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Ajay Banga Biography and Wiki
Ajay Banga is a business executive of Indian origin. At General Atlantic, he currently serves as Vice Chairman. After holding the position of president and chief executive officer of Mastercard from July 2010 to December 31, 2020, he was elected executive chairman of the company. On December 31, 2021, he left this position to join General Atlantic. In 2020, his salary was $27.77 million.
Ajay Banga Education
Banga completed his primary education at the Hyderabad Public School in Begumpet. Banga went on to earn a Bachelor of Arts (Honors) in Economics from St. Stephen’s College, Delhi University, and a PGP in Management, which is equivalent to an MBA, from the Indian Institute of Management, Ahmedabad. Both of these degrees followed Banga’s graduation. Banga grew up and went to schools across India, progressively in Secunderabad, Jalandhar, Delhi, and Ahmedabad, prior to completing his tutoring in Shimla.
Ajay Banga Age and Birthday
Banga is 63 years old as of 2022. He was born Ajaypal Singh Banga on 10 November 1959 in Pune, India. He celebrates his birthday on 10 November every year.
Ajay Banga Nationality and Ethnicity
Banga is of Indian-American nationality by birth. He was born in Pune, India. He is of Sikh ancestry. READ ALSO: Stephen A Schwarzman
Ajay Banga Family
Banga was born into a Sikh family in the area where his army officer father was stationed. His ancestors hail from Punjab’s Jalandhar. Harbhajan Singh Banga is the son of an Indian Army veteran and retired lieutenant general. He is M. S. Banga, a businessman’s younger brother.
Ajay Banga Wife
Banga is married to Ritu Banga. The couple has two children: Jojo Banga, and Aditi Banga.
Ajay Banga Height
Banga stands at an average height of 5 feet 6 inches(1.78m).
Ajay Banga Net Worth
What is Ajay Banga’s Net worth? Banga has an estimated net worth of $194 Million.
Ajay Banga Mastercard
After holding the position of president and chief executive officer (CEO) of Mastercard from July 2010 to December 31, 2020, he was elected executive chairman of the company. He resigned from this situation on December 31, 2021, to join General Atlantic. Banga held the position of chief executive officer of Citigroup’s Asia-Pacific region prior to joining MasterCard.He was in charge of all of the company’s business lines in the region in that role, which included institutional banking, alternative investments, wealth management, consumer banking, and credit cards. Additionally, he served on Citi’s senior leadership and executive committees.
Ajay Banga Compensation and Salary
In total, Banga received $11,281,457 in compensation. The salary was $983,333, the bonus was $2,450,000, the stock options were $3,749,847, the stock was $3,750,236, and the other forms of compensation were $348,041.The proxy statements submitted for the 2012 fiscal year provide this data.
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Ajay Banga General Atlantic
Ajay is Vice Chairman at General Atlantic. He was President and Chief Executive Officer of Mastercard for 11 years before becoming Executive Chairman of the company. He is a global leader in technology, data, financial services, and innovating for inclusion. He has advocated for partnerships and systems that deliver on profit and purpose throughout his career as a consultant to governments, businesses, and organizations of all kinds.
BeyondNetZero, General Atlantic’s climate venture that invests in high-growth companies developing innovative climate solutions, will continue to have Banga as a member of the Advisory Board.With more than four decades of experience providing capital and strategic support for over 445 growth companies, General Atlantic is a leading global growth equity firm. The company employs a global collaborative strategy, has sector-specific expertise, has a long-term investment horizon, and has a thorough comprehension of growth drivers. As of June 30, 2021, General Atlantic’s assets, including all products, total more than $78 billion.
