Ajaypal Singh Banga and Ritu Banga bought condo Unit #4DS at 275 Greenwich St. in Tribeca for $705,000 from Bernard Chua on Sept. 15.

Banga has served as the president and chief operating officer at MasterCard Worldwide Inc. since August.

He previously spent 13 years with Citibank, where he most recently served as the CEO of Citi Asia Pacific. He joined Citi in 1996 after previously working with PepsiCo. He graduated from the Indian Institute of Management in Ahmedabad, India.

According to BlockShopper.com, there have been 65 condo sales in Tribeca during the past 12 months, with a median sales price of $2 million.

Address: 275 Greenwich Street, Unit: 4ds
Buyer(s): Banga, Ritu, Banga and Ajaypal Singh
Seller(s): Chua and Bernard
Sale date: Sep. 15, 2009