Ajay Banga

Ajay Banga

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'''Ajaypal Singh "Ajay" Banga''' (born November 10, 1959{{cite web |title=Ajay Banga |url=https://investor.mastercard.com/corporate-governance/board-of-directors/person-details/default.aspx?ItemId=69055b98-d74b-4715-8b6f-87a385930985 |publisher=Mastercard Incorporated |access-date=February 11, 2021}}) is an [[Indian Americans|Indian-American]] business executive, who is the [[President of the World Bank Group|president]] of the [[World Bank Group]] since 2023.{{Cite web |title=Что известно об Аджае Банге |trans-title=What is known about Ajay Banga? |url=https://tass.ru/info/17671651 |access-date=2025-11-05 |website=[[TASS]] |language=ru |quote=3 мая 2023 года президентом Всемирного банка (ВБ) избран американский бизнесмен индийского происхождения Аджай Банга. Он приступит к исполнению обязанностей 2 июня. |trans-quote=On May 3, 2023, Indian-American businessman Ajay Banga was elected President of the World Bank (WB). He will assume his duties on June 2.}}{{cite web |title=MasterCard CEO discusses diversity, technology, unpredictable world and personal incidents |url=https://www.ledger-enquirer.com/news/business/article101425582.html |website=[[Ledger Enquirer]]}}{{Cite news |last=Rappeport |first=Alan |date=2023-06-02 |title=Ajay Banga Era Begins at the World Bank |url=https://www.nytimes.com/2023/06/02/business/economy/ajay-banga-world-bank.html |access-date=2023-06-10 |work=The New York Times |language=en-US |issn=0362-4331}} He was the executive chairman of [[Mastercard]], after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 2020.{{cite news|last1=Reshmanth|title=These CEOs of Indian Origin will make you feel proud|url=http://www.southreport.com/these-ceos-of-indian-origin-will-make-you-feel-proud/|access-date=May 22, 2017|publisher=South Report|date=April 6, 2015}}{{cite web|url=http://www.mastercard.com/us/company/en/newsroom/ceo_transition_announcement.html|title=About Mastercard - Smart & Secure Payment Solutions|website=www.mastercard.com}} He retired from this position on December 2021, and joined [[General Atlantic]] as its vice chairman.{{Cite web |date=2021-12-01 |title=Ajay Banga Joins General Atlantic as Vice Chairman |url=https://www.businesswire.com/news/home/20211201005403/en/Ajay-Banga-Joins-General-Atlantic-as-Vice-Chairman |access-date=2022-08-05 |website=www.businesswire.com |language=en}}
'''Ajaypal Singh "Ajay" Banga''' (born November 10, 1959{{cite web |title=Ajay Banga |url=https://investor.mastercard.com/corporate-governance/board-of-directors/person-details/default.aspx?ItemId=69055b98-d74b-4715-8b6f-87a385930985 |publisher=Mastercard Incorporated |access-date=February 11, 2021}}) is an [[Indian Americans|Indian-American]] business executive, who is the [[President of the World Bank Group|president]] of the [[World Bank Group]] since 2023.{{Cite web |title=Что известно об Аджае Банге |trans-title=What is known about Ajay Banga? |url=https://tass.ru/info/17671651 |access-date=2025-11-05 |website=[[TASS]] |language=ru |quote=3 мая 2023 года президентом Всемирного банка (ВБ) избран американский бизнесмен индийского происхождения Аджай Банга. Он приступит к исполнению обязанностей 2 июня. |trans-quote=On May 3, 2023, Indian-American businessman Ajay Banga was elected President of the World Bank (WB). He will assume his duties on June 2.}}{{cite web |title=MasterCard CEO discusses diversity, technology, unpredictable world and personal incidents |url=https://www.ledger-enquirer.com/news/business/article101425582.html |website=[[Ledger Enquirer]]}}{{Cite news |last=Rappeport |first=Alan |date=2023-06-02 |title=Ajay Banga Era Begins at the World Bank |url=https://www.nytimes.com/2023/06/02/business/economy/ajay-banga-world-bank.html |access-date=2023-06-10 |work=The New York Times |language=en-US |issn=0362-4331}} He was the executive chairman of [[Mastercard]], after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 2020.{{cite news|last1=Reshmanth|title=These CEOs of Indian Origin will make you feel proud|url=http://www.southreport.com/these-ceos-of-indian-origin-will-make-you-feel-proud/|access-date=May 22, 2017|publisher=South Report|date=April 6, 2015}}{{cite web|url=http://www.mastercard.com/us/company/en/newsroom/ceo_transition_announcement.html|title=About Mastercard - Smart & Secure Payment Solutions|website=www.mastercard.com}} He retired from this position on December 2021, and joined [[General Atlantic]] as its vice chairman.{{Cite web |date=2021-12-01 |title=Ajay Banga Joins General Atlantic as Vice Chairman |url=https://www.businesswire.com/news/home/20211201005403/en/Ajay-Banga-Joins-General-Atlantic-as-Vice-Chairman |access-date=2022-08-05 |website=www.businesswire.com |language=en}}


Before being nominated to the World Bank, he was the chairman of [[Exor (company)|Exor]], the [[Agnelli family|Agnelli]]-[[Jean-Paul Elkann|Elkann family]] holding company that controls its stakes in [[Stellantis]] and other industrial and financial businesses,{{Cite web |title=Exor appoints Ajay Banga as Chairman |website=EXOR |url=https://www.exor.com/press-releases/2022-05-24/exor-appoints-ajay-banga-chairman |access-date=2024-04-13 |website=www.exor.com}}{{Cite web |title=Exor Chairman Ajay Banga resigns Nitin Nohria to be proposed as new Chairman at AGM |website=EXOR |url=https://www.exor.com/press-releases/2023-05-02/exor-chairman-ajay-banga-resigns-nitin-nohria-be-proposed-new-chairman |access-date=2024-04-13 |website=www.exor.com}} and chairman of the public-private [[Partnership for Central America]] with [[U.S. Vice President|U.S. vice president]] [[Kamala Harris]].{{Cite web|last=|first=|title=Partnership for Central America - Ajay Banga|url=https://www.centampartnership.org/ajaybanga|access-date=2023-02-23|website=Partnership for Central America|language=en}}{{Cite web|last=|first=|title=President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank|url=https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2023/02/23/president-biden-announces-u-s-nomination-of-ajay-banga-to-lead-world-bank/|access-date=2023-02-23|website=The White House|date=23 February 2023|language=en}}
Before being nominated to the World Bank, he was the chairman of [[Exor (company)|Exor]], the [[Agnelli family|Agnelli]]-[[Jean-Paul Elkann|Elkann family]] holding company that controls its stakes in [[Stellantis]] and other industrial and financial businesses,{{Cite web |title=Exor appoints Ajay Banga as Chairman |website=EXOR |url=https://www.exor.com/press-releases/2022-05-24/exor-appoints-ajay-banga-chairman |access-date=2024-04-13 }}{{Cite web |title=Exor Chairman Ajay Banga resigns Nitin Nohria to be proposed as new Chairman at AGM |website=EXOR |url=https://www.exor.com/press-releases/2023-05-02/exor-chairman-ajay-banga-resigns-nitin-nohria-be-proposed-new-chairman |access-date=2024-04-13 }} and chairman of the public-private [[Partnership for Central America]] with [[U.S. Vice President|U.S. vice president]] [[Kamala Harris]].{{Cite web|last=|first=|title=Partnership for Central America - Ajay Banga|url=https://www.centampartnership.org/ajaybanga|access-date=2023-02-23|website=Partnership for Central America|language=en}}{{Cite web|last=|first=|title=President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank|url=https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2023/02/23/president-biden-announces-u-s-nomination-of-ajay-banga-to-lead-world-bank/|access-date=2023-02-23|website=The White House|date=23 February 2023|language=en}}


Banga is the former chairman of the U.S.-India Business Council (USIBC) representing more than 300 of the largest international companies investing in India, and chairman of the [[International Chamber of Commerce]].{{Cite web|date=23 June 2020|title=ICC elects Mastercard CEO Ajay Banga as new Chair|url=https://iccwbo.org/media-wall/news-speeches/icc-elects-mastercard-ceo-ajay-banga-as-new-chair/|website=International Chamber of Commerce}}
Banga is the former chairman of the U.S.-India Business Council (USIBC) representing more than 300 of the largest international companies investing in India, and chairman of the [[International Chamber of Commerce]].{{Cite web|date=23 June 2020|title=ICC elects Mastercard CEO Ajay Banga as new Chair|url=https://iccwbo.org/media-wall/news-speeches/icc-elects-mastercard-ceo-ajay-banga-as-new-chair/|website=International Chamber of Commerce}}