Ajay Banga is Chairman at Mastercard Inc. See Ajay Banga's compensation, career history, education, & memberships. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. © 2021 Forbes Media LLC. It’s coming quickly and it’s lucrative for all concerned because it is valuable and existential. When Banga, 60, steps down in January, he leaves a legacy that few of his competitors could emulate. Meet the robots of CES 2021, ones that will pour you a glass of wine, soar you across the sky and land firmly on the moon. In the decade that Ajay Banga has led Mastercard from being a ‘card company’ to one that earns close to half its revenue from emerging payment tech areas, cyber security and data analytics. Mastercard announced that company president and chief executive officer Ajay Banga will transition to the role of executive chairman of the Board of Directors of Mastercard Incorporated. Banga’s family hails from Jalandhar in Punjab but he grew up in army bases all across India, attending schools in Secunderabad, Jalandhar, Delhi, Hyderabad and finally in Shimla, where he finished his high school education. In 2009, he joined MasterCard Incorporated, and took over as the company’s president and CEO, effective from July 1, 2010, replacing the former CEO Robert W. Selander. His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. Having spent the next 13 years with the company, he later worked for PepsiCo and Citigroup. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Ajay Banga Education: His primary education was completed at the Hyderabad Public School in Begumpet. President Biden is starting with 49 vacant judgeships, compared to the nearly 120 that Trump inherited four years ago. An entirely India-educated financial analyst, Mr. Ajaypal Singh Banga, known as Ajay Banga is the current president and CEO of MasterCard Inc, the ubiquitous financial company. Ajay is also the chairman of the US Indian Business Council (USIBC). The Senate is now split 50-50, with Vice President Harris casting tiebreaker votes. After this, he worked for PepsiCo for two years and led the company in launching its fast food franchises in India during the economic liberalisation of the country in the 1990s. Mastercard announced in April 2010 that Banga, previously its president and chief operating officer, would become president and chief executive officer, effective July 1, 2010, and a member of the board of directors, effective immediately. 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. In mid-2010, he became the CEO and a member of the board of directors of Mastercard, moving up from COO. After he received his MBA degree from the Indian Institute of Management, Ahmedabad, he began his professional career at Nestlé in 1981. 503 likes. He succeeded Robert W. Selander in July, 2010, who had been MasterCard’s chief executive officer since March 1997. A look at the latest AI innovations showcased at CES 2021 by Samsung, LG, Softbank, Verizon, Sony, GM and Bosch. He is the son of Harbhajan Singh Banga, a retired army officer, and was brought up in a traditional family with his older brother Manvinder Singh Banga, who is also well known as CEO of equity fund Clayton Dubilier Rice. All Rights Reserved. I think about the good we can do if we act together. Lyons says it’s a comfort to have a CEO who is committed to technology: “We have the right guy driving the bus.” Ajay Banga MasterCard CEO Ajay Banga stands in the atrium of … Ajaypal “Ajay” Singh Banga (born 1960) is an Indian-American business executive. M. Abla and A.K. Aditi Banga and Jonathan Ross Schwartz were married Sept. 8 at the David H. Koch Theater at Lincoln Center in New York. 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. https://newsroom.mastercard.com/photos/photo-ajay-banga-president-and-ceo-mastercard/, https://www.ndtv.com/indians-abroad/brack-obama-appoints-mastercard-ceo-ajay-banga-to-key-administration-post-1395439. It was one of the few traditional moves by Trump on his way out. Professor and Department Chair. View AJAY BANGA’S profile on LinkedIn, the world's largest professional community. Ajay Banga is president and chief executive officer of Mastercard and a member of its board of directors. Roger Federer is expected to make his much-anticipated return at the tennis tournament in Qatar ExxonMobil Open in Doha which runs March 8-13, according to Richard Krajicek. Check out our Digital Press Kit for more information on MasterCard's efforts to enhance He also served as one of the members of President Obama’s Commission on Enhancing National Cybersecurity. Currently working as Head of Sales and Marketing My ultimate goal is to provide a platform for people to excel in their career. P. Jain and A. Banga, Induction and inhibition of crystallization in drug-in-adhesive-type transdermal … Ajaypal Banga started his business career in 1981 with Nestlé, where he spent the next 13 years of his life, holding various positions in different fields including sales, marketing, and general management. Ajaypal Banga was born in 1960 in Khadki, a small town near the city of Pune, Maharashtra in India in a Saini Sikh family. In July 2010, he was appointed to his current position at MasterCard. Banga also made Lyons, seen as a star within the company, MasterCard’s chief innovation officer. These newly sworn-in officials have made history. When the pandemic hit, Mastercard’s chief executive, Ajay Banga, made a promise to the company’s 19,000 employees: There would be no layoffs as a … Ajaypal "Ajay" Singh Banga (born 1960) is an Indian-American business executive. Conor McGregor and Dustin Poirier meet in the main event of Saturday's UFC 257 pay-per-view card. In February 2015, then US President Barack Obama formally accepted him as a member of the President's Advisory Committee for Trade Policy and Negotiations. Adobe CEO Shantanu Narayen and Mastercard CEO Ajay Banga have been named by Fortune among the Businessperson of the Year 2020, a list topped by Tesla CEO Elon Musk. He will become executive chairman of the board of directors on January 1, 2021. Dithering puts the Navy's prized Constellation Frigate Program at risk. Ajay K. Banga, Ph.D. Department of Pharmaceutical Sciences College of Pharmacy & Health Sciences Mercer University, 3001 Mercer University Drive, Atlanta, GA 30341 _____ Education: Ajay Kumar Yadav Bangaru | Hyderabad, Telangana, India | Head - Marketing and Sales at Middle Earth HR | 500+ connections | View Ajay Kumar Yadav's homepage, profile, activity, articles On Thursday the UFC holds a press conference for the event. The incoming Biden Administration will receive bipartisan praise if it moves quickly to kill the ship. Also Known As: Ajaypal Singh Banga, Ajay Banga, Notable Alumni: IIM Ahmedabad, University Of Delhi, education: University of Delhi, Indian Institute of Management Ahmedabad. Ajaypal Singh Banga Net Worth $1.2 Billion. Dr. Ajay K. Banga is Professor and Chair in the Department of Pharmaceutical Sciences at the College of Pharmacy and Health Sciences, Mercer University, Atlanta, GA. In 2015, President Barack Obama appointed him to the President's Advisory Committee for Trade Policy and Negotiations. © 2021 Forbes Media LLC. Ajay Banga is chief executive officer of Mastercard and a member of its board of directors. The US president Barack Obama has appointed Indian-American CEO Ajay Banga as a new member of the Advisory Committee for Trade Policy and Negotiations. Born in India, Ajaypal Banga began his career at Nestle and moved on to PepsiCo, where he helped launch its India-based fast food franchises. Curiously, it has turned out not one, not two, but three CEOs of famous companies, with the other two being Shantanu Narayen and Satya Nadella at the heads of Adobe and Microsoft respectively. Immediately after he was sworn in, the Biden administration started making changes. About. Fast forward ten years and you’ll see it clearly in retrospect. Ajay is a co-founder of The Cyber Readiness Institute, chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. He received his primary education from the prestigious Hyderabad Public School in Begumpet. Mr. Banga is a member of the U.S. President’s Advisory Committee for Trade Policy and Negotiations and is a founding Trustee of the U.S.-India Strategic Partnership Forum. His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Ajay Banga, President and Chief Executive Officer, MasterCard, thanks bKash, BRAC Bank and Western Union for their invaluable collaboration and support of the increasing importance of financial inclusion, as we move towards a World Beyond Cash. During his tenure there, he also held various other positions in senior management in the United States, Asia Pacific, Europe, Middle East and Africa. AJay Yadav Bangaru. The former president has reportedly discussed starting a new political party with close advisers in recent days. He is the president and chief executive officer (CEO) of Mastercard. See the complete profile on LinkedIn and discover AJAY’S connections and jobs at similar companies. Curated profile of Ajay Banga, President and Chief Executive Officer, MasterCard including career history, news and intelligence, portfolio companies and investments. Ajay Banga is president and chief executive officer of Mastercard and a member of its board of directors. Banga is an active member of the U.S.-India CEO Forum and a chairperson of the board of directors of the American India Foundation and the Partnership for New York City. A long-time trailblazer for women in the NFL, Sarah Thomas will serve as a down judge on referee Carl Cheffers’ crew at Super Bowl LV in Tampa, Florida. Mastercard announced in April 2010 that Banga, previously its president and chief operating officer, would become president and chief executive officer, effective July 1, 2010, and a member of the board of directors, effective immediately. Banga, Quantification of skin penetration of antioxidants of varying lipophilicity, International Journal of Cosmetic Science, 35 (1) (2013) 19-26. Prior to joining MasterCard, Banga was employed as the chief executive officer of Citigroup Asia Pacific. He has a keen interest in social development issues and was named the 4 th “Most Powerful Indian” in the world. 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