Ajaypal S. Banga

President, Chief Executive & Operating Officer at MasterCard, Inc.

Ajaypal S. Banga

Ajaypal S. Banga

President, Chief Executive & Operating Officer at MasterCard, Inc.

Overview
Career Highlights

Citigroup North America, Inc.
MasterCard, Inc.
Citigroup, Inc.

RelSci Relationships

12528

Number of Boards

34

Birthday

1960 - Khadki, India

Age

59

Number of Awards

13

Relationships
RelSci Relationships are individuals Ajaypal S. Banga likely has professional access to. A relationship does not necessarily indicate a personal connection.

Advisor at Project Applecart LLC

Relationship likelihood: Strong

Professional at Regional Management Corp.

Relationship likelihood: Strong

President & Chief Executive Officer at Make-A-Wish Foundation of America

Relationship likelihood: Strong

Chairman & Chief Executive Officer at JPMorgan Chase & Co.

Relationship likelihood: Strong

Co-Founder at Tishman Speyer Properties LP

Relationship likelihood: Strong

Chairman & Chief Executive Officer at C.V. Starr & Co., Inc.

Relationship likelihood: Strong

Chairman & Chief Executive Officer at The Travelers Cos., Inc.

Relationship likelihood: Strong

Professional at Schlumberger Ltd.

Relationship likelihood: Strong

Former Chief Executive Officer at Macy's Corporate Services, Inc.

Relationship likelihood: Strong

President & Chief Executive Officer at International Business Machines Corporation

Relationship likelihood: Strong

Paths to Ajaypal S. Banga
Potential Connections via
Relationship Science
You
Ajaypal S. Banga
President, Chief Executive & Operating Officer at MasterCard, Inc.
Family Members
Spouse

Asian University for Women Support Foundation operates as a non-profit organization that serves as the principal fundraising arm of the Asian University for Women. It offers liberal arts education and leadership development to young women from all across Asia and the Middle East. The company is headquartered in Cambridge, MA.

Sibling

Founded in 1978, Clayton, Dubilier & Rice LLC is a private equity firm located in New York City. The firm is a subsidiary of Clayton Dubilier & Rice Holdings LP. Their investors include financial institutions, university endowments and corporate and public pension funds.

Education
BA in Economics with Honors

University of Delhi is a premier Indian educational institution, with a status so high that president of India serves as the Visitor.

Graduate

The Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIM-A) is a public business school located in Ahmedabad, Gujarat, India. It was the second Indian Institute of Management (IIM) to be established, after IIM Calcutta.[8] It is consistently ranked as one of the best business schools in India and in the Asia-Pacific region.[9][10][11] Established in 1961, the institute offers Post Graduate Diploma Programme in Management and Agri-Business Management, a Doctoral (Fellowship) Programme and a number of Executive Training Programmes.

Memberships
Member
Current

Council on Foreign Relations, Inc. provides and disseminates ideas on foreign policies to individuals, corporate members, journalists and policy makers. It operates a forum for government officials, students and other interested parties to study and discuss world issues and impact on American foreign policies. The company publishes Foreign Affairs, a magazine that comes out six times a year, along with books and studies by its own scholars. Council on Foreign Relations was founded in 1921 and is headquartered in New York City, NY.

Member
Current

The Business Roundtable advocates public policies that ensure economic growth. It considers public policy issues which contains groups like the construction users anti-inflation roundtable, a group devoted to containing construction costs; and the labor law study committee, made up of labor relations executives of major companies. The Business Roundtable was founded in 1972 and is headquartered in Washington, DC.

Member
Current

Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI) convenes global leaders to create and implement innovative solutions to the world's most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. The CGI Annual Meeting is held each September in New York City. CGI also convenes CGI America, a meeting devoted to economic recovery and job creation in the United States, and CGI University (CGI U), which hosts an annual meeting for undergraduate and graduate students who are developing commitments in their communities and around the world.

Career History
President, Chief Executive & Operating Officer
2009 - Current

MasterCard is a technology company and payments industry leader. For more than four decades, we have been a driving force at the heart of commerce, making the global economy safer, more efficient, more inclusive and more transparent for all. Consumers, merchants, business partners and governments in markets around the world have reaped the benefits of our innovative products and solutions which, simply put, are designed to make life easier

Professional
Current

The Dow Chemical Co. manufactures and distributes chemicals, plastics, industrial and agricultural products. The firm serves agriculture, automotive, building and construction, consumer, electronic materials, infrastructure, packaging, product finder and product safety industries. The company was founded by Herbert Henry Dow in 1947 and is headquartered in Midland, MI.

President
1996 - Prior

Citigroup North America, Inc. provides banking services. It also provides personal credit services. The company was founded in 1812 and is headquartered in Hartford, CT.

Boards & Committees
Chairman, Board of Directors
2012 - 2015

The U.S.-India Business Council is the premier business advocacy organization representing America's top companies investing in India, joined by global Indian companies, with an aim to deepen trade and strengthen commercial ties. The U.S.-India Business Council is the principal interlocutor for industry operating in the U.S. and Indian marketplace, playing a critical role supporting U.S. Government initiatives that include the U.S.-India Economic Dialogue (CEO Forum), the U.S.-India High Technology Cooperation Group, U.S.-India Energy Dialogue, the Defense Procurement & Production Group, and the U.S.-India Trade Policy Forum. USIBC formulates an annual work plan that targets specific issues important to its member-companies, compiled from input derived from the 12 Executive Committees and Working Groups that meet regularly to assess progress on-the-ground and to devise strategies and prepare representations to advance sector-specific reforms in India. In addition, USIBC's Executive Committees organize industry missions to India to present to counterparts and the Government of India a united front to forge policy reform advances.

Member, Board of Directors
2007 - 2012

Mondelez International, Inc. engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America; Asia, Middle East, and Africa; Europe; and North America. Its products include beverages, biscuits, meals, chocolate, gum, and candy. Its brands include but not limited to Nabisco, Oreo, and LU biscuits; Cadbury, Cadbury Dairy Milk, and Milka chocolates; and Trident gum. The company was founded by James Lewis Kraft in 1903 is headquartered in Deerfield, IL.

Member, Board of Directors
2007 - 2012

Kraft Foods Group, Inc. manufactured and marketed packaged food products. The company was founded in 1980 and was headquartered in Northfield, IL.

Member, Board of Trustees
2007 - Prior

National Urban League, Inc. provides economic empowerment and educational opportunities. It offers education, jobs, housing and health. The company was founded in 1910 and is headquartered in New York, NY.

Vice Chairman, Board of Trustees
Prior

New York Hall of Science presents 450 exhibits, demonstrations, workshops and participatory activities that explain science, technology, engineering, and math. A visit to NYSCI is a hands-on, energetic educational experience where you can indulge your curiosity and nurture your creativity. NYSCI offers professional development for teachers, produces curricula and resources for classrooms, and studies how technology, gaming and play affect how we learn. NYSCI was founded at the 1964–65 World’s Fair and has evolved into New York’s center for interactive science, serving a half million students, teachers, and families each year.

Member, Board of Directors
Prior

The Citi Foundation supports the economic empowerment and financial inclusion of low- to moderate-income people in communities where Citi operates. We work collaboratively with a range of partners to design and test financial inclusion innovations with potential to achieve scale and support leadership and knowledge building activities. Through a "More than Philanthropy" approach, we put the strength of Citi's business resources and people to work to enhance our philanthropic investments and help improve communities. We utilize a results-oriented measurement framework that informs the way we assess the impact of the programs we fund. Every grant is carefully tracked to identify ways to ensure success and understand what works and why. This framework helps us define more clearly the results we seek in each of our core focus areas, which include: Financial Capability and Asset Building – Increases in the number of low- to moderate-income adults and/or youth who adopt positive financial behaviors and accumulate and preserve financial assets Microfinance – Increases in the supply and use of financial products, supplied by microfinance institutions, that improve and accelerate the financial inclusion of low- to moderate-income individuals Enterprise Development – Increases in the number of micro or small enterprises that provide new income generation and/or employment opportunities for low- to moderate-income individuals College Success (in the U.S.) – Increases in the number of low- to moderate-income secondary school students who are meeting the academic, financial and social milestones to enroll in and complete postsecondary education Youth Education and Livelihoods (outside the U.S.) – Increases in the number of low-income youth, ages 13-25, who complete secondary school, become employed, start their own income-generating business or obtain postsecondary education or training Neighborhood Revitalization (in the U.S.) – Increases in the number of small businesses, affordable housing units or community facilities that contribute to the economic and/or environmental sustainability of low- to moderate-income communities Disaster Response – Supporting preparedness, immediate response, and rebuilding efforts, that all contribute to the long-term economic recovery of communities

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$25K - $50K
2017

The American India Foundation founded in 2001, is a nonprofit American organization that is devoted to accelerating social and economic change in India. The AIF has partnered with 227 of India’s NGOs to build a trusted network for implementation, scale, and sustainability while raising over $84 million since its inception. It is one of the largest secular, non-partisan American organizations supporting development work in India. AIF awards grants to education, livelihood, and public health projects in India – with emphases on elementary education, women’s empowerment, and HIV/AIDS, respectively. AIF has a program called Digital Equalizer which attempts to bridge the digital divide by providing computers, internet access and training to under-resourced Indian schools. It also funds the Service Corps Fellowship, renamed the William J. Clinton Fellowship for Service to India on May 11, 2009, which sends skilled young Americans to work with NGOs in India for a ten-month period. The fellowship helps exchange technical skills, intellectual resources and helps increase the capacity of Indian NGOs to continue their work while giving American leaders a good understanding of India. The American India Foundation was founded by a group of Indian-Americans responding to the 2001 Gujarat earthquake. Former United States President Bill Clinton serves as the Honorary Chair, and has been involved in a number of AIF events; he was asked to get involved with the group by Indian Prime Minister Atal Bihari Vajpayee in the wake of the earthquake.

$5,000 - $10K
2015

New York Hall of Science presents 450 exhibits, demonstrations, workshops and participatory activities that explain science, technology, engineering, and math. A visit to NYSCI is a hands-on, energetic educational experience where you can indulge your curiosity and nurture your creativity. NYSCI offers professional development for teachers, produces curricula and resources for classrooms, and studies how technology, gaming and play affect how we learn. NYSCI was founded at the 1964–65 World’s Fair and has evolved into New York’s center for interactive science, serving a half million students, teachers, and families each year.

$10K - $20K
2013

New York Hall of Science presents 450 exhibits, demonstrations, workshops and participatory activities that explain science, technology, engineering, and math. A visit to NYSCI is a hands-on, energetic educational experience where you can indulge your curiosity and nurture your creativity. NYSCI offers professional development for teachers, produces curricula and resources for classrooms, and studies how technology, gaming and play affect how we learn. NYSCI was founded at the 1964–65 World’s Fair and has evolved into New York’s center for interactive science, serving a half million students, teachers, and families each year.

Investments
Details Hidden

Ellevest, Inc. provides investment advisory and portfolio management services. The firm manages separate client-focused portfolios. It employs fundamental analysis along with top-down approach to create its portfolios. The company was founded by Sallie Lee Krawcheck and Charlie Kroll in November 2014 and is headquartered in New York, NY.

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
Rank #1
2014
Chief Executive Magazine - Wealth Creators
Rank #28
2014
Fortune Magazine - Business Person of the Year
Rank #64
2014
Harvard Business Review - 100 Best-Performing CEOs in the World
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