When was Ajay Banga born?

Ajay Banga was born on 10 November 1959 in Khadki.

What positions has Ajay Banga held?

Positions held by Ajay Banga include: President of the World Bank Group (since 2 June 2023); UN board member.

Where did Ajay Banga study?

Ajay Banga was educated at Indian Institute of Management Ahmedabad.

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Ajay Banga

Indian American business executive

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Ajaypal Singh "Ajay" Banga (born November 10, 1959) is an Indian-born American business executive, who is the president of the World Bank Group since 2023. 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. He retired from this position in December 2021, and joined General Atlantic as its vice chairman.

Quick facts

Born: 10 November 1959 wd
Place of birth: Khadki wd
Citizenship: India, United States wd
Occupation: entrepreneur, businessperson wd
Education: Indian Institute of Management Ahmedabad wd
Social media: LinkedIn wd

Positions held wd

President of the World Bank Group (since 2 June 2023 · BS 19 Jestha 2080 onwards)
UN board member

Awards wd

Padma Shri in Trade & Industry
Bintang Bakti Masyarakat (2022)
Ellis Island Medal of Honor

About

Before being nominated to the World Bank, he was the chairman of Exor, the Agnelli-Elkann family holding company that controls its stakes in Stellantis and other industrial and financial businesses, and chairman of the public-private Partnership for Central America with U.S. vice president Kamala Harris.

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.

Banga was elected President of the World Bank on 3 May 2023, having been nominated to the position in February 2023 by the Biden administration.

In the news All news →

Finance Minister Wagle and World Bank President Banga meet in the US6 October 2026

Questions

When was Ajay Banga born?: Ajay Banga was born on 10 November 1959 in Khadki.
What positions has Ajay Banga held?: Positions held by Ajay Banga include: President of the World Bank Group (since 2 June 2023); UN board member.
Where did Ajay Banga study?: Ajay Banga was educated at Indian Institute of Management Ahmedabad.

Sources

Last updated 3 November 2026 · facts checked 7 November 2026

Cite this page

"Ajay Banga". DigiNepal. Last updated 3 November 2026. https://diginpl.com/people/ajay-banga. Retrieved 7 November 2026.

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Text from the Wikipedia article Ajay Banga, licensed under CC BY-SA 4.0. This page's text is shared under the same licence. Facts from Wikidata (CC0). Image: Ajay Banga portrait.jpg — Lula Oficial, CC BY 2.0.

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