Former Mastercard boss Ajay Banga has been elected to lead the World Bank as it strives to help low-income countries overcome debt and combat climate change. Mr Banga, nominated by President Joe... Ajay Banga is an Indian-American business executive, who has worked in important positions with global companies like Mastercard, PepsiCo, General Atlantic, and more. Explore the remarkable career of Ajay Banga , former Mastercard CEO and current World Bank President. Learn about his leadership, innovations. Ajay Banga , the President of the World Bank, participated in the 2023 G20 New Delhi summit. During the summit, he emphasized the need for a broader focus on issues such as food insecurity and gender equality, alongside the World Bank's traditional focus on poverty eradication. [53]
