Our Executives

Michael Miebach, President of Mastercard, is responsible for overseeing the sales, marketing, products, services, and technology organizations for the company. Mastercard’s Board unanimously elected Michael to succeed Ajay Banga as Chief Executive Officer on January 1, 2021. 

Michael brings deep expertise in digital innovation, emerging technologies, regulation, fintech, and financial services to forge innovative partnerships across the ecosystem. He has a wealth of insights and global experience from a 25-year career spanning payments and banking services and technology.

As Chief Product Officer, Michael helped transform the company’s offerings from consumer cards to providing a variety of multi-rail payment solutions. Michael has been a key driver in developing and executing the strategy to evolve and diversify Mastercard, leading the acquisition of Vocalink and the pending transaction with Nets--to address a broader set of payment flows.

His collaborative approach creates scalable and trusted solutions for the exchange of payments and data towards a more inclusive digital economy where everyone is connected, and everyone can thrive.

He previously led Mastercard across the Middle East and Africa and held senior roles at both Barclays Bank and Citibank.

He is a member of the digital advisory council of Fannie Mae, which makes sustainable homeownership and workforce rental housing a reality for millions of Americans, and a member of the Board of Directors for the nonprofit Accion which gives people across the world the financial tools and services they need to prosper. Both roles give Michael the opportunity to pursue his passion for bringing more people greater opportunities in the formal economy. Michael is also a member of the Board of Directors of the Ronald McDonald House New York City, a charity that offers vital resources and compassionate care to children and their families being treated by the world’s leading pediatric cancer hospitals.

Michael holds a Master of Business Administration from the University of Passau in Germany. He lives with his family in New York.

Mark Barnett is President of Mastercard Europe and a member of the company’s management committee since 1 June 2020. He is responsible for the overall success of the only true multi-rail payments technology company, across a region that encompasses 53 countries and serves over 950 million people through partnerships with retailers, financial institutions and businesses.

In this role, Mark leads a business focused on doing well, doing good and making people’s lives easier by delivering simple and secure ways to pay and by fostering a culture where he drives new technology and innovation to position Mastercard as the partner of choice. 

Mark joined Mastercard in 2003 and has held various roles. Prior to his current role, Mark was the President of the Mastercard UK, Ireland, Nordics and Baltics Division. 

Mark has over 20 years’ experience in the retail banking and payments industry. Most of his client work has been at board level; developing payments strategy, designing innovative new products, advising card schemes and processors, supporting government payment initiatives and implementing major transformation programs.

Mark has an MBA from Imperial College Business School, University of London, and a Bachelor’s degree in Economics, also from London University.

Ling Hai is President for Asia Pacific, Europe, Middle East & Africa (APEMEA) at Mastercard and member of both the Executive Leadership Team and Management Committee. He is responsible for advancing Mastercard’s business strategy, sales, business development, product management and engagements with customers and regulators in more than 165 markets. He is also Chairman of Mastercard NUCC Information Technology (Beijing) Co., Ltd., Mastercard's joint venture entity in China. 

In his former capacity as Co-President for Asia Pacific at Mastercard, he oversaw all the company’s activities in the region. He was also previously President, Head of Enterprise Development and Division President of Greater China for Mastercard.

Ling Hai serves on various corporate and non-profit boards – Board Director for the National Committee of US-China Relations, Board Deputy for the EDISON Alliance, Board Director and Member of Risk Committee for Cuscal Limited and Board Chair for Wan Shi Wang Lian Network Technology. He is also a Member of the Aspen Global Leadership Network.

Ling Hai obtained his MBA from the University of Chicago, Booth School of Business. He also holds an honorary degree of Doctor of Humane Letters and a Bachelor of Science degree from The College of Saint Rose.

Raghu Malhotra is an international business, technology, and finance executive with a proven track record in driving organizational impact and elevating growth and profitability.

He currently holds the position of President, Global Enterprise Growth, where he is focused on advancing strategic areas and addressing global trends to meet evolving customer needs and drive long-term, sustainable organic and inorganic growth.

Raghu is member of both Mastercard’s Executive Leadership Team, which sets and oversees the company’s strategy and priorities, and Mastercard’s Management Committee, which ensures the implementation and delivery of the company’s strategic priorities at a global scale.

Since joining Mastercard in 2000, Raghu has held several senior leadership roles. Most recently, he was co-president of International Markets where he advanced the company’s business strategy in more than 200 markets across Europe, Middle East, Africa, Asia Pacific and Latin America. Prior to that, he served as President for Mastercard’s Middle East and Africa operations.

During the past two decades at Mastercard, Raghu has played a pivotal role in advancing the company’s growth strategy including multiple M&A initiatives, the development of Mastercard’s new operating model and diversifying Mastercard’s focus across a variety of areas such as cybersecurity, services and data, and AI. He has also diversified the customer base across various segments including governments, retail and commerce, SME, and fintech to mention a few.

During his tenure, Raghu has also been instrumental in expanding Mastercard’s collaboration with central governments, and forming significant partnerships that enhance the digital ecosystem. This has led to the development of interoperable financial networks in key markets, and several global “firsts” that are positively impacting the lives of hundreds of millions of people.

Before joining Mastercard, Raghu held a variety of roles at Citicorp, American Express and ANZ Grindlays Bank.

He holds/held a number of international Board-level positions in publicly listed firms, the private and CSR sectors including the U.S. President’s Advisory Council on Doing Business in Africa, Network International, Junior Achievement Middle East (Injaz), the Dubai Chamber of Commerce International Advisory Council, the US-Africa Center US Chamber of Commerce, More than Capital and is a member of the World Economic Forum Africa Business Council.

Raghu is a respected public speaker and has received numerous prestigious accolades, including being named among the top business leaders by Forbes consecutively from 2014.

He holds an honors degree in Commerce and an MBA and is an alumnus of the University of Delhi, University of Melbourne, and Harvard Business School.