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MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Ajaypal Singh Banga
Age : 59
Public asset : 54,135,175 USD
Country of residence : Unknown
Linked companies : Mastercard Inc

Summary 
Ajaypal S. Banga is a businessperson who founded Cyber Readiness Institute and who has been at the helm of 6 different companies. Mr. Banga is President, Chief Executive Officer & Director at Mastercard, Inc. and Chief Executive Officer for Mastercard International, Inc. (a subsidiary of Mastercard, Inc.).

He is also on the board of The American National Red Cross, Dow Wolff Cellulosics GmbH & Co. KG, U.S.-India Business Council (former Chairman) and The Business Council and Co-Chairman at The Partnership for New York City, Co-Chairman at American India Foundation, Member of Peter G. Peterson Institute for International Economics, Member of Council on Foreign Relations, Inc., Member of The Economic Club of New York, Member-International Business Council at Forum Mondial de L'Economie and Member of Weill Cornell Medical College.

Ajaypal S. Banga previously occupied the position of President at Citigroup North America, Inc., Member of US India CEO Forum, Chief Executive Officer-Asia Pacific at Citigroup, Inc., Principal at Nestlé India Ltd. and Marketing Director for PepsiCo India Holdings Pvt Ltd.

Ajaypal S. Banga received an undergraduate degree from the University of Delhi and an MBA from Indian Institute of Management.


Current positions of Ajaypal Singh Banga 
NameTitle Since
Mastercard Inc
(Internet Services)
President, Chief Executive & Operating Officer 2009
Mastercard International, Inc. Chief Executive Officer 2009
The Partnership for New York City Co-Chairman -
American India Foundation Co-Chairman 2016
The American National Red Cross Member-Governors Board 2014
Dow Wolff Cellulosics GmbH & Co. KG Director -
U.S.-India Business Council Director 2012
The Business Council Vice Chairman -
Council on Foreign Relations, Inc. Member -
The Economic Club of New York Member -
Forum Mondial de L'Economie Member-International Business Council -
Peter G. Peterson Institute for International Economics Member -
Weill Cornell Medical College Member -


Holdings of Ajaypal Singh Banga 
NameEquities%Valuation
MasterCard (MA)
Internet Services
282,0010.028%53,199,489 USD
DowDuPont Inc. (DWDP)
Diversified Chemicals
17,4960.0008%935,686 USD


Ajaypal Singh Banga : Personal Network 
NameLinked companies
Alan D. Schnitzer Council on Foreign Relations, Inc.
The Business Council
The Economic Club of New York
The Partnership for New York City
José Octavio Reyes Lagunes Mastercard Inc
Mastercard International, Inc.
Richard Davis Mastercard Inc
The American National Red Cross
Nancy J. Karch Mastercard Inc
Mastercard International, Inc.
Richard Haythornthwaite Mastercard Inc
Mastercard International, Inc.
Merit E. Janow Mastercard Inc
Council on Foreign Relations, Inc.
Walter M. MacNee Mastercard Inc
Mastercard International, Inc.
John Mack The Business Council
Forum Mondial de L'Economie
The Partnership for New York City
Weill Cornell Medical College
Rochelle B. Lazarus The Business Council
Council on Foreign Relations, Inc.
The Partnership for New York City
Inge Thulin Council on Foreign Relations, Inc.
Forum Mondial de L'Economie
The Business Council


Biography of Ajaypal Singh Banga 
Ajaypal Singh Banga is the current president and chief executive officer of MasterCard.
>

Career
Beginning his business career with Nestlé in 1981, Banga spent the next 13 years working in jobs spanning sales, marketing, and general management. He later joined PepsiCo and was involved in the launch of its international fast food franchises in India as the economy liberalized.

Prior to joining MasterCard, Banga spent 13 years at Citigroup from 1996 as part of the bank's senior management in the United States and Europe, Middle East, Africa regions before becoming chairman and chief executive officer of Citi's international global consumer group in 2005. He was also responsible for Citi's brand and marketing work across the entire company. Most recently, he was chief executive officer of Citi Asia Pacific, responsible for all of the company’s business lines in the region, including institutional banking, alternative investments, wealth management, consumer banking and credit cards. He was also a member of Citi's senior leadership and executive committees.

Banga serves on the board of Kraft Foods Inc. In addition, he is on the board of trustees of the Asia Society, Chairman of the US-India Business Council, is a member of the Council on Foreign Relations, The Financial Services Roundtable and The Economic Club of New York, and is a fellow of the Foreign Policy Association.

Banga was vice chairman of the board of trustees of the New York Hall of Science and a board member of the National Urban League. He was formerly a business sponsor of Citi's African heritage network – NYC.

Banga has a keen interest in social development issues, and over the period from 2005 to mid-2009, he spearheaded Citi's strategy in the microfinance sector across the world.>



Source @ Wikipedia



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Ajaypal Singh Banga : Connections 
University of Pennsylvania
Papalote Children's Museum


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