Ajay Banga began his five-year term as World Bank President on June 2, 2023.

Immediately before, Ajay served as Vice Chairman at General Atlantic and previously was President and CEO of Mastercard. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world.

Ajay was Honorary Chairman of the International Chamber of Commerce from 2020-2022. And served as advisor to General Atlantic’s climate-focused fund, BeyondNetZero, at its inception in 2021.

Additionally, Ajay Co-Chaired the Partnership for Central America, a coalition of private organizations that works to advance economic opportunity across underserved populations in El Salvador, Guatemala, and Honduras. He also served on the Boards of the American Red Cross, Kraft Foods, and Dow Inc.

Ajay is a co-founder of The Cyber Readiness Institute and was Vice Chair of the Economic Club of New York. He was awarded the Foreign Policy Association Medal in 2012, the Padma Shri Award by the President of India in 2016, the Ellis Island Medal of Honor and the Business Council for International Understanding’s Global Leadership Award in 2019, and the Distinguished Friends of Singapore Public Service Star in 2021.