|Thursday, 23 October 2014 09:48
|MasterCard makes Islamic payments appointment
New head to drive “growing” business in Southeast Asia
MasterCard has appointed Safdar Khan to lead its Islamic payments business in Southeast Asia with immediate effect.
Khan, who is currently country manager for Malaysia and Brunei, will also be promoted to the role of group country manager for Indonesia, Malaysia and Brunei.
MasterCard says Khan will play a crucial role in establishing MasterCard’s dominance in the growing Islamic payments business in the region. It adds that he spearheaded the launch of the Tabung Haji Debit-i MasterCard, the world’s first non-banking Islamic debit card, while significantly increasing engagement with key industry stakeholders.
He will continue to be based in Kuala Lumpur, where he will focus on driving growth across the cluster as the countries increase their connectivity ahead of the establishment of the ASEAN Economic Community in 2015.
Matthew Driver, MasterCard president for Southeast Asia, commented: “We’re confident that Safdar, in his expanded role will provide the leadership and direction to drive the uptake of our innovative and comprehensive Sharia-compliant payments solutions across the region. There is a huge opportunity in the Muslim lifestyle segment in Southeast Asia and it is MasterCard’s commitment to ensure we offer safe, simple and smart payments solutions for this significant market. ”
Khan joined MasterCard in 2006 as VP, global account, South Asia, Middle East and Africa, where he was responsible for managing the relationship with key global clients. Prior to his role as country manager for Malaysia and Brunei, he was area head, Qatar, Oman and Kuwait.