Philip Panaino
Philip Panaino

Philip Panaino

Division President, South Africa


Philip Panaino is division president, South Africa in International Markets. In this role, he is responsible for the overall performance of MasterCard in South Africa by leading the business in a strategic direction and ensuring that MasterCard continues to provide simple and secure electronic payment solutions to customers and consumers across South Africa.

Prior to joining MasterCard, Mr. Panaino was chief operating officer for Smartec Technologies, a payments service and technology organization. In this role, he led the development of acquisitions in new transaction flows and consumer payment capabilities including enhanced self-service, mobile payments and contactless payment solutions.

Mr. Panaino spent the first 11 years of his career with Citi, where his last assignment was director and head of global transactions services for South Africa. Prior to this position, he was vice president for the Sub-Saharan Africa business, fulfilling the role of business manager of global transaction services across 11 African countries.

Mr. Panaino holds a Bachelor’s degree in commerce, banking and financial management from Milpark Business School.