Dream11 Startup Story- India's Best Fantasy Gaming Application, "semrush" "site audit" or seo -resume -job, University of Delhi (BA), Indian Institute of Management, Ahmedabad (MBA), Total compensation at Mastercard is $23,250,000. After finishing his schooling, he went on to pursue graduation from the prestigious St. Stephen’s College, Delhi University. The role of credit and debit cards in this regard is paramount. After joining MasterCard, his task was clear—compete against a giant named ‘Visa’. He was a student at Hyderabad Public School, Begumpet. StartupTalky is India’s leading media platform for entrepreneurs to read and share startup stories, startup news, The most iconic of them were the chairman and chief executing officer of International Global Consumer Group, president of Retail Banking North America, and the business head for CitiFinancial and the U.S. Consumer Assets Division. He redesigned the debit card product with its package of features, connecting to music, and the creation of a whole new marketing approach with the Commonwealth Bank of Australia. The Banking segment forms the bloodline for economies. at Pune, India. The second best result is Ajay Singh Banga age 60s in New York, NY in the Upper Manhattan neighborhood. Banga says both the private and public sectors play a big role in bringing more people into the financial mainstream. Also Read: Jack Ma: China's Richest Man And Co-Founder Of Alibaba. During his tenure with Citibank, he moved to Hong Kong in 2008 to oversee the bank’s business in Asia —credit cards and consumer banking, wealth management, and alternative investments. He is the son of Harbhajan Singh Banga (father) and Jaswant Banga (mother). He is Indian by natinoanliy. Ajay Banga - CEO of Mastercard In this second episode, we talk to Ajay Banga about his family history growing up in India, what he learned from his parents’ struggles, and how he gambled a promising career at Nestle to go down a path that led him to becoming the CEO of one of the largest financial corporations in the world, Mastercard. He guided the company’s efforts in microfinance as well. In 50 years, he helped the economy sail through tough times. After studying economics at Delhi University, he took an MBA from the Indian Institute of Management and began an illustrious career working for corporate giants like Nestlé and PepsiCo. His parents were Jaswant Kaur and Harbhajan Singh Banga, who was an officer with the Indian army and had risen to the rank of lieutenant general at the time of his retirement. He did his schooling from various parts of India—Secunderabad, Jalandhar, Delhi, and Hyderabad. Connect with us to share your opinions and learnings with fellow This is a powerful principle in business and the private sector. The principle of being and doing good holds true for anyone and every organization. He was a student at Hyderabad Public School, Begumpet. The company also built for multiple banks and merchants new, innovative ways to pay for goods and services; one being the ability to scan bar codes from phones and converting the code into a purchase. Ajaypal Banga real name is Ajaypal Singh Banga. Meet Ajay Banga. In addition, he makes $23,250,000 as Chief Executive Officer at Mastercard. https://www.scoopwhoop.com/news/top-indian-origin-ceos-in-the-world In 2009, he returned to the United States to join MasterCard. Ajaypal Singh Banga serves as Chief Executive Officer of the Company. He is also the co-chairman of American India Foundation, a member of Council on Foreign Relations, Inc., Peter G. Peterson Institute for International Economics, The Economic Club of New York, US India CEO Forum, Weill Cornell Medical College, and International Business Council at World Economic Forum. Mr. Banga was the director of the Council of Economic education too. During his tenure there, he also held various other positions in senior management in the United States, Asia Pacific, Europe, Middle East and Africa. This in turn consolidates the economy. In recognition of his illustrious career, Banga has received several accolades, including the Indian civilian honour Padma Shri, which the Government of India conferred on him in 2016. While brands like Diners Club, Visa are popular, one cannot discard MasterCard. Also Read: Best Fintech Startups in India. Since Ajay Banga has achieved almost everything a budding entrepreneur dreams of, his story has several takeaways. The estimated Net Worth of Ajay Banga is at least $229 Million dollars as of 23 July 2020. Ajaypal ‘Ajay’ Singh Banga leads MasterCard from the front. Ajaypal Banga started his business career in 1981 with Nestlé, where he spent the next 13 years of his life, holding various positions in different fields including sales, marketing, and general management. Ajay, the top gun at MasterCard is seen as a representative for India on the global platform, a visionary who motivates millions across the globe to emulate successful leadership. He is a member of the Foreign Policy Association and the Financial Services Roundtable. Ajaypal Banga is married to a woman named Ritu and has two daughters, Jojo and Aditi. Get the latest posts delivered right to your inbox. Although he leads a company that is synonymous with plastic, he always encourages his staff to use cash and keeps the workplace less intense. Connect with me on LinkedIn - https://www.linkedin.com/in/rishabhrathi22/, Colonel Harland David Sanders: Nobody Does Chicken Like KFC. Banga, MasterCard CEO, was born in Khadki, Maharashtra and his father was an army officer.His family hails from Jalandhar in the Indian state of Punjab. After his tenure at Nestle, he joined PepsiCo’s Restaurants Division and was instrumental in the launch of Pizza Hut and KFC in India. PepsiCo's outgoing CEO Indra Nooyi and MasterCard's chief executive Ajay Banga were among a small group of top corporate leaders hosted by US President Donald Trump for a dinner at his private golf club in New Jersey to hear their perspective on the state of the country's economy. He chaired the Information and Technology Initiative.