NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

By McKenna Moore

On the newest episode of Leadership Next, Fortune CEO Alan Murray is joined by Ajay Banga, the CEO of Mastercard. The two chief executives talk about the pandemic, digitization, stakeholder capitalism, and more.

Murray introduces Banga as one of the best examples he’s seen of the new brand of CEO that sincerely wants to focus their companies’ abilities on addressing society’s deepest problems. And Banga’s passion is financial inclusion, around which Mastercard has launched approximately 1,500 projects under his leadership.

With his eye on that issue, Banga said that the digitization he believes is being accelerated by the coronavirus crisis will need to be implemented carefully to not further stratify society.

Photo courtesy of EmilianDanaila.