Set to open dedicated country office to mark 25 years in Sri Lanka

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Mr. R. B. Santosh Kumar, Country Manager – Sri Lanka and Maldives, MasterCardDecember 11, 2014, Colombo, Sri Lanka: MasterCard announced the appointment of R. B. Santosh Kumar to the role of country manager, Sri Lanka and Maldives. Marking 25 years of bringing world-class secure payment solutions to the market, MasterCard has also announced plans to launch a local representative office in Colombo early next year.

On the occasion, Mr. Vikas Varma, area head, South Asia, MasterCard said, “With strong fundamentals and immense growth potential, Sri Lanka is a key market for MasterCard in the South Asian region. The appointment of an experienced team locally reaffirms our deep commitment to bringing next generation solutions and propositions to the market.”

“Having witnessed the market make strides over the past few years, I’m excited to lead MasterCard’s Sri Lanka business. I look forward to further strengthening existing relationships and establishing new ones as we look to build on the great momentum that we have in this market” said Mr. R. B. Santosh Kumar, country manager – Sri Lanka and Maldives, MasterCard.

With nearly two decades of experience in the electronic payments industry, Santosh has been a key contributor to MasterCard South Asia over the past few years. Prior to this, he was Vice President and Account Head, overseeing MasterCard’s operations in Sri Lanka and Maldives. Before joining MasterCard, he was with Citibank and Standard Chartered Bank where he managed diverse roles in merchant and customer acquisition, authorizations and fraud and risk.

Santosh has an MBA in Marketing from the Bharathidasan Institute of Management (BIM), Trichy, India.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardAP and @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

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