PTI rated the claim “An image purportedly depicts World Bank President Ajay Banga holding a Khalistani flag.” False.
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Ajaypal Singh Banga
Ajaypal Singh "Ajay" Banga is an Indian-born American business executive, who is the president of the World Bank Group since 2023. He was the executive chairman of Mastercard, after having previously been president and chief executive officer (CEO) of the company from July 2010 until December 2020. He retired from this position in December 2021, and joined General Atlantic as its vice chairman.
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business · Indian-American business executive (born 1959) · entrepreneur · businessperson · also Ajaypal Singh Banga, Ajay Banga, Ajaypal "Ajay" Singh Banga, Ajay S. Banga, Ajaypal Banga, Ajay Singh Banga
Born 10 November 1959 · Q4699676
19 published statements · 0 followers
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2026· 1 entry
2025· 1 entry
Reported claimRated False. The World Bank does not have a single “climate fund”, and Oxfam did not find that funds are “missing”. · AAP
AAP rated the claim “Oxfam report found $41 billion missing from the World Bank’s climate fund under Ajay Banga’s term.” False. The World Bank does not have a single “climate fund”, and Oxfam did not find that funds are “missing”..
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2024· 1 entry
Reported claimRated Totally False. Oxfam’s Climate Finance Unchecked report covered the 2017/18 to 2022/23 financial years, much before Ajay Banga's tenure started at the World Bank. · DigitEye India
DigitEye India rated the claim “A staggering $41 billion has gone missing from the globalist World Bank’s Climate Change fund under the watch of Ajay Banga” Totally False. Oxfam’s Climate Finance Unchecked report covered the 2017/18 to 2022/23 financial years, much before Ajay Banga's tenure started at the World Bank..
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2023· 3 entries
The World Bank confirmed Banga as its fourteenth president, and he started his term on June 2, 2023
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Banga was nominated by President Biden to lead the World Bank
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Career landmark: President of the World Bank Group (2023).
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2022· 3 entries
Awarded Bintang Bakti Masyarakat (2022).
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Was nominated non-executive chairman of Exor, the diversified holding company controlled by the Agnelli family, replacing John Elkann (who remained as CEO)
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Banga assumed responsibilities at General Atlantic as vice chairman
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2020· 2 entries
Banga was elected chairman of the International Chamber of Commerce (ICC), succeeding Paul Polman
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Announced the creation of the Priceless Planet Coalition, a group of about 100 firms that make corporate investments to preserve the environment and launched Mastercard's pledge to plant 100 million trees
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2008· 3 entries
Banga became chief executive of the bank's Asia-Pacific business, and splitting time between New York and Hong Kong
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From Citigroup, making him one of the firm's highest paid executives that year
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That gave regional heads increased authority across the bank's product lines
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2007· 1 entry
Banga became a naturalized U.S. citizen in 2007.
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1996· 1 entry
Banga joined Citigroup, where he briefly worked as a debt collector as part of his training
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1981· 1 entry
Banga spent the next 13 years working in jobs spanning sales, marketing, and general management
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1959· 2 entries
Into a Punjabi Sikh Saini family, in Khadki, Bombay State (now in Maharashtra), where his father, an army officer, was posted
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Born 1959-11-10.
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