Ajaypal S. Banga

President & Chief Executive Officer at MasterCard, Inc.

Ajaypal S. Banga

Ajaypal S. Banga

President & Chief Executive Officer at MasterCard, Inc.

Overview
Career Highlights

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

RelSci Relationships

14140

Number of Boards

34

Birthday

1960 - Khadki, India

Age

60

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

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

Relationship likelihood: Strong

Former Director & Executive Vice President at Citibank NA (New York)

Relationship likelihood: Strong

Chairman & Chief Executive Officer at JPMorgan Chase & Co.

Relationship likelihood: Strong

Chairman & Chief Executive Officer at The Starr Foundation

Relationship likelihood: Strong

Chief Marketing & Communications Officer & President, Healthcare at MasterCard, Inc.

Relationship likelihood: Strong

Dean at Columbia University - School of International and Public Affairs

Relationship likelihood: Strong

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

Relationship likelihood: Strong

Former Product Manager at Beardsell Ltd.

Relationship likelihood: Strong

Executive Chairman 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 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 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

Chief Executive Officer
1996 - 2009

Citi works tirelessly to provide consumers, corporations, governments and institutions with a broad range of financial services and products. They strive to create the best outcomes for their clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible.

Management Trainee
1981 - 1994

Nestlé India Ltd. engages in the manufacture and sale of various food products. It offers milk product, nutrition, beverages, prepared dishes and cooking aids, and confectionery. It operates through the EveryDay, Nestea, Nescafe, Maggi, Kitkat, and Milkybar brands. The company was founded on March 28, 1959 and is headquartered in Gurgaon, India.

Boards & Committees
Director
2019 - Current

Dow, Inc. materials science company, combining science and technology to develop innovative solutions. It operates through three business segments: Performance Materials & Coatings, Industrial Intermediates & Infrastructure, and Packaging & Specialty Plastics. The Performance Materials & Coatings segment includes industry-franchises that deliver a wide array of solutions into consumer and infrastructure end-markets. The segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions. These businesses primarily utilize Dow's acrylics, cellulosics- and silicone-based technology platforms to serve the needs of the architectural and industrial coatings, home care and personal care end-markets. The Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses Industrial Solutions and Polyurethanes & CAV that develop important intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. The Packaging & Specialty Plastics segment consists of two global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. The company was founded on August 30, 2018 and is headquartered in Midland, MI.

First Vice Chair
2018 - Current

International Chamber of Commerce(ICC), a unique global business organization. ICC is – and has been throughout its long existence – a steadfast rallying point for those who believe, like our founders, that strengthening commercial ties among nations is not only good for business but good for global living standards and good for peace.

Executive Chairman
2010 - 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

Member, Board of Directors
2017 - Current
Chairman Emeritus, Board of Directors
2016 - Current

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.

Member, Board of Governors
2014 - Current

The humanitarian mission of the American Red Cross connects us to people and communities across the nation and around the world. The common bonds of humanity and compassion unite us together, not just in the face of emergencies and disasters, but in helping our neighbors every day. Since being founded by Clara Barton in 1881, the Red Cross has been a consistent lifeline for people when they need us the most. The depth and breadth of our services – whenever and wherever they're called for – is unmatched by any organization in the world.

Member, International Advisory Council
Current

The Economic Development Board is a statutory board of the Government of Singapore that plans and executes strategies to sustain Singapore as a leading global hub for business and investment.

Member, Advisory Committee for Trade Policy & Negotiations
2015 - Prior
Member, Advisory Committee for Trade Policy & Negotiations
Prior
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
2016

The Council for Economic Education focuses on personal finance and economic education for K-12 students. Its programs include national economics challenge, smart-X, curriculum support, teacher awards and professional development. The company was founded in 2009 and is headquartered in New York, NY.

$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.

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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