MasterCard Worldwide has appointed Vicky Bindra as president of Asia/Pacific and Middle East Africa region. He replaces Andre Sekulic, who is retiring. Bindra joins MasterCard from GE Capital, where he was chief executive and president, India, since 2007. Prior to that, he held several senior-level assignments at Citibank in New York and Singapore in consumer banking, credit cards, small business, sales and marketing and private banking. In addition, he was a partner at Bain & Company, leading assignments in financial services and private equity. Bindra is a graduate of St. Xavier’s College in Calcutta with a degree in finance and accounting. In addition, he is a certified public accountant.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.