President, Middle East and Africa
Raghu Malhotra is the president of Mastercard Middle East and Africa and sits on the company’s global management committee. He is responsible for driving the company’s global strategy across 69 markets and has led its transition to being a pioneer in bringing new electronic payment solutions and services to the region, spanning safety, security, data, artificial intelligence - and helping advance social progress and inclusive growth.
Under his leadership, Mastercard has expanded its collaboration with central governments and public sector authorities, partnering to enhance the region’s infrastructure and digital ecosystem. This includes developing a number of technology ‘global-firsts’ that are impacting the lives of millions of people: empowering citizens and businesses by creating interoperable mobile ecosystems; launching lending platforms which digitize and revolutionize supply chain management; bringing new levels of security to online and in-store purchases and introducing new energy and agriculture digital solutions to enable greater access and financial inclusion.
Malhotra has held a number of senior leadership roles at Mastercard, encompassing multiple geographies and functions. Prior to joining the company, he served in a variety of roles at Citicorp, American Express and ANZ Grindlays Bank.
Malhotra is a member of the US President’s Advisory Council on Doing Business in Africa and the Dubai Chamber of Commerce & Industry International Advisory Council. He sits on the board of directors of the US-Africa Business Center US Chamber of Commerce and INJAZ (Junior Achievement Worldwide). He also sits on the board of directors for Network International (listed on LSE) and is a member of the World Economic Forum Africa Business Council.
He has received numerous prestigious accolades, including being named among the region’s top business leaders by Forbes consecutively from 2014 to 2019.
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.