Executive Chairman, Board of Directors, Mastercard. Formerly, 11 years as the company's President and Chief Executive Officer. Co-Founder, The Cyber Readiness Institute; Chairman, International Chamber of Commerce; Trustee, United States Council for International Business. Founding Trustee, U.S.-India Strategic Partnership Forum; Member, U.S.-India CEO Forum; Chairman Emeritus, American India Foundation. Formerly: Member, President Obama's Commission on Enhancing National Cybersecurity; Member, U.S. President's Advisory Committee for Trade Policy and Negotiations. Recipient: Padma Shri Award, President of India, 2016; Ellis Island Medal of Honor, 2019; Business Council for International Understanding's Global Leadership Award; Foreign Policy Association Medal, 2012. Fellow, Foreign Policy Association. Member, Weill Cornell Medicine Board of Fellows. Director, Dow, and Member of its compensation and governance committees. Formerly, Chief Executive Officer, Citigroup Asia Pacific; former management roles with Citigroup in the US, Asia-Pacific, Europe, Middle East and Africa; also oversaw the company's efforts in microfinance. Began career at Nestlé, India; 13 years on assignments spanning sales, marketing and general management. Also spent two years with PepsiCo, launching its fast food franchises in India as the economy liberalized. Graduate, Delhi University and the Indian Institute of Management, Ahmedabad.
A new set of principles offers a vision that makes digital inclusion a natural outcome of an innovative and competitive financial system.
Businesses can make capitalism work for everyone by incorporating basic human decency, says Mastercard's CEO Ajay Banga.
"In order to keep the economy truly global, data must continue to flow across borders, as it has for centuries."