Before that, he worked with Citigroup’s Asia-Pacific Region as its CEO. He joined the company in 1996 and worked in a variety of positions. Prior to that, Banga was with FMCG giant Nestle's India unit and global multinational company Pepsico.

Banga brings with him vast experience of being a global leader in technology, data, financial services, and innovation for inclusion. He is also the honorary chairman of the International Chamber of Commerce, serving as chairman from 2020-2022, and chairman of Exor and independent director at Temasek. He became an advisor to General Atlantic’s climate-focused fund, BeyondNetZero, at its inception in 2021. Previously, he served on the Boards of the American Red Cross, Kraft Foods and Dow Inc.

Notably, Ajay has worked closely with Vice President Kamala Harris as the Co-Chair of the Partnership for Central America. He is also a member of the Trilateral Commission, a founding trustee of the U.S.-India Strategic Partnership Forum, a former member of the National Committee on United States-China Relations, and Chairman Emeritus of the American India Foundation.

He was also 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.

Notably, the President of the World Bank Group is also the Chair of the Board of Executive Directors of the International Bank for Reconstruction and Development (IBRD). The President is also ex officio chair of the Board of Directors of the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the Administrative Council of the International Centre for Settlement of Investment Disputes (ICSID).

Ajay Banga Education

Ajay Banga becomes 1st Indian-American to head World Bank