Mastercard gets new division president

Mastercard on Thursday announced the appointment of a new division president for South Asia and country corporate officer, India. 

The appointee, Nikhil Sahni, will take over from Porush Singh, who will be relocating to Singapore and assuming a new role, said a press release.

Nikhil joins Mastercard with nearly 25 years of experience across strategy, investment banking, corporate, commercial, SME, retail, branch, and government banking.

He will oversee Mastercard's operations, and position the company's extensive suite of products, solutions and services across the sub-continent, including Bangladesh Sri Lanka, Nepal, Maldives and Bhutan, in addition to India.

Nikhil began his professional journey with L&T, after which he joined The Times Group. His other professional experience includes working with Rabo India Finance.

His most recent role was as senior group president, agriculture, government & MNC banking and knowledge banking with Yes Bank, where he spent over 17 years managing various businesses and products, both at regional and national levels.

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