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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.
In 2023, a new president was appointed: Ajay Banga. His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action. [9] He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. [9]
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Banga knows that the World Bank’s work is a critical part of the picture, but he tries not to dwell on it. Getting the small things right first will eventually lead to big changes, he says.
India-born Banga will take on the role of executive chairman, while Miebach will become the company's president on March 1. Chairman Richard Haythornthwaite will retire after more than a decade ...
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Ajay Banga is President of the World Bank Group. Ajay Banga , Indian-born American business executive. He is currently the president of the World Bank Group and was before that 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
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