Obama selects MasterCard CEO Banga to key administration postTop Stories

April 15, 2016 09:51
Obama selects MasterCard CEO Banga to key administration post

The US President Barack Obama appointed MasterCard’s Indian-origin  CEO Ajay Banga to a key administration post in a newly announced commission  on boosting National Cybersecurity.

Indian-American Banga is one among ten members nominated by the US president for the  Commission on Enhancing National Cybersecurity, the White House announced.

Obama said that, "I have charged the Commission on boosting 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," he added.

Banga is serving as president and CEO of MasterCard  since 2010, while he joined  MasterCard as  President and COO in 2009.

He had played several senior management roles with Citigroup between 1996 and 2009. He worked as CEO of Citigroup Asia Pacific. Banga started his career with Nestle India, then he served as a  director for Marketing and Business Development at PepsiCo Restaurants International India from 1994 to 1996.

Banga has completed his degree from the Indian Institute of Management, Ahmedabad in India. He is serving as a member of the Council of Foreign Relations, the Board of Governors of the American Red Cross, the Board of Directors of the Dow Chemical Company. He is also serving as head  of the Financial Services Roundtable and Co-Chair of the American India Foundation.

Also read: Indian-origin researcher selected for NASA revolutionary future space mission

Nandini

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