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Dow names MasterCard CEO to board

10:26 AM MST | February 19, 2013 | Lindsay Frost

Dow Chemical has named Ajay Banga, president and CEO of MasterCard, to its board, effective immediately. Banga joined MasterCard in 2009, and prior had been CEO of Citigroup Asia Pacific. At Citigroup, Banga held a variety of senior management roles in the United States, Asia/Pacific and EMEA—Europe, the Mideast, and Africa. Banga has also held executive positions at Nestlé and PepsiCo. “Ajay Banga brings to Dow an exceptional understanding of key international markets, as well as the financial sector and a variety of downstream...

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