MasterCard announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker; as well the creation of two sub-regions – North East Asia and Australasia (NEAA) and South East Asia and South Asia (SEASA). The new sub-regions are in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the region’s biggest markets – China and India – and reflects a more focused approach for these diverse markets.