Raj Seshadri Named President, Data & Services for Mastercard

Kevin Stanton appointed chief transformation officer
PURCHASE, N.Y. – January 13, 2020 – Mastercard today announced the appointment of Raj Seshadri as president for the company’s data and services organization, reporting directly to Ajay Banga, president and chief executive officer. She succeeds Kevin Stanton, who has taken on a new role as chief transformation officer.
Seshadri will draw upon her insights and successful track record as president of U.S. issuers over the past four years. During this time, she grew the company’s regional credit, debit, commercial and prepaid card programs and service offerings with banks and credit unions across the U.S. market.
In her new role, Seshadri will be responsible for the company’s global data and services products and solutions that reinforce core payments. Over the past decade, these capabilities have grown to include offerings ranging from analytics and consulting, to loyalty and engagement services. Today, the data and services team provide a suite of end-to-end solutions that maximize data insights, platform technology and industry expertise to help customers deliver greater scale and success.
“From day one, we’ve benefitted from Raj’s analytical perspectives to rethink and re-establish our contribution as a trusted partner to our issuing customers. And, the results speak for themselves, as we substantially grew our core, including consumer credit, in a very competitive market,” said Banga. “As she moves to this new role, she will build upon the established foundations and continue to expand this truly differentiated part of our business.”
Seshadri joined Mastercard in 2016 from BlackRock, where she was a managing

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