Ajay Banga is Chairman and Chief Executive Officer of Citigroup’s Global Consumer Group International businesses. His responsibilities include all credit card, retail banking, and consumer finance operations in Asia, Japan, Europe/Middle East/Africa, Latin America, and Mexico. Mr. Banga was named to this position in August 2005. He previously served as an Executive Vice President of the Global Consumer Group and President of Retail Banking North America. At that time, he was responsible for branch banking, commercial banking, commercial real estate, commercial financing and leasing, mortgages, student loans, and the Primerica Financial Services distribution channel. Appointed to the role in 2002, he had additional responsibility for servicing and technology for all the real estate businesses in the consumer bank. Mr. Banga is a member of Citigroup’s Business Heads, Operating, and Management Committees, and the Global Consumer Group’s Planning Committee.
 
Mr. Banga, who joined Citigroup in 1996, was business head for CitiFinancial and the U.S. Consumer Assets Division from 2000 to 2002. Previously he worked in London as Division Executive for the Consumer Bank in Central/Eastern Europe, Middle East, Africa, and the Indian subcontinent from 1998 to 2000. Early in his Citibank career, he was based in Brussels, where he was the Head of Sales, Marketing, and Business Development for the Europe, Middle East and Africa Region.
 
Mr. Banga began his business career as a management trainee with Nestle in 1981. He spent the next 13 years in a variety of assignments spanning sales, marketing, and general management. He later joined PepsiCo in its Restaurants Division and was instrumental in the launch of Pizza Hut and KFC in India.
 
Mr. Banga is a member of the Financial Services Roundtable (F.S.R., an industry organization) as well as Vice-Chairman of the Board of Trustees of the New York Hall of Science. An alumnus of the Indian Institute of Management in Ahmedabad, India, Mr. Banga lives in New York.