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Ajay Banga to take over as vice chairman of General Atlantic

Under Padma Shri Awardee Banga’s leadership Mastercard tripled its revenue and saw an increase of 16X in its market cap.

Image - generalatlantic.c

Leading growth equity firm, General Atlantic recently announced that former president and CEO of Mastercard, Ajay Banga has joined their firm as vice chairman and will take office from Jan. 1, 2022.

Reacting to the news Banga said, “Today’s entrepreneurs are currently building some of the most exciting solutions and companies in the financial, technology, healthcare and consumer sectors, and embedding in them new approaches to tackling some of the biggest societal and environmental issues of our time.”

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