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St Edwards Alumnus Ajay Banga to be WB Chief

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Shimla, Feb 24 – Ajay Banga, CEO of Mastercard a leading global payments & technology company nominated by US government as next President of World Bank.

 Banga is alumnus of saint Edward School Shimla. His father, Harbhajan Singh Banga is a retired lieutenant general AND during his posting at ARTRAC Shimla junior Banga finished his schooling in St.Edward ‘s School Shimla . According to class mate of Mastercard CEO Education , Anil Walia said Banga did primary education from St. Edward’s School Shimla and Public School in Hyderabad, India. Born in Pune , Banga went on to graduate with a Bachelor of Arts (Honours) degree in Economics from St. Stephen’s College, Delhi University followed by PGP in Management (equivalent to MBA) from the Indian Institute of Management, Ahmedabad.

The 63 – year old started his career with Nestle in India and went on to work with the Citigroup in India and Malaysia.His family is originally from Jalandhar, Punjab. Notably, US Prez. Joe Biden yesterday nominated former Mastercard Chief Executive Officer Ajay Banga to lead World Bank. He would be first Indian-born nominee to the World Bank president role.

Banga’s nomination is the first to be made public, but the bank will accept nominations from other member countries through March 29. in its 77-year history he would be first Indian- American as World Bank president .

Pertinently here that large numbers of Alumni of St Edwards school were elevated to highest post in the country. Including first chief of Army staff, General Rawat first commander in chief of Indian Defence force’ and former vice President of India MH Ansari having shone the glory of Shimla St Edwards school being his alma matter.

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