Michael Miebach will assume the role of chief product officer for MasterCard on January 1st and will be based in New York. He currently serves as president, Middle East and Africa.
Before joining MasterCard in 2010, Miebach held several global positions including with Barclays, where he was the managing director for Middle East and North Africa and managing director for Barclays Africa. He also held senior-level positions at Citibank, responsible for Germany, Austria, UK and Turkey.
Raghu Malhotra will become president, Middle East and Africa as of January 1st. Previously overseeing Middle East and North Africa, Malhotra will now add supervision of sub-Saharan Africa and South Africa markets to his responsibilities.
Since 2000, he has led several teams across South Asia, India and the Middle East and Africa. Prior to joining
MasterCard, Malhotra served in a variety of leadership roles across the consumer franchise and financial services businesses for Citigroup, American Express and ANZ Grindlays Bank.
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