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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.
Find out why Ajay Banga made the 2024 TIME100 Climate list. ... He has sought to integrate climate change into other development programs, from agriculture to education.
Ajay Banga: June 2, 2023–present United States Vice Chairman at General Atlantic; President and CEO of Mastercard: First World Bank Group president born in South Asia First World Bank Group president from India: References: [9]
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]
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 ...
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 ...
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]
World Bank President Ajay Banga said in a statement that IDA will be able to stretch the new pledges further because of work done to optimize the development lender's balance sheet over the past ...