Ajaypal Singh Banga

Ajaypal Singh Banga
Born	1960 Pune, India
Residence	Purchase, New York, U.S.
Nationality	Indian
Alma mater	IIM Ahmedabad (MBA) Delhi University (BA)
Occupation	CEO and President, MasterCard
Predecessor	Robert W. Selander

Ajaypal "Ajay" Singh Banga is the current president and chief executive officer of MasterCard.

MasterCard announced on April 12, 2010 that Ajay Banga, previously MasterCard’s president and chief operating officer, had been named by the Board of Directors to serve as the company’s president and chief executive officer, effective July 1, 2010. The company also announced that Banga would become a member of MasterCard’s Board of Directors, effective immediately.

Banga, 50, succeeded Robert W. Selander, who had been MasterCard’s chief executive officer since March 1997.

On Thursday, February 5, 2015, President Barack Obama appointed Banga to serve as a Member of the President's Advisory Committee for Trade Policy and Negotiations.

Presently, he is also the chairman of the U.S.-India Business Council (USIBC) representing more than three hundred of the largest international companies investing in India. He is also a member of board of directors of the Dow Chemical Company; member of the Council on Foreign Relations; and member of International Business Council of the World Economic Forum.

The Government of India awarded him the civilian honour of the Padma Shri in 2016.

Born into a Saini Sikh family in Khadki, Pune, Maharashtra in India where his father, an army officer, was posted. The family's origin is from Jalandhar in Punjab. His father is retired lieutenant-general Harbhajan Singh Banga who is a decorated army general of Indian Army. He is also the younger brother of another well known CEO M. S. Banga.

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