Michael Burns (actor Being together is part of who we are and how we work. I really like him because he is a thoroughly decent guy. Banga further added that as Mastercard moves into the next phase of growth, we have a deep leadership benchwith Michael at the helmto take us to the next level., Banga is among the small and growing group of Indian-Americans at the helm of the US and global multi-national giants. And third, we needed to address financial inclusion in a commercially viable, sustainable way: If our business model of offering choice in payments was to succeed, that choice had to be accessible to everybody. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. Any later would have been too late for a company of Mastercards size and complexity. Sr. Marketing Manager at DiDi | Passionate about turning services and products into unique experiences for consumers | Team builder | Experienced in Latin American markets | Music lover. You could see it at the All Hands. As a chief executive, its perhaps even harder to think about how to replace yourself with someone you believe will do the job better than you could over the next 10-year stretch. (Photo credit: Isaac Latimer) Ade Adepitan, left, a TV presenter and Paralympic medalist from Nigeria, and Noah, born under apartheid in South Africa to a Black mother and white father and classified as colored, shared stories of their upbringing and how they use their talents and platform to advocate for inclusion. The changes are effective Jan. 1. This mutual forward-looking focus was how we knewover the course of a few hours conversationthat wed found a fit. When we took stock of how cash was being used, the path forward came into focus. Thats baked into our HR practices as well. Those included walk-in-the-door credibility; a deep understanding of our complex business and of public-private partnerships; technological and international know-how; a strategic mind complemented by execution and delivery expertise; resilience; street smarts; character; and a strong sense of social mission, given the role we believe corporations play now in society and will continue to play far into the future. Mastercard Our hope is that weve achieved those goals at Mastercard. A subject near and dear to my heart. And Sachin Mehra, our CFO, stepped out of an operating committee role in the finance department to become head of commercial products before returning as deputy CFO and rising to lead the team. We made a commitment to bring 500 million unbanked people into the digital economy by 2020, and weve met that goal; now our target is to reach one billion people by 2025, along with 50 million small and micro businesses and at least 25 million female entrepreneurs. Take a look:#michaelmiebach #mastercard #ceo #digitaleconomy #globalceo #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Michaels move to be our chief product officer in 2016 was very timely. One of us (Rick) was chairman of the board and leading the search; the other (Ajay) was a Citigroup executive who had been suggested as a potential candidate. In February 2020 that multiyear process came to its natural conclusion. It also extends to our financial inclusion commitments, our pledge of $250 million to support small businesses with technology and services through the pandemic, and our new push to promote more environmentally friendly spending behavior among our customer base.

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