Ajay Banga is a member of the Kraft Foods Board of Directors and Co-Chairman and Chief Executive Officer, Global Consumer Group, Citigroup, Inc. Mr. Banga's responsibilities include all credit card, retail banking, and consumer finance operations in Asia, Japan, Europe/Middle East/Africa, Latin America and Mexico.

Mr. Banga previously served as an Executive Vice President of Citigroup's Global Consumer Group and President of Citigroup's Retail Banking North America. In that role, he was responsible for branch and commercial banking, commercial real estate, commercial financing and leasing, mortgages, student loans and the Primerica Financial Services distribution channel.

Since joining Citigroup in 1996, Mr. Banga also has worked as business head for CitiFinancial and the U.S. Consumer Assets Division and as division executive for the consumer bank in Central/Eastern Europe, Middle East, Africa and India.

Mr. Banga began his business career as a management trainee with Nestlé in 1981. He spent the next 13 years in a variety of assignments spanning sales, marketing and general management. He later joined PepsiCo in its Restaurants Division and was instrumental in the launch of Pizza Hut and KFC in India.

Mr. Banga is an alumnus of the Indian Institute of Management in Ahmedabad, India. He is a member of the Financial Services Roundtable and the Board of Trustees of the National Urban League, and a vice-chairman of the Board of trustees of the New York Hall of Science. He is also a member of the Board of Trustees for the Asia Society.