Ajay Banga children-Indian-American business executive, Ajaypal Banga was born on November 10th, 1959 in Khadki Cantonment of Pune, Bombay State in India.
His ancestors are from the Punjabi city of Jalandhar. His father, retired lieutenant general Harbhajan Singh Banga, served in the Indian Army. He is M. S. Banga, a bus inessman younger’s brother.
Banga attended the Hyderabad Public School in Hyderabad as well as St. Edward’s School in Shimla for his education. Afterward, he earned an Economics Bachelor of Arts (Honors) from St. Stephen’s College in Delhi, followed by an MBA-equivalent PGP in management from the Indian Institute of Management in Ahmedabad.
Ajay Banga’s Career
In 1981, Banga started his business career with Nestlé, and during the next 13 years, he held positions in sales, marketing, and general management.
After joining PepsiCo, he took part in the opening of the company’s international fast-food franchises in India when the country’s economy opened up.
Banga, who has a deep interest in social development concerns, was in charge of developing Citi’s global microfinance strategy from 2005 to mid-2009.
He was chosen to succeed Paul Polman as chairman of the International Chamber of Commerce (ICC) in 2020. From June 2018, he had been the ICC’s First Vice-Chair.
Banga, who served as Mastercard’s chief operating officer (COO), was named president and chief executive officer (effective July 1, 2010) and a member of the board of directors in an announcement made in April 2010.
Robert W. Selander, who had served as CEO since March 1997, was succeeded by Banga. Banga started working at General Atlantic as Vice Chairman on January 1, 2022.
He received the American Vice President Joe Biden’s nomination to manage the World Bank on February 23, 2023. President Barack Obama appointed Banga to the President’s Advisory Council for Trade Policy and Negotiations in February 2015.
Who are Ajay Banga’s children?
Banga has two children, Aditi Banga and Jojo Banga.
Ajay Banga children: Aditi Banga
Aditi Banga is a digital strategist and the daughter of Ajay Banga, the CEO of Mastercard. With her impressive educational background from Harvard College and Stanford Graduate School of Business, Aditi has made a name for herself in the tech industry.
Ajay Banga children: Jojo Banga
Jojo Banga was born in 1991 in the United States of America to Ritu Banga and Sikh businessman, Ajaypal Singh Banga. She attended the prestigious Harvard College for undergraduate studies in 2009. She graduated Magna Cum Laude with high honors in 2013.
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