M. S. Banga
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M. S. Banga | |
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 Banga at the World Economic Forum annual meeting in Davos, 2010 | |
| Born | Manvinder Singh Banga 31 October 1954 |
| Other names | Vindi Banga |
| Spouse | Kamini |
| Children | 2 |
| Relatives | Ajaypal Singh Banga (brother) |
Manvinder "Vindi" Singh Banga is an Indian businessman. He is a senior partner at the private equity fund Clayton, Dubilier & Rice.
Early life
Banga was born on 31 October 1954 in Simla (then in the state of Punjab) into a Sikh family, the son of Lt.Gen. Harbhajan Singh Banga, a decorated General in the Indian Army, and his wife Jaswant Kaur.
Banga graduated from the Indian Institute of Technology, Delhi in 1975 and did BTech degree in mechanical engineering.[citation needed] He earned a master in business administration from the Indian Institute of Management (IIM-A).[1]
Career
Banga worked for Unilever for 33 years.[2] He served as the chairman and chief executive officer of Hindustan Unilever.[3] In February 2005, as part of a major reorganization of Unilever's upper management, Banga was elevated to the Unilever Executive, as the global head of the foods division and ultimately took over the HPC division as well - effectively running all of Unilever’s categories across the globe. He was also responsible for their sustainability initiative.[4]
Banga is currently a non-executive director on the boards of Glaxo Smith Kline,[5] Thomson Reuters and Marks & Spencer. He is also on the board of the Confederation of British Industry. He is a senior partner at private equity firm Clayton, Dubilier & Rice.[2] He served on the Prime Minister of India's Council for Trade & Industry from 2004 to 2014.[5] He was awarded the Padma Bhushan by the President of India in 2010.[2][6]
Vindi Banga has been appointed as Chair of the UK Government Investments.[7]
Philanthropy
Vindi is the Chairman the Marie Curie charity in the United Kingdom, one of the leading charitable providers of palliative care services. He is also the Chair and Trustee of The Karta Initiative,[8] a non profit organisation.
Personal life
Banga's brother, Ajay Banga, is currently the Executive Chairman of Mastercard.[9]
Banga has two sons, both based in the UK: Tavraj Banga, a senior executive at Helios Investment Partners; and Udaibir Banga, a private equity investor at CVC Capital Partners.[10]
References
- ^ "Company Overview of Kedaara Capital Investment Managers Limited: Manvinder Singh Banga". Bloomberg News. Retrieved 2 October 2017.
- ^ a b c "Our leadership team: Vindi Banga". Marks & Spencer. Retrieved 1 October 2017.
- ^ "33 years on, Vindi Banga quits Unilever". Times of India. 19 March 2010. Retrieved 2 October 2017.
- ^ "Banga elevated as global foods head ", The Financial Express, 11 February 2005 "Banga elevated as global foods head". Archived from the original on 25 August 2006. Retrieved 28 November 2006.
- ^ a b "Board of Directors: Manvinder Singh (Vindi) Banga". Glaxo Smith Kline. Retrieved 1 October 2017.
- ^ "Padma Awards: Press Note" (PDF). Ministry of Home Affairs. 25 January 2010. Archived from the original (PDF) on 26 November 2011. Retrieved 24 December 2011.
- ^ "Indian-origin business veteran Vindi Banga appointed char of UK Government Investments". Connected to India. Retrieved 4 August 2021.
- ^ "Karta Initiative". Karta-initiative.org. 29 December 2016.
- ^ (12 April 2010.) "MasterCard Names Ajay Banga President and Chief Executive Officer Succeeding Robert W. Selander." Mastercard Accessed January 2012
- ^ https://www.heliosinvestment.com/tavraj-banga
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