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Ajay Banga

President and Chief Executive Officer at MasterCard

Ajay Banga is president and chief executive officer of MasterCard and
a member of its board of directors.
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Ajay Banga is president and chief executive officer of MasterCard and a member of its board of directors.

Prior to joining MasterCard in 2009, Mr. Banga was chief executive officer of Citigroup Asia Pacific responsible for all businesses in the region, including institutional banking, alternative investments, wealth management, consumer banking and credit cards. He joined Citigroup in 1996 and held a variety of senior management roles in the United States, Asia Pacific, and the Europe, Middle East and Africa regions. He was also responsible for Citi's brand marketing and from 2005-2009 oversaw its efforts in microfinance.

Mr. Banga began his career at Nestlé, India, where for 13 years he worked on assignments spanning sales, marketing and general management. He also spent two years at Pepsico, where he was instrumental in launching its fast food franchises in India as the economy liberalized.

Mr. Banga is a member of the Board of Overseers of the Weill Cornell Medical College. He is currently chairman of the U.S.-India Business Council, and serves as a member of the Executive Committee of the Business Roundtable and chairs its Information and Technology Initiative. In addition, he is a member of The Business Council, the Council on Foreign Relations, the International Advisory Board of the Moscow School of Management (Skolkovo), The Economic Club of New York, and the board of The Financial Services Roundtable, the New York City Ballet and The Partnership for New York City.
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