MasterCard Inc of New York named Indian American Ajay Banga, as its president and chief operating officer, as chief executive. Banga spent 13 years at Citigroup, including a stint as the chairman and chief executive of its international global consumer group.
His brother, Vindi, recently resigned from the board of Unilever PLC, after being passed over for the role of Chairman.
Last updated: December 26th, 2025
