Commercial Payments International

Mastercard announced the appointment of Mark Barnett as President of its European business. In the capacity of this role, Mark Barnett will be responsible for the strategy of the business in the region of Europe. Mark will report to Gilberto Caldart, President of International, and will join Mastercard’s Management Committee effective from 1st June 2020.

“This is an important time for Mastercard, especially here in Europe and I am delighted to be taking the lead of such a dynamic and diverse region,” Barnett said. Adding further he said, “Mastercard is the only true multi-rail payments technology company in Europe and as such we are uniquely placed to be able to deliver simple and secure ways to pay and get paid across the region. I look forward to continuing to foster a culture where we drive new technology and innovation while building our position as partner of choice for all those we serve.”

Before the appointment, Barnett was Divisional President for the UK, Ireland Nordics and Baltics. He joined Mastercard back in 2003 and held various roles within the organisation and has 20 years of experience working in the retail baking and payments industry. Barnett will succeed Javier Perez who is current President of Mastercard in Europe. He held this position for the past 15 years.

“Mark brings with him a wealth of knowledge and experience, he has a proven track record in building new and meaningful partnerships, while creating a culture which fosters new thinking and new ways to deliver,” said Gilberto Caldart, President for International, Mastercard.