Highlights
Age: 65 Years
Net Worth: $350 million
Wife: Ritu Banga
Ajay Banga
Ajaypal Singh Banga (commonly known as Ajay Banga) is an Indian-born American business executive and the 14th President of the World Bank Group. He previously served as CEO and Executive Chairman of Mastercard and has held senior roles across finance and global development.
Bio / Wiki
| Field | Information |
|---|---|
| Full Name | Ajaypal Singh Banga |
| Nickname | Ajay Banga |
| Age | Born November 10, 1959 |
| Religion | Born into a Sikh family |
| Zodiac Sign | Scorpio |
| Birth Place | Khadki (Pune), Bombay State, India |
| Date of Birth | 10/11/1959 |
| Nationality | Indian (by birth); later became a U.S. citizen |
| Profession | Business executive, banker, World Bank President |
Key fact: Ajay Banga began his five-year term as President of the World Bank Group on June 2, 2023.
Physical Appearance
| Attribute | Details |
|---|---|
| Height | Not publicly standardized |
| Weight | Not publicly standardized |
| Measurements | Not publicly standardized |
| Hair Color | Salt & pepper / Black |
| Eye Color | Brown |
Family & Relationships
| Relation | Details |
|---|---|
| Father | Harbhajan Singh Banga (retired Indian Army officer – lieutenant-general) |
| Mother | Not widely publicized |
| Siblings | Has siblings; family keeps a low public profile |
| Spouse | Ritu Banga |
| Marriage Date | Married (date not commonly published) |
| Children | Two children (son and daughter) |
Career Highlights
Ajay Banga has a long corporate and public service career spanning multiple decades. Highlights include:
- President, World Bank Group — assumed office June 2, 2023.
- Former President & CEO of Mastercard (served as CEO 2010–2020 and then Executive Chairman), where he led major growth and strategic initiatives.
- Held senior roles at Citigroup and served as Vice-Chairman at General Atlantic after Mastercard.
- Known for championing public-private partnerships, climate financing, and using private capital for development goals.
Net Worth & Income
Public estimates of Ajay Banga’s personal wealth vary; conservative reporting of his stock holdings, past compensation and investments places estimates in the multi-million dollar range. Exact figures depend on which holdings and valuations are included.
Relationships & Affairs
- Married to Ritu Banga; the couple maintains a largely private family life.
- Active in philanthropic and civic initiatives through boards and partnerships.
Favourite Things
- Favourite Industry: Financial services & technology
- Focus areas: Climate finance, inclusion, digital payments
- Languages: English, Punjabi, Hindi (spoken)
Unknown / Interesting Facts
- Born in Pune and educated at St. Stephen’s College (Delhi) and IIM Ahmedabad (MBA).
- First Indian-born American to lead the World Bank Group.
- At Mastercard he launched environmental and social initiatives including tree-planting and climate pledges.
Contact Information | Social Media
| Type | Details |
|---|---|
| Office | World Bank Group, Washington DC (World Bank President’s office) |
| Ajay Banga (public profile) | |
| Twitter / X | @WorldBank (official); Ajay Banga posts via World Bank channels |

