Indian American Dr. Nana Banerjee has been appointed as president and chief executive officer of McGraw-Hill Education.
Dr. Banerjee, 47, will be based in New York and succeeds Lloyd G. “Buzz” Waterhouse, who became interim president and CEO in October of 2017 having previously served as president and CEO from June 2012 through April 2014.
“After a thoughtful and thorough search, we chose Nana for his outstanding leadership and stellar management skills. Nana’s deep knowledge of analytics and artificial intelligence, his lifelong passion for education and his demonstrated ability to deliver value for global employees, customers and investors will be instrumental in growing our businesses. He will continue our journey as a learning science company focused on helping students achieve better outcomes,” Larry Berg, senior partner with Apollo Global Management and chairman of the Board of McGraw-Hill Education, said in a press release.
Prior to his appointment Dr. Banerjee was the group president of Verisk Analytics where he had a proven track record of driving global growth and exceptional performance in both public and private companies.
“Nana is a great choice to lead McGraw-Hill Education. His strengths dovetail with exactly what we need as we look ahead – a seasoned leader who understands the critical role that data and technology can play in education. As a learning science company, we are at the forefront of innovation in K-20 and professional education, and Nana’s extensive experience will be invaluable in deepening our relationships with educators,” Waterhouse said in a press release
Dr. Banerjee has also served as the head of Citibank’s credit card business in the United Kingdom as well as the vice president of marketing at GE Capital.
He began his career forecasting housing starts at The McGraw-Hill Companies’ FW Dodge unit.
Dr. Banerjee has a Ph.D. in applied mathematics from the State University of New York; a master of science degree in mathematics from the Indian Institutes of Technology, Delhi; and a bachelor of science degree with honors in mathematics from St. Stephens College, Delhi.
“I am honored and excited to be a part of McGraw-Hill Education. This iconic brand is founded on the reputation of its people, its content, and its tools, as the finest in the industry. I am looking forward to teaming up with our colleagues and fulfilling the promise of our vision to unlock the full potential of each learner with enhanced access and better quality learning solutions, enabled with scaled technologies and advanced analytics,” Dr. Banerjee said.