M. S. Banga

2021-08-04T13:36:32Z

2405:201:400A:880E:6838:E89D:870E:F124: /* Career */

{{short description|Indian businessman|bot=PearBOT 5}}
{{EngvarB|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{Infobox person
|name =M. S. Banga
|image =Manvinder S. Banga - World Economic Forum Annual Meeting Davos 2010.jpg
|caption =Banga at the [[World Economic Forum]] annual meeting in Davos, 2010
|birth_name =Manvinder Singh Banga
|other_names =Vindi Banga
|birth_place =Shimla
|birth_date ={{birth date and age|df=yes|1954|10|31}}
|children =Tavraj Banga, Udaibir Banga
|spouse =Kamini
}}
'''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 [[Shimla|Simla]] (then in the state of [[Punjab, India|Punjab]]) into a [[Sikh people|Sikh]] family, the son of [[Lieutenant general|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|date=October 2017}} He earned a master in business administration from the [[Indian Institute of Management, Ahmedabad|Indian Institute of Management (IIM-A)]].<ref name="bloombergbio">{{cite web|title=Company Overview of Kedaara Capital Investment Managers Limited: Manvinder Singh Banga|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=8666774&privcapId=144086841|website=Bloomberg|access-date=2 October 2017}}</ref>

==Career==
Banga worked for [[Unilever]] for 33 years.<ref name="marksandspencersvindibanga">{{cite web|title=Our leadership team: Vindi Banga|url=https://corporate.marksandspencer.com/aboutus/our-leadership-team/team-folder/vindi-banga?section=ourBoard|website=Marks and Spencers|access-date=1 October 2017}}</ref> He served as the chairman and chief executive officer of Hindustan Lever Ltd.<ref name="timesofindia33yearson">{{cite news|title=33 years on, Vindi Banga quits Unilever|url=http://timesofindia.indiatimes.com/business/india-business/33-years-on-Vindi-Banga-quits-Unilever/articleshow/5699878.cms|access-date=2 October 2017|work=The Times of India|date=19 March 2010}}</ref> 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.<ref>"Banga elevated as global foods head ", The Financial Express, 11 February 2005 {{cite web|url=http://www.financialexpress.com/fe_full_story.php?content_id%3D82264 |title=Archived copy |access-date=2006-11-28 |url-status=dead |archive-url=https://web.archive.org/web/20060825184926/http://www.financialexpress.com/fe_full_story.php?content_id=82264 |archive-date=25 August 2006 }}</ref>

Banga is currently a non-executive director on the Boards of Glaxo Smith Kline Plc,<ref name="gskboard">{{cite web|title=Board of Directors: Manvinder Singh (Vindi) Banga|url=https://www.gsk.com/en-gb/about-us/board-of-directors/manvinder-singh-vindi-banga/|website=GSK|access-date=1 October 2017}}</ref> Thomson Reuters, and [[Marks & Spencer]]. He is also on the Board of the Confederation of British Industry. He is a Senior Partner at one of the world's oldest and leading private equity firms, Clayton Dubilier & Rice.<ref name="marksandspencersvindibanga"/> He served on the Prime Minister of India's Council for Trade & Industry from 2004 to 2014.<ref name="gskboard"/> He was awarded the [[Padma Bhushan]] by the President of India in 2010.<ref name="marksandspencersvindibanga"/><ref>{{cite web|url=http://www.mha.nic.in/pdfs/PadmaAwd2010.pdf|title=Padma Awards: Press Note|date=25 January 2010|publisher=Ministry of Home Affairs|access-date=24 December 2011|url-status=dead|archive-url=https://web.archive.org/web/20111126141319/http://mha.nic.in/pdfs/PadmaAwd2010.pdf|archive-date=26 November 2011|df=dmy-all}}</ref>

Vindi Banga has been appointed as Chair of the UK Government Investments (UKGI), an arm's length body of the Treasury department and the government's centre of expertise in corporate finance and governance.<ref name="connectedtoindiavindibanga">{{cite web|title=Indian-origin business veteran Vindi Banga appointed char of UK Government Investments|url=https://www.connectedtoindia.com/indian-origin-business-veteran-vindi-banga-appointed-char-of-uk-government-investments-9357.html|website=Connected to India|access-date=4 August 2021}}</ref>

==Philanthropy==
Vindi is the Chairman the Marie Curie Organisation in the UK, one of the leading charitable providers of palliative care services. He is also the Chair and Trustee of [[The Karta Initiative]],<ref>{{cite web|url=http://www.karta-initiative.org|title= Karta Initiative|website=Karta-initiative.org|date=29 December 2016}}</ref> a non profit organisation.

==Personal life==
Banga's brother, [[Ajay Banga|Ajaypal Singh Banga]], is currently the [[Executive Chairman]] of [[MasterCard]].<ref>(12 April 2010.) [http://www.mastercard.com/us/company/en/newsroom/ceo_transition_announcement.html "MasterCard Names Ajay Banga President and Chief Executive Officer Succeeding Robert W. Selander."] Mastercard.com. Accessed January 2012</ref>

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. <ref>https://www.heliosinvestment.com/tavraj-banga</ref>

==References==
{{Reflist}}

{{GlaxoSmithKline}}
{{PadmaBhushanAwardRecipients 2010–19}}
{{Authority control}}

{{DEFAULTSORT:Banga, M}}
[[Category:Indian chief executives]]
[[Category:1954 births]]
[[Category:Living people]]
[[Category:People from Shimla]]
[[Category:Indian Institute of Management Ahmedabad alumni]]
[[Category:Unilever people]]
[[Category:Punjabi people]]
[[Category:Recipients of the Padma Bhushan in trade and industry]]
[[Category:Delhi Public School alumni]]
[[Category:Businesspeople from Himachal Pradesh]]

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M. S. Banga