Ajay Banga Net Worth 2023, World Bank’s Chief’s Salary, Assets, Early Life, Early Life, Career Highlights

Ajay Banga Net Worth 2023:- In 2023, Ajay’s net worth 2023 Is $206 Million. In this article, we will learn about Ajay Banga Net Worth 2023, World Bank’s Chief’s Salary, Assets, Early Life, Early Life, Career Highlights.

Ajay is an Indian-born American business leader. Ajay is currently a vice president at General Atlantic.

Ajay was the executive chairman of Mastercard, having previously served as president and CEO of the company from July 2010 to December 31, 2020.

Ajay retired from this position on December 31, 2021, to join General Atlantic.

Ajay is also chairman of investment holding company Exor based in the Netherlands and chairman of the Public-Private Partnership for Central America along with the U.S. vice president. Kamala Harris.

What is Ajay Banga Net Worth 2023?

Ajay’s net worth in 2023 is $206 Million. Indian-American Ajay, 63, is currently vice president of the joint stock company General Atlantic.

Ajay previously worked in India for Citigroup and Nestlé for over a decade before joining Mastercard.

Ajay will take over as the next chairman at a crucial time for the emerging lender as Ajay seeks to effectively combat climate change, the World Bank announced on Wednesday.

After the board decided to name Ajay’s leadership for a period of five years, the bank issued a statement saying, “The board looks forward to working with Mr.

Ajay in the World Bank Group Evolution process.” ” On June 2, Ajay will replace David Malpass in the post.

World Bank’s Chief Ajay Banga’s Salary

Ajay has held various positions in Mastercard. Ajay has over 30 years of experience in the business.

Ajay has also served on the boards of the American Red Cross, Kraft Foods, and Dow Inc. Currently, Ajay is the Vice President of private equity firm General Atlantic.

According to various reports available online, Ajay’s Net Worth in 2023 is $210 Million.

Ajay owns over 60,000 Mastercard stock Units valued at over $113,123,489. Ajay estimated one-year salary is $50 Million.

Ajay Banga Assets

Ajay’s salary as CEO at Mastercard was approximately $23,250,000. Ajay worked as a Mastercard executive for more than 12 years. In 2020, Ajay’s daily wage was around $27.77 Million.

In addition to Ajay, Ajay also served as co-chair with US Vice President Kamala Harris on Central America relations.

Ajay Banga Source of Income

Ajay’s main source of income Was an Ajay American business leader career, apart from this Ajay may have had other businesses from where Ajay had been earning a good amount.

Ajay Banga Mastercard

Mastercard announced in April 2010 that Banga, formerly Ajay’s chief operating officer, would become president and chief operating officer, effective July 1, 2010, and would be a member of the board of directors. Ajay replaced Robert W.

Selander, who had served as CEO since March 1997. In Ajay’s first year, Ajay received $13.5 million in compensation.

During Ajay’s tenure, Ajay tripled revenue, increased revenue sixfold, and grew market capitalization from under $30 billion to over $300 billion.

Ajay Banga Wife

Ajay’s Wife’s Name is Ritu Banga. Ajay’s Wife Ritu is the co-founder of Zoomdojo, a consulting firm.

Ritu’s daughter, Aditi Banga, is the Head of Creator Monetization & Innovation Partnerships at Instagram and a graduate of Harvard University.

Ajay Banga Early Life

Ajay was born on November 10, 1959, in Khadki Cantonment in Pune, Maharashtra, India, to a Sikh family, where Ajay’s father, an army officer, was posted. Ajay’s family hails from Jalandhar, Punjab.

Ajay’s father, Harbhajan Singh Banga, is a retired lieutenant general who served in the Indian Army.

Ajay is the younger brother of businessman M. S. Banga. Ajay attended St. Mary’s School. Edward, Shimla, and Hyderabad Government School at Hyderabad.

Ajay Banga Career Highlights

Starting Ajay’s business career as a management trainee with Nestlé in 1981, Ajay spent the next 13 years working in roles related to sales, marketing, and general management.

Ajay later joined PepsiCo and got involved in launching Ajay’s international fast food franchises, including Pizza Hut and KFC, in India as the economy liberalized.

Ajay joined Citigroup, where Ajay briefly worked as a debt collector as part of Ajay’s training.

Ajay led CitiFinancial and the US Consumer Assets Division from 2000 to 2002.

From 2005 to 2008 Ajay headed up Citi’s International Global Consumer Group, which included all credit card and consumer banking operations outside of North America.

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