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Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian American business executive. [2] He is the president of the World Bank Group . [ 3 ] He was the executive chairman of Mastercard , after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
Vindi was born in 1954 in Simla (then in the state of Punjab), the son of Lt.Gen. Harbhajan Singh Banga, of the Indian Army, and his wife, Jaswant. [1] His younger brother Ajay Banga is also a business executive. He earned a master in business administration from the Indian Institute of Management (IIM-A). [2]
Mallika Srinivasan established TAFE as a mass manufacturer of tractors. She led the company's growth to its present status with revenues in excess of Rs. 10,000 Crores with diverse interests in tractors, farm machinery, diesel engines, generators, engineering plastics, hydraulic pumps and cylinders, automobile franchises and plantations.
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 ...
Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial remarks that seemed to doubt the science of climate change. Many ...
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There was no shortage of stressors to the global economy when Ajay Banga took charge at the World Bank almost a year ago: inflation eating at nations drowning in debt, a once-in-a-generation ...