Companies

Mastercard appoints Nikhil Sahni as Division President, South Asia & Country Corporate Officer, India

Our Bureau New Delhi | Updated on June 24, 2021

Sahni will oversee Mastercard’s operations, and position the company’s suite of products, solutions and services across the sub-continent

Mastercard, a global technology company in the payments industry, on Thursday announced the appointment of Nikhil Sahni as its new Division President, South Asia & Country Corporate Officer, India, taking over from Porush Singh. Porush Singh will be relocating to Singapore and assuming a new role within the company.

According to the firm, Sahni joins Mastercard with nearly 25 years of experience across strategy, investment banking, corporate, commercial, SME, retail, branch, and government banking. In his role, he will oversee Mastercard’s operations, and position the company’s extensive suite of products, solutions and services across the sub-continent, including Sri Lanka, Bangladesh, Nepal, Maldives and Bhutan, in addition to India.

Sahni is an alumnus of the Indian Institute of Management, Ahmedabad and holds a degree in Electrical Engineering from Punjab Engineering College, Chandigarh.

Recent role

His most recent role was as Senior Group President, Agriculture, Government & MNC Banking and Knowledge Banking with Yes Bank. He was a part of Yes Bank’s founding team, where he spent over 17 years managing various businesses and products, both at a regional and national level.

Also read: NITI Aayog, Mastercard release report on Connected Commerce

Ari Sarker Co-President, Asia Pacific, Mastercard, said in a statement: “Nikhil has a proven track record of consistently building domestically relevant businesses and cultivating mutually beneficial partnerships across the public and private sectors. His extensive experience in India's financial services sector will be instrumental for us as Mastercard continues to strategically focus on providing the technology, infrastructure and innovation needed to build a vibrant digital payment ecosystem across South Asia.”

Commenting on his appointment at the helm of Mastercard in South Asia, Sahni said: “I am inspired by Mastercard’s mission to power a digital payment ecosystem that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Joining a company that has deep roots in, and an even deeper commitment to, South Asia, is an exciting opportunity, especially when you consider the tremendous potential that the sub-region holds. With the considerable investments that Mastercard has already made here, the range and depth of our products and services, and our relentless focus on partnering for progress, I am confident that there is no better time than now to be in the business of delivering inclusive, sustainable, secure and connected commerce for everyone, everywhere.”

Published on June 24, 2021

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