M. S. Banga

M. S. Banga
Banga at the World Economic Forum annual meeting in Davos, 2010
Born Manvinder Singh Banga
(1954-10-31) October 31, 1954
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

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.

Banga graduated from the Indian Institute of Technology, Delhi in 1975 and did BTech degree in Mechanical Engineering. 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 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 & Spencer.[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

Banga is an advisor to the Karta Initiative,[7] a non profit organisation.

Personal life

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

  1. ↑ "Company Overview of Kedaara Capital Investment Managers Limited: Manvinder Singh Banga". Bloomberg. Retrieved 2 October 2017.
  2. 1 2 3 "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. 1 2 "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. Archived from the original (PDF) on 26 November 2011. 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.
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