November 27, 2014: He Is The Only Indian in Fortune's '2014's Top People in Business' List
MasterCard president and CEO, Ajay Singh Banga is the only Indian in Fortune's '2014's Top People in Business' list.
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| 2014's Top People in Business It has been a year of tumult—from volatile markets to viral outbreaks to a striking return to Cold War politics. But throughout all this disruption, our top candidates for Fortune’s annual CEO award kept a steady hand on the tiller—and took their companies full speed ahead. See our Methodology |
"Sometimes it's about being in the right place at the right time. For MasterCard, that very well could come in the form of Apple Pay, which may finally break the barrier between consumers and mobile payment. MasterCard and Banga could benefit from increased transactions using mobile phones," Fortune said.
The list was topped by Google CEO Larry Page.
The other Indian-origin person to make it to the list was Microsoft CEO Satya Nadella at number 38. Mr Nadella is an American citizen. He studied engineering at Manipal Institute of Technology in Karnataka, before moving to the US to pursue higher studies.
"Financial results, including 12-month and three-year growth in profits and revenues, figured prominently in our analysis. We also factored in company stock performance and total shareholder returns over the same periods. Non-financial elements, like business influence, leadership style, and strategic initiatives, played a part in our evaluation as well," Fortune said.
Apple CEO Tim Cook featured second in the rankings, followed by Gilead CEO John Martin, to round off the top three. The list featured the top 50 CEOs of 2014.
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