Mastercard Inc has appointed Sachin Mehra as CFO from April 1.
Mastercard Inc has appointed Sachin Mehra as CFO from April 1. He will succeed Martina Hund-Mejean, who is set to retire.
Mehra is currently serving as the company's Chief Financial Operations Officer.
He has been working at MasterCard for over eight years.
He will report to Mastercard president and chief executive officer, Ajay Banga.
“We have always been deliberate in the way in which we develop leaders as part of our succession program,” said Banga.
“Sachin is an outstanding executive who had key roles in the finance organization and in the product organisation, where he led commercial products and solutions, before returning to finance in 2018 in a broader role as chief financial operations officer. His deep knowledge of Mastercard and the marketplace will be key to continuing our Grow, Diversify and Build strategy. He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”
Mehra joined Mastercard in 2010 as group executive and treasurer with responsibility for treasury strategy and operations, global settlement, customer credit risk management and enterprise risk management.
Prior to joining Mastercard, Mehra held treasury and finance roles of increasing responsibility at the Hess Corporation, General Motors and GMAC in New York, Singapore, Belgium and Shanghai.
He holds a Masters of Business Administration from the Darden Business School at the University of Virginia and received his undergraduate degree in commerce from Sydenham College at the University of Mumbai.