Ritu Banga is a social entrepreneur, philanthropist, investor, and member of numerous boards. She is also the wife of General Atlantic chairman and former Mastercard CEO Ajay Banga.
Early Childhood and Education of Ajay Banga’s Wife Ritu Banga
Ritu Banga grew up in India. The names of her mother and father are unknown. Ajay Banga was her husband. Aditi Banga and Jojo Banga are their two children. Her father-in-law is Harbhajan Singh Banga, and her mother-in-law is Jaswant Banga. And her ethnicity is Indian. Her astrological sign is unknown.
Ritu Banga earned her bachelor’s degree from Delhi University.
Entrepreneurship and Career of Ritu Banga
Ritu Banga began her career in advertising with Rediffusion, an IIMA alumni business. She later worked as a program manager for HCL, where she was in charge of marketing and sales for computer hardware and software. She eventually moved on to Mode, another IIM Calcutta alumni firm, where she conducted consumer products and services market research.
Ritu Banga established her own consulting firm, Point of View, in 1994, specializing in qualitative research and brand strategy. She worked with companies including Unilever, PepsiCo, Nestle, and Colgate-Palmolive, among others. She also led consumer behavior and marketing courses and seminars.
Ritu Banga relocated to the United States with her husband and children in 1997. She ran her consultancy firm remotely until 2004, when she decided to close it. She then concentrated on her family and community service. Then she joined the board of trustees of Marymount School of New York, a Catholic girls’ school. She was also a member of the American Institute of Architects’ New York chapter’s advisory committee.
Ritu Banga co-founded Zoomdojo in 2012, a social organization that gives students, new graduates, and startup entrepreneurs with online and offline employment resources and coaching. Zoomdojo’s mission is to assist young people in finding jobs and internships, developing their skills, and connecting with mentors and employers. Zoomdojo also hosts events and workshops on a variety of professional development and entrepreneurship themes.
Social Impact and Philanthropy
Ritu Banga is deeply committed to global health equity, education, youth employment, and women’s empowerment. She established an endowment at Weill Cornell Medicine that awards the Ritu Banga Healthcare Disparities Research Awards each year. The prizes promote excellence in research, which will eventually lead to advances in the health of women and underrepresented minorities, as well as a reduction in health disparities in healthcare systems and clinical settings.
Ritu Banga is also a member of Weill Cornell Medicine’s board of fellows, where she advises on strategic initiatives and fundraising activities. She is also a member of the QuadFi advisory board and an investor in the Canadian fintech business, which uses non-traditional personal and financial data and AI to establish an alternative credit rating system for underserved credit groups such as recent grads and immigrants.
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Ritu Banga also serves on the advisory board and invests in SmartPurse, a money coaching and learning e-toolbox that empowers women to achieve financial confidence and independence. She is also a member of Virtual Enterprises International’s national advisory council, a non-profit organization that provides experiential learning programs for high school students to establish and run their own virtual enterprises.
She is also interested in promoting girls’ and women’s education in Asia. And she is a founding trustee of Asian University for Women (AUW), a liberal arts university in Bangladesh that provides outstanding education to Asian women from varied backgrounds. She also supports Pratham USA, an organization that seeks to enhance the educational condition of children in India.
Personal Life of Ritu Banga | Married with Ajay Banga
She is married to Ajay Banga, the chairman of General Atlantic, a private equity business that invests in growth firms in a variety of industries and countries. From 2010 to 2020, he was President and CEO of Mastercard. He was also suggested by the US government as a candidate for World Bank President in 2019.
Jojo and Didi are Ritu and Ajay Banga’s two daughters. They are residents of New York City. They are enthusiastic art collectors as well as benefactors of cultural institutions such as the Metropolitan Museum of Art, the Asia Society, and the Lincoln Center for Performing Arts.
She is a multidimensional woman who has achieved success in a variety of disciplines, including business, entrepreneurship, philanthropy, and social impact. She is an inspiration to many young ladies who want to follow their dreams and make a difference in the world. Also she is a devoted wife and mother who manages to balance her personal and professional lives with grace and respect. She is certainly an inspiration to everyone.