Bangalore: MasterCard Worldwide today announced the appointment of Ari Sarker as Country Head, India to bolster the India leadership team as well as division president, South Asia, where he will provide leadership to the South Asia team to drive core business growth, executing on the nascent but fast rising emerging payments opportunities in the subcontinent.

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Sarker, who moves from Singapore to India, joined MasterCard in December 2010 and has been responsible for the growth of network processing under Global Products and Solutions (GP&S) for APMEA and across the payment value chain. Prior to joining MasterCard, Sarker spent over 12 years with GE in a variety of senior roles in accounting, audit, corporate finance, and private equity across several key markets in the Americas, Europe, & Asia Pacific. In his last role prior to MasterCard, he led the GE Private Equity business in India.

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 Sarker succeeds TV Seshadri who is moving from India to Singapore as Group Executive, Global Products and Solutions for APMEA, where he will assume responsibilities for developing, driving and implementing product strategies and solutions for MasterCard to maximize the APMEA region’s revenue growth. Seshadri has held several management roles within MasterCard over the last 15 years in Singapore and India. In his most recent role as division president, South Asia, Seshadri successfully spearheaded several innovative card programs and introduced new payment solutions in India.