 "Ajay Banga")
MasterCard CEO Ajay Banga has been appointed as a co-chair of American India Foundation (AIF), a nonprofit organisation that is devoted to accelerating social and economic change in India.
"Ajay Banga, President and Chief Executive Officer of MasterCard, has graciously accepted our invitation to join the AIF Board of Directors and has further agreed to serve as a co-chair of the Board, bringing immense experience and passion in US-India relations and business," Lata Krishnan, co-founder and co-chair of the American India Foundation (AIF) said in a statement.
In addition to his role at MasterCard, Banga is a member of President Barack Obama's Advisory Committee for Trade Policy and Negotiations.
He serves on the board of directors of the US-India Business Council (USIBC), where he recently completed his tenure as its longest-serving chairman.
He is also a member of the US-India CEO Forum.
Early this week, he was selected for the Padma Shri, an auspicious award given by the President of India.
"look forward to working with Lata and the entire AIF team as they continue to drive social and economic inclusion in India and build an even stronger bridge between the United States and India," Banga said.
"I've seen the impact organisations like this can have on empowering individuals to live more productive lives. With the current pace of change, it's an exciting time to be joining this group," he said.
