Mastercard (NYSE: MA) appointed Mark Barnett as President of its European business, based in Brussels.
In this role, Barnett will be responsible for the strategy, direction and overall success of all aspects of Mastercard’s business across the region. Mastercard’s European businesses, encompassing 53 countries, serving over 950 million people through partnerships with retailers, financial institutions and businesses.
In his new role, Barnett will report to Gilberto Caldart, President of International, and will join Mastercard’s Management Committee effective 1 June, 2020.
Prior to his appointment Barnett was Divisional President for the UK, Ireland Nordics and Baltics. His depth of knowledge on the industry and the new technologies that are changing how people pay and get paid has been a critical corner stone in building success for Mastercard across multiple countries.
Barnett joined Mastercard in 2003 and has held various roles including leading their payments consulting business for Europe and then globally. Mark has over 20 years of experience working in the retail banking and payments industry. Barnett will succeed the current President of Mastercard Europe, Javier Perez, who retires at the end of the year.