Turban, beard make me stand out in a room: MasterCard CEO

Press Trust Of India New York
Last Updated : Jun 04 2014 | 12:43 AM IST
India-born MasterCard chief executive Ajay Banga said his turban and beard made him stand out in a crowd. He said he had undergone random searches at US airports though he ran a global company, underscoring the need for diversity in the multi-racial country.

He was invited to deliver the 2014 commencement address at New York University Stern School of Business' convocation ceremony.

Banga said though he had felt different from others, he realised early in life that being comfortable with his identity and working hard was critical to succeed in life.

Also Read

Banga, 54, told a large audience of students, faculty and parents, "It's critical you figure out who you are and be comfortable with it. What is important is what you do and how you do it, not where you come from or what you look like. That's going to be very important for your future." Stressing on the importance of diversity in life and workplace, Banga said diversity drove better insights, better decisions and better products.

"It's the backbone of innovation. It's what defines a great leadership culture. So, a sense of urgency, a sense of balance, deep courage, and competitive paranoia - all of these are tremendously facilitated if you surround yourself with people who don't look like you, don't walk like you, don't talk like you and don't have the same experiences as you. "And why is that so important? Because a group of similar people tends to think in similar ways, reach similar conclusions, and have similar blind spots." Banga said he had enjoyed his time, "perhaps a little too much" at IIM-Ahmedabad.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 04 2014 | 12:35 AM IST

Next Story