Ajay Banga 2025 – Full Biography, Career, Net Worth & Facts

Highlights
Age: 65 Years
Net Worth: $350 million
Wife: Ritu Banga

Ajay Bangaajay banga education

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)
LinkedIn Ajay Banga (public profile)
Twitter / X @WorldBank (official); Ajay Banga posts via World Bank channels

 

 

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