Ajay Banga: Wiki, Bio, Age, World Bank, Career, Net Worth

Ajay Banga: Wiki, Bio, Age, World Bank, Career, Net Worth, Mastercard, CEO, Mastercard, CEO, Wife, Family, Parents, Daughters, Birthday, Zodiac Sign: Ajay Banga is a man of Indian origin who is currently residing in the United States of America. He works as a business executive and has previously served as the Chief Executive Officer of Mastercard. Moreover, he is an alumnus of the Indian Institute of Management – Ahmedabad. He was born to his parents in India on November 10, 1959. As of February 2023, Ajay is 63 years old. In the recent past, his name was in the news headlines for being nominated as the new leader of the World Bank by US President, Joe Biden.

Ajay Banga

Ajay Banga Birth and Family

The India-American business Executive, Ajaypal Singh Banga was born to his parents on November 10, 1959, in Pune, Maharashtra (earlier Bombay State). His zodiac sign is Scorpio as per his date of birth. He took birth to Harbhajan Singh Banga and his wife, Jaswant Banga. His father was a retired Army Officer who served as the lieutenant general.  Moreover, he belongs to a Saini Sikh family that has its roots in Jalandhar, Punjab. Besides his parents, he also has an elder sibling named Manvinder Singh Banga who is a businessman. Also, he has a sister whose name is Deepa.

Ajay Banga Education

In terms of his educational qualifications, Ajay completed his schooling at St. Edward’s School in Shimla and later at the Hyderabad Public School in Hyderabad, Telangana. After this, he attended the ST. Stephen’s College in Delhi from where he received his Bachelor of Arts (Honors) degree in Economics. Following this, Banga did his PGP in Management from the prestigious Indian Institute of Management in Ahmedabad.

New World Bank Head

Ajay Banga Career

It was in the year 1981 when Banga began his career with Nestle India. After serving there in various positions for more than a decade, he joined PepsiCo. Later he joined Citigroup in 1996. After some time, he was promoted to the position of Chief Executive Officer of the Asia-Pacific Region and later moved to the USA. In 2009 he became a part of Mastercard Inc. serving as the Chief Operating Officer. Next year, in the month of July he became the Chief Executive Officer of the same. In December 2021, Ajay left Mastercard and is currently serving as the Vice Chairman of the General Atlantic.

Besides this, he was a member of the President’s Advisory Committee for Trade Policy and Negotiations under Barack Obama. He has also served in various positions in several corporate and non-profit organizations including Temasek Holdings, the American Red Cross, the International Chamber of Commerce, and the Trilateral commission.

Ajay Banga: The New World Bank Head

On Thursday, February 23, 2023, the President of the United States of America, Joe Biden nominated the Indian American Ajay Banga for the next World Bank President. As soon as the news broke out, his name became a trending topic in the media. However, the final decision regarding who will be the next leader of the World Bank will be made after receiving nominations from all member countries by March 29, 2023.

World Bank Head with his wife

Ajay Banga Personal Life

As far as his personal life is concerned, Ajaypal Singh Banga is married to a woman named Ritu Banga. She is the co-founder of a consulting firm called Zoomdojo. The couple together has two daughters, Aditi Banga, and Jojo Banga. Both girls have graduated from Harvard University.

Ajay Height, Weight, and Physical Appearance

Banga is 5 feet and 10 inches tall man. He weighs about 75 kilograms which accounts for 165 lbs. In terms of his appearance, he has a brownish complexion with black color eyes and hair.

Ajaypal Singh Banga with his family

Ajay Religion, Nationality, Ethnicity, and Net Worth

The 63-year-old business executive is a follower of Sikhism. Although details about his ethnicity are unavailable he holds Indian American nationality. Furthermore, he has an estimated net worth of approximately $1.2 billion as per the information available.

Ajay Social Media

The recently nominated leader of the World Bank could not be found on any of the major social networking sites including Instagram, Twitter, and Facebook. Therefore, it cannot be said how many followers he has on these platforms or how many posts he has made. As soon as we get the latest update, we will update this information. 

Former Mastercard CEO

Here is the full bio/wiki of Ajay Banga his family, mother, father, name, age, height in feet, weight, body measurements, interests/hobbies, family, address, hometown, ethnicity, birthplace, parents, achievements, school, net worth, birthday, zodiac sign, education, caste, religion, World Bank, Mastercard, CEO, Instagram, Twitter and more.

Ajay Banga Information Table

Name   Ajaypal Singh Banga
Known as   Ajay Banga
Gender   Male
Profession   Business Executive
Height (approx.)   in centimeters – 178 cm

meters – 1.78 m

feet & inches – 5 ft 10 in

Weight (approx.)   in kilograms – 75 kg

in pounds – 165 lbs

Figure Measurements   Not Known
Eye Colour   Black
Hair Colour   Black
Date of Birth   November 10, 1959
Age (as of 2022)   63 years
Birth Place   Pune, Maharashtra, India
Zodiac sign/Sun sign   Scorpio
Nationality   Indian
Hometown   Jalandhar, Punjab, India
School   St. Edward’s School, Shimla

Hyderabad Public School, Hyderabad

College/University   St. Stephen’s College, Delhi

Indian Institute of Management, Ahmedabad 

Educational Qualification   PGP in Management
Religion   Sikhism
Ethnicity   Not Known
Caste   Other Backward Class
Current Address   United States of America
Hobbies/Interests   Traveling
Marital Status   Married
Affairs/Boyfriends/Girlfriends   Not Known
Sexuality   Straight
Parents   Father: Harbhajan Singh Banga

Mother: Jaswant Banga

Siblings   Brother: Manvinder Singh Banga

Sister: Deepa

Husband/Spouse   Ritu Banga
Children   Daughter: Aditi Banga and Jojo Banga
Net Worth   Approximately $1.2 Billion

Ajay Social Media Accounts

The former Mastercard CEO is not available on any social media platform.

Former Mastercard CEOSome Lesser Known Facts About Ajay

  • He likes traveling.
  • Ajay’s wife Ritu is the co-founder of a consulting firm called Zoomdojo.
  • According to his date of birth, AJaypal SIngh Banga’s zodiac sign is Scorpio.
  • Both of Ajay’s daughters are Harvard University Graduates.
  • In 2016, the government of India awarded Ajay Banga the fourth-highest civilian honor, Padma Shri.


1. Who is Ajay Banga?

He is a business executive of Indian origin who is currently residing in the United States of America.

2. How old is Ajay?

As of February 2023, Ajay is 63 years old.

3. Where was Ajay born?

He was born in Pune, Maharashtra (then Bombauy State), India.

4. When was Ajay born?

Ajaypal Singh Banga was born to his parents on November 10, 1959.

5. Who is Ajay married to?

He is married to a woman named Ritu Banga. The couple together has two daughters, Aditi and Jojo.

6. What nationality does Ajay have?

He is an Indian American national.

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