The Asian Banker Wednesday, 24 July 2024

MasterCard meets growing demand for core products with two leadership appointments in Asia Pacific

5 min read

Singapore – MasterCard today announced the appointment of Jenn Ong and Paolo Bortolotto to the respective roles of Head of Consumer Credit, Asia/Pacific, and Head of Debit, Asia/Pacific, effective immediately.

In her new role, Jenn will oversee the development of Asia Pacific’s affluent growth strategy and work cross functionally across the MasterCard network to expand its customer base in this fast-growing region. Jenn will also be the Consumer Products lead for China, Hong Kong, Japan, Macau and Taiwan. Prior to joining MasterCard, she was Head of Cards and Unsecured Loans at HSBC Singapore.

Paolo Bortolotto, who joins the Asia Pacific team after leading the development of MasterCard's Debit Products for Europe and Core Products for Germany and Switzerland, will spearhead the Asia Pacific region’s debit growth strategy. He will look to implement and deepen MasterCard’s portfolio of debit products across the region. In addition, Paolo will be the Consumer Products lead for Australasia, Korea and all global accounts in Asia Pacific.

“As more consumers across Asia Pacific adopt electronic payments, continuing to drive innovation across all segments and types of programs will be critical to developing safe and secure solutions that make the lives of consumers easier,” said Julienne Loh, senior vice president and group head, Core Products, Global Products and Solutions, Asia/Pacific, MasterCard. “Whether it be with EMV technology, contactless or even mobile applications and devices, the payments landscape is rapidly evolving, and so we are delighted to be able to announce these two senior appointments. With their extensive experience, we are confident that Jenn and Paolo will bring valuable insights to the business and help drive MasterCard’s next phase of growth in Asia Pacific.”

Re-disseminated by The Asian Banker

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