M. S. Banga

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M. S. Banga
Manvinder S. Banga - World Economic Forum Annual Meeting Davos 2010.jpg
Banga at the World Economic Forum annual meeting in Davos, 2010
Born Manvinder Singh Banga
(1954-10-31) October 31, 1954 (age 63)
Shimla
Other names Vindi Banga
Spouse(s) Kamini
Children Tavraj Banga

Manvinder Singh Banga (or Vindi Banga) is an Indian businessman. He is a senior partner at the private equity fund Clayton Dubilier & Rice.

Early life[edit]

Banga was born on 31 October 1954 in Simla (then in the state of Punjab), to Jaswant and Lt Gen Harbhajan Singh Banga who was a decorated General in the Indian Army.[citation needed]

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[edit]

Banga worked for Unilever for 33 years.[2] He served as the chairman and chief executive officer of Hindustan Lever Ltd..[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.[4]

Banga is currently a non-executive director on the Boards of Glaxo Smith Kline Plc,[5] Thomson Reuters, and Marks & Spencers.[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]

Philanthropy[edit]

Banga is an advisor to the Karta Initiative,[7] a non profit organisation seeking to widen access to world class higher education for outstanding low income talent from developing countries.

Personal life[edit]

Banga has a wife, Kamini.[citation needed] Ajay Banga (Ajaypal Singh Banga) is his brother and is currently the President and Chief Executive Officer of MasterCard.[8] Tavraj Banga is his son and a senior executive at the buy-out firm Terra Firma.[9]

References[edit]

  1. ^ "Company Overview of Kedaara Capital Investment Managers Limited: Manvinder Singh Banga". Bloomberg. Retrieved 2 October 2017. 
  2. ^ a b c "Our leadership team: Vindi Banga". Marks and Spencers. Retrieved 1 October 2017. 
  3. ^ "33 years on, Vindi Banga quits Unilever". The Times of India. March 19, 2010. Retrieved 2 October 2017. 
  4. ^ "Banga elevated as global foods head ", The Financial Express, 11 February 2005 "Archived copy". Archived from the original on 25 August 2006. Retrieved 2006-11-28. 
  5. ^ a b "Board of Directors: Manvinder Singh (Vindi) Banga". GSK. Retrieved 1 October 2017. 
  6. ^ "Padma Awards: Press Note" (PDF). Ministry of Home Affairs. 25 January 2010. Retrieved 24 December 2011. 
  7. ^ "Karta Initiative". Karta-initiative.org. 29 December 2016. 
  8. ^ (12 April 2010.) "MasterCard Names Ajay Banga President and Chief Executive Officer Succeeding Robert W. Selander." Mastercard.com. Accessed January 2012
  9. ^ Gupte, Masoom (17 July 2015). "December bash to toast May wedding of Vindi Banga's son". The Economic Times. Retrieved 2 October 2017.