Master­card Names New Pres­i­dent for MENA

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Master­card to­day an­nounced a se­ries of Mid­dle East and Africa lead­er­ship changes, ef­fec­tive Jan­uary 1, 2016.

Raghu Malhotra has been ap­pointed pres­i­dent, Mid­dle East and Africa, tak­ing over from Michael Miebach, who will be­come chief prod­uct of­fi­cer, based at the com­pany’s global head­quar­ters in New York. Malhotra, who has been over­see­ing ac­tiv­i­ties for the 39 mar­kets across the Mid­dle East and North Africa, will now be re­spon­si­ble for driv­ing the evo­lu­tion of the com­pany’s tech­nolo­gies and de­liv­er­ing in­creased value to Master­card stake­hold­ers across the en­tire re­gion, in­clud­ing sub-sa­ha­ran Africa and South Africa. He has been at Master­card for more 10 years, hold­ing se­nior lead­er­ship roles in Asia and the Mid­dle East. As Miebach be­comes chief prod­uct of­fi­cer, he will bring an ex­tended global ex­pe­ri­ence from ma­ture and emerg­ing mar­kets in Europe, the Mid­dle East and Africa, help­ing to evolve prod­ucts and tech­nolo­gies based on in­di­vid­ual mar­kets’ needs. Miebach joined the com­pany in 2010, pre­vi­ously hold­ing se­nior roles at Bar­clays and Citibank.

Raghu Malhotra

Michael Miebach

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