The World Bank’s Indian-born president, Ajay Banga, is included in the Carnegie Corporation of New York’s list of Great Immigrants for this year. The US list of immigrants also includes Oscar winner Ke Huy Quan, singer-songwriter Alanis Morissette, and “The Mandalorian” actor Pedro Pascal.
The annual list recognises Americans with foreign ancestry who have become naturalised citizens. Banga and the other individuals were referred to as “extraordinary people” by the corporation. 35 persons from 33 different nations are on the list.
Banga caused a stir earlier this year when he was chosen to lead the World Bank. He previously held the position of vice chairman at General Atlantic. Before transferring to Mastercard, where he was paid Rs 192 crore, he spent more than ten years working for Citigroup and Nestle.
He attended Hyderabad Public School for his formal education. He received his degree from St. Stephen’s College. At the Indian Institute of Management in Ahmedabad, he later completed an MBA.
In 2016, Ajay Banga was awarded the Padma Shri.
His net worth was Rs. 1700 crore in 2021. His annual compensation at Mastercards was $23,250,000 (about Rs. 192 crore).
He was named the five-year president of the World Bank.
“Under his direction, MasterCard established the Centre for Inclusive Growth, which promotes global financial inclusion and equitable and sustainable economic growth. According to the World Bank website, he was the Honorary Chairman of the International Chamber of Commerce from 2020 to 2022.
Sundar Pichai is the CEO of Google.