Obama Appoints Indian-American Ajay Banga to Key Admin Post

Mastercard CEO, Ajay Banga is a newly-appointed member of the Commission on Enhancing National Cybersecurity of US.

1 min read
CEO of Mastercard, Ajay Banga. (Photo: <a href="">YouTube Screengrab</a>)

President Barack Obama appointed Indian-American MasterCard CEO, Ajay Banga to a key administration post as a member of the Commission on Enhancing National Cybersecurity, on Thursday.

Banga is one of the nine members of the Commission on Enhancing National Cybersecurity appointed by Obama, a White House announcement said.

I have charged the Commission on Enhancing National Cybersecurity with the critically important task of identifying the steps that our nation must take to ensure our cybersecurity in an increasingly digital world. These dedicated individuals bring a wealth of experience and talent to this important role, and I look forward to receiving the Commission’s recommendations.
Barack Obama, President of the United States of America

Banga has been president and CEO of MasterCard since 2010. He joined MasterCard in 2009 as President and Chief Operating Officer.

Prior to joining MasterCard, he held various senior management roles with Citigroup from 1996-2009, most recently serving as CEO of Citigroup Asia Pacific.

He was the Director of Marketing and Business Development at PepsiCo Restaurants International India from 1994-1996, and began his career at Nestlé India, working in sales and management roles from 1981-1994.

Banga has served as a member of the Advisory Committee for Trade Policy and Negotiations since 2015.

An alumnus of the Indian Institute of Management, Ahmedabad, he is also a member of the Board of Directors of the Dow Chemical Company, the Board of Governors of the American Red Cross, the Council on Foreign Relations, and serves as Chairman of the Financial Services Roundtable and Co-Chair of the American India Foundation.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!