MasterCard Announces Senior Leadership Changes in Asia Pacific

MasterCard announced further changes to its senior leadership team in the region, effective immediately.

Matthew Driver has been appointed to the role of Group Executive, Global Products and Solutions for Asia Pacific. In this role, Matthew will lead the development of innovative products and services that benefit consumers, merchants, business partners and governments across Asia Pacific for MasterCard. Matthew will have responsibility for Core Products, Emerging Payments, Processing Services, MasterCard Advisors, as well as Marketing and Communications in Asia Pacific. Matthew will partner with MasterCard’s global and regional management teams as well as the Asia Pacific division and sub-region presidents to deliver leading edge electronic payment solutions and services that will further advance the company’s vision of achieving a World Beyond Cash and drive inclusive growth across all Asia Pacific markets.

Matthew joined MasterCard in 2002 and has over 26 years of experience in banking, payments and business services having worked extensively across Asia, Europe, the Middle East and the Americas. Most recently, Matthew was the President of Southeast Asia, responsible for managing all aspects of the MasterCard business in the division.

Matthew takes over from T.V. Seshadri who has been appointed to the newly created role of Head of Business Process Simplification, Asia Pacific. In this role, Seshadri will be focused on integrating and coordinating efforts across Asia Pacific to ensure more streamlined collaboration. He will drive both pan Asian and national infrastructure projects and will act as the project lead for significant strategic reviews, ensuring collaboration across the network through facilitation and project management. The creation of Seshadri’s new role reflects the growing strategic importance of the Asia Pacific region to MasterCard.

Seshadri has held several management roles within MasterCard over the last 18 years in Singapore and India. As Global Products and Solutions lead for Asia Pacific, he has helped to maximize the region’s revenue growth; ensure maximum penetration of market segments; and identify strategic business-building opportunities in products and solutions for customers in the region.