MasterCard announces top executive appointments to harness growth markets

MasterCard Worldwide today announced three key executive moves that demonstrate the company’s ability to recognise talent and exploit new growth opportunities. 

Ajay Bhalla will move from Division President for South East and South Asia to President of DataCash effective 6 June 2011, and will be based in the UK. 

Matthew Driver will take on the role of Division President, South East Asia with immediate effect, and will be responsible for leading MasterCard’s business in Singapore, Malaysia, Thailand, the Philippines, Indonesia and Indochina. 

TV Seshadri will take up the position of General Manager of South Asia and Country President, India, responsible for promoting MasterCard’s business in India, Sri Lanka, Bangladesh, Nepal, Bhutan and the Maldives. During his 14 years with MasterCard, Seshadri has held several roles overseeing operations in South East Asia, and in country management in Singapore and South Asia. He has been credited with many successes, including spearheading the introduction of many innovative card products and new payment alternatives such as mobile commerce, as well as launching initiatives in e-commerce & chip design.