadki Cantonment of Pune, Maharashtra, India to Harbhajan Singh Banga and Jaswant Banga. Harbhajan is a retired lieutenant general who served in the Indian Army. Ajay comes from a Saini Sikh family. Besides, he has an older sibling brother named M. S. Banga (Manvinder “Vindi” Singh Banga). He is a 69-year-old Indian-born British global business leader with experience in Board, CEO, and Chair roles.
Ajay Banga Wife
He is a married man. Ajay is blissfully hitched to his loving and caring wife Ritu Banga. She is a co-founder of a consulting firm called Zoomdojo. Prior to getting married, the two briefly had a relationship. Furthermore, she attended St. Stephen’s College in Delhi and graduated with a Bachelor of Arts Degree in Economics.
Moreover, she and her husband are passionate about the cause of global healthcare equity, and through a generous $5 million gift, the couple funded a Weill Cornell Medicine initiative to develop a fuller understanding of the specific health needs, challenges, and differences among diverse peoples worldwide.
Ajay Banga Daughter
He is a proud father of two amazing daughters. Ajay is the father to Jojo and Aditi Banga. His daughter Aditi married her husband Jonathan Schwartz in September 2018.
Ajay Banga Education
He was educated at St. Edward’s School, Shimla, as well as at the Hyderabad Public School in Hyderabad. Ajay then matriculated at St. Stephen’s College, Delhi, and graduated with a Bachelor of Arts Degree in Economics. Subsequently, he enrolled at the Indian Institute of Management, Ahmedabad, and earned his PGP in management (equivalent to MBA).
Ajay Banga World Bank | World Bank President
He was nominated by President of the United States, Joe Biden on February 23, 2023, to lead the World Bank. The international financial institution confirmed Ajay as its fourteenth president on May 3, 2023. Furthermore, he began his term on June 2nd, 2023. As the president, Ajay is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
Ajay Banga Mastercard CEO | Mastercard
Ajay, previously Mastercard’s chief operating officer (COO), was named president and chief executive officer (P&CEO) and a member of the board of directors in April 2010. He took over for Robert W. Selander, who had served as CEO since March 1997. Ajay was compensated $13.5 million in his first year.
During his tenure, he tripled revenue, sixfolded net income, and boosted market capitalization from less than $30 billion to more than $300 billion. In 2020, Ajay announced the formation of the Priceless Planet Coalition, a collection of over 100 companies that make corporate commitments to environmental preservation, as well as the announcement of Mastercard’s pledge to plant 100 million trees.
Ajay Banga House
As a successful business executive, he is sure to live in a luxurious house. However, Ajay has managed to keep confidential this matter at hand as a result of leading a very private lifestyle.
Ajay Banga Salary
He spawns his monthly earnings working as the president of the World Bank Group. Ajay pockets a salary of $1.2 million.
Ajay Banga Net Worth
Having been working as a business executive by profession for a total experience exceeding more than four decades now, he has managed to garner good affluence in his career thus far. Ajay’s net worth is $1.2 Billion.
Who Is Ajay Banga
He is a 64-year-old prominent Indian-born American business executive. As of now, he works as the president of the World Bank Group. On May 3, 2023, Ajay was elected the president having been nominated to the position in February 2023 by the Biden administration.
How Old Is Ajay Banga
He is 64 years old. Ajay was born on November 10, 1959, in Pune, India. Thus, he relishes and commemorates his birthday on November 10 every year.
How Tall Is Ajay Banga
He is a man of average stature who stands at a height of 5 feet 10 inches, approximately 1.78 meters.