Ajaypal Banga Biography
(Indian-American Business Executive and Vice Chairman at ‘General Atlantic’)
Born In: Khadki, Pune, India
Ajaypal "Ajay" Singh Banga is an Indian-American business executive currently affiliated with MasterCard Incorporated as its president and Chief Executive Officer (CEO). He is also the co-chairman of American India Foundation, a member of Council on Foreign Relations, Inc., Peter G. Peterson Institute for International Economics, The Economic Club of New York, US India CEO Forum, Weill Cornell Medical College, and International Business Council at World Economic Forum. An army brat, Banga spent his early years in different cities all over India. After he received his MBA degree from the Indian Institute of Management, Ahmedabad, he began his professional career at Nestlé in 1981. Having spent the next 13 years with the company, he later worked for PepsiCo and Citigroup. In July 2010, he was appointed to his current position at MasterCard. In recognition of his illustrious career, Banga has received several accolades, including the Indian civilian honour Padma Shri, which the Government of India conferred on him in 2016.