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Mastercard has appointed Gautam Aggarwal as Division President for South Asia & Nation Company Officer, India, efficient January 1. He takes the mantle from Nikhil Sahni, who’s assuming a brand new regional position inside the firm.

Along with his new remit, Aggarwal will oversee all of Mastercard’s actions throughout South Asia and India, together with product administration, engagements with clients and regulators, advertising and extra. As well as, as head of the fee expertise agency’s South Asia division, primarily based out of Mumbai, he’ll lead operations throughout the sub-continent, overlaying Sri Lanka, Bangladesh, Nepal, Maldives and Bhutan, along with India.

Aggarwal joined Mastercard in 2014, bringing with him greater than a decade of expertise throughout expertise, gross sales and enterprise growth, product administration, technique, and M&A.

“With greater than twenty years of expertise, innovation, and business market expertise, Gautam brings a powerful multidisciplinary background and world perspective to addressing regional priorities. Mixed together with his Mastercard know-how gleaned from his eight years with the corporate that noticed him spearheading various strategic initiatives and numerous expertise investments, he’s uniquely geared up to make sure that Mastercard is poised to deal with the vary of alternatives and challenges forward,” mentioned Ari Sarker, President, Asia Pacific, Mastercard. “As the corporate enters the subsequent section of its progress journey in South Asia, we stay up for deepening partnerships with stakeholders in India and throughout the sub-continent underneath Gautam’s management.”

“I’m extremely energized to steward Mastercard’s South Asia division which incorporates among the quickest rising, most dynamic economies on the planet. With the India progress story specifically being carefully watched globally, Mastercard is dedicated to doing all that it could actually to allow the federal government’s Digital India imaginative and prescient by investing the complete breadth of its sources – individuals, knowledge, companies, expertise, philanthropy – to help the nation’s long-term inclusive progress,” mentioned Aggarwal.

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