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Ajay Banga

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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)
Punjabi (1959-present)
RelativesM. S. Banga (brother)
EducationGuru Nanak's College, Delhi (BA)
Indian Institute of Management, Ahmedabad (MBA)

Ajaypal Singh Banga (born November 10, 1959[1]) is an Indian-born Punjabi 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]

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

[change | change source]
  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.