Ajay Banga Becomes World Bank's 14th President
Ajay Banga born as Ajaypal Singh Banga on November 10, 1959 in Pune, Maharashtra. He is 63 years old.
Ajay Banga did his schooling in Shimla and Hyderabad. He is an Arts graduate (Honours) with a degree in Economics and PGP in Management from IIM-A
Ajay Banga most recently served as Vice Chairman at General Atlantic. He was previously the President and CEO of Mastercard.
Photo Credit: The MasterCard Inc. logo on a smartphone arranged in Saint Thomas, Virgin Islands, United States, on Friday, Jan. 22, 2021. Mastercard Inc. is scheduled to release earnings figures on January 28. Photographer: Gabby Jones/Bloomberg
Ajay Banga served as Honorary Chairman of the International Chamber of Commerce from 2020-2022.
Ajay Banga received Padma Shri award in 2016, India's third highest civilian award.
Ajay Banga was nominated for President of the World Bank by the US President Joe Biden in February 2023
Ajay Banga was selected as the President of the World Bank by its executive directors for a five-year term starting June 2. He is the first-ever Indian-American to start the tenure as President of World Bank
Photo Credit: Ajay Banga, president and chief executive officer of MasterCard Inc., reacts during a Bloomberg Television Interview on the sidelines of the Bloomberg New Economy Forum in Singapore, on Tuesday, Nov. 6, 2018. The New Economy Forum, organized by Bloomberg Media Group, a division of Bloomberg LP, aims to bring together leaders from public and private sectors to find solutions to the world's greatest challenges.