Ajaypal Singh Banga Biography

Ajaypal "Ajay" Singh Banga (born 1960) is an Indian American business executive. He is the current president and chief executive officer of MasterCard. MasterCard announced on April 12, 2010 that Banga, previously MasterCard's president and chief operating officer, had been named by the Board of Directors to serve as the company’s president and chief executive officer, effective July 1, 2010. The company also announced that Banga would become a member of the Board of Directors, effective immediately.