Wherever we operate worldwide, our team are united by Mastercard’s corporate culture and a desire to meet the unique needs of local individuals and businesses.
Our European management committee leads Mastercard to innovate with purpose.
Meet Mastercard's European Board:
Mark Barnett is President of Mastercard Europe and a member of the company’s management committee since 1 June 2020. He is responsible for the overall success of the only true multi-rail payments technology company, across a region that encompasses 53 countries and serves over 950 million people through partnerships with retailers, financial institutions and businesses.
In this role, Mark leads a business focused on doing well, doing good and making people’s lives easier by delivering simple and secure ways to pay and by fostering a culture where he drives new technology and innovation to position Mastercard as the partner of choice.
Mark joined Mastercard in 2003 and has held various roles. Prior to his current role, Mark was the President of the Mastercard UK, Ireland, Nordics and Baltics Division.
Mark has over 20 years’ experience in the retail banking and payments industry. Most of his client work has been at board level; developing payments strategy, designing innovative new products, advising card schemes and processors, supporting government payment initiatives and implementing major transformation programs.
Mark has an MBA from Imperial College Business School, University of London, and a Bachelor’s degree in Economics, also from London University.
Bruno Baugnies is Senior Vice President, Operations and Technology at Mastercard Europe. In this role, he is responsible for managing the regional operations and technology teams and technology portfolio throughout Europe.
Prior to this role, Mr. Baugnies served as Group Head, Global Network for Europe. Stationed in Waterloo, Belgium, he was responsible for driving increased penetration of network processing and expansion across the processing value chain via partnerships and alliances. He also managed and identified new equity investments with the division heads and country heads across the region.
Previously, Mr. Baugnies worked at Europay International from 1992 to September 2000. There he held various positions where he was responsible for the organization and supervision of all IT development projects, from the business requirement phase to system implementation, for all systems operated by Europay.
In December 1985, Mr. Baugnies received a certificate in computer science from The Institute of Cinematography and Radio in Brussels, Belgium. He has more than 30 years of experience in the areas of computer technology, financial services and payments.
Ineke Bussemaker has more than 30 years of experience in commercial banking leadership roles. Acknowledged as an inspirational and progressive people manager, she has throughout her career maintained focus on the synergies of new technologies with traditional banking products and payments to introduce and cultivate major innovations in financial services. At the beginning of 2020, she made a career switch to become Dean of the Faculty of Business and Economics at Amsterdam University of Applied Sciences. In this role she builds on her business management skills to achieve a digital transformation in education and to prepare young business and finance professionals for tomorrow.
Her banking career covers 5 banks across 5 countries from payment services to corporate and investment banking in product development roles, technology innovations and executive management roles.
In her most recent banking role she was CEO for NMB Bank Plc in Tanzania. Prior to this she was Head of Payment Services at Rabobank, the Netherlands, where she also chaired the Dutch banking community in the migration to SEPA and was a member of the European Payments Council. She worked for Citibank in the Netherlands, UK and Denmark.
NED roles include: member of the Board of Women’s World Banking Inc and Chair of the Supervisory Board of Invest International BV.
Ineke has an MBA from RSM, Rotterdam School of Management, and a Bachelor degree in Mathematics from Leiden University.
Catherine Langlais is an Independent Non-Executive Director at OSTC, a derivatives trading and education business in the UK, since May 2020.
She was previously, until her retirement in January 2020, the General Counsel and Executive Legal Director of Euronext group (combining the Euronext exchanges in Belgium, France, Ireland, The Netherlands, Norway, and Portugal).
After a few years in a French credit institution, she had joined Matif SA, the French Derivatives Exchange, in 1990 as Head of Legal Department. Following Matif merger with the Paris Securities ‘Exchange at the end of the 1990s, she was actively involved in the creation of Euronext group in 2000 and its listing in Paris. She was thereafter involved in the merger with the New York Stock Exchange in 2007 to form NYSE Euronext, and after its acquisition by ICE in 2013, in the subsequent separation and IPO of Euronext in 2014, followed by the enlargement to Dublin and Oslo exchanges. Her responsibilities within the Euronext Group included supervising all legal and regulatory matters, coordinating the interactions with the Euronext College of Regulators, and advising the Managing and Supervisory Boards.
She graduated from the Paris XI-Sceaux University in International Law and from the Paris IV-Sorbonne University in Anglo-American civilization and literature. Mrs Langlais has been a Chevalier de la Légion d’Honneur since 2009.
Jennifer is a Vice President of Global Customer Delivery for Mastercard. In this role, she is responsible for the end-to-end technical implementation of the company’s products and services worldwide to issuers, acquirers, merchants and other partners. Jennifer serves on the company’s management committee.
Prior to assuming this role in 2017, Jennifer was responsible for customer delivery, expert sales, and prepaid account management in the United States and Canada. Earlier in her tenure, she led the management, development and commercialization of consumer and commercial products for Mastercard Europe, as well as roles in strategy and development.
She brings more than 30 years of global experience in payments and financial services, with positions at Experian, American Express, and First USA/Bank One. Her background includes credit underwriting, product pricing and profitability, analysis and modeling, marketing and product management. Before joining Mastercard in 2007, Jennifer was the chief credit officer at African Bank in South Africa.
She is also the author of a comic book series published in South Africa that educates children on good financial habits and life skills.
Jennifer serves on the board of directors at Fair4All Finance and at ICM Mobility Ltd. She holds a Bachelor of Science in statistics from Lehigh University and a Master of Science in statistics from Iowa State University.
Ilya Riaby is Executive Vice President, Mastercard Switching Services, Europe. He and his team are responsible for securing and growing Mastercard switching business in the European Economic Area, cultivating and developing business opportunities with existing and new customers, and executing Mastercard switching strategy.
Mr. Riaby joined Mastercard in August 1998 as Regional Business Manager for Russia and Ukraine. Prior to his current role, Mr. Riaby held positions of key account manager for Sberbank (Savings Bank of the Russian Federation), Head of Sales Russia and General Manager Russia, Kazakhstan, Belarus and Armenia.
Before joining Mastercard, Mr. Riaby was Director, Means of Payment at Most-Bank, one of the pioneers in the Russian card market. He started his career at the Bank for Foreign Economic Affairs of the USSR (Vnesheconombank), the first bank in the USSR to sign a license agreement with Mastercard.
Mr. Riaby holds a Master's degree in finance and credit from the State Academy of Finance, Moscow.
Giulio Rindi is the Chief Financial Officer for Europe. In this role, Mr. Rindi is responsible for overall financial decision support to the business, financial planning and analysis, accounting and financial reporting, internal controls, performance tracking, business development finance, investment optimization and local oversight of real estate, sourcing, treasury and tax for the region.
Previously, Giulio Rindi was Mastercard Chief Financial Officer for Latin America & Caribbean since January 2018. He joined the region after spending almost two years as the CFO for Middle East & Africa.
Giulio brings with him over 20 years of international consulting, auditing and finance experience working across financial services, travel, manufacturing and distribution, technology and payment industries.
Giulio joined Mastercard in 2011 as Divisional Finance Officer managing UK & Ireland. In 2013 he took a broader role becoming the Divisional Finance Officer for Western Europe, managing 18 countries across Iberia, France, Benelux, Nordics and the Baltics.
Prior to joining Mastercard, Giulio served as Finance Director, Global Foreign Exchange Services at American Express. He joined American Express in 2006 in London and during his tenure held a series of positions of increasing responsibilities in the Business Travel and Payment sector. Giulio served on the Board of Directors of UVET American Express.
Giulio started his professional career in Germany as an Auditor in BDO International and in 2001 joined the Pirelli Group where he became Group Controller of the Telecom Cables & Systems and led the finance function through the sale of the business to a private equity group. He moved to the NewCo, which is today named Prysmian Cables & Systems Group and is listed at the Milan Stock Exchange.
Giulio graduated from Bocconi University in Milan, Italy with a major in International Business. He attended Executive Leadership Programs at Harvard and London Business School and volunteered for the Prince’s Trust foundation in the UK and other organizations in the UAE and the US.
Raj Seshadri is president of data and services at Mastercard, responsible globally for a unique range of capabilities that help customers make smarter decisions with better outcomes. These include analytics, insights, consulting, loyalty, engagement, innovation and ‘test and learn’ services. They reinforce the value of payments, enhance business performance and elevate consumer experiences for issuers, merchants, processors, acquirers and public-sector institutions.
Raj serves on the company’s management committee and originally joined Mastercard in April 2016 as president of U.S. issuers. In this role, she managed and substantially grew the company’s core business, services and partnerships with banks and credit unions in a very competitive market.
Previously, she was a managing director at BlackRock, leader of the iShares U.S. retail ETF business and the global chief marketing officer for iShares. Earlier in her career, Raj led Citigroup’s global strategy team and Citibusiness small business banking. She also held leadership roles at U.S. Trust, McKinsey & Company and AT&T Bell Laboratories.
She serves on the board of directors of Raymond James Financial Inc., the management board for the Stanford Graduate School of Business, the board of trustees of Mount Holyoke College and the global board of the American India Foundation. Raj is a member of the Partnership for New York David Rockefeller Fellows Program and has previously served as an adjunct professor at the Columbia Business School.
Raj received a bachelor’s degree from Mount Holyoke College in physics and mathematics, a Masters of Business Administration from Stanford University and a Ph.D. in physics from Harvard University.
Vivian Zhou is the Executive Vice President & Corporate Treasurer at Mastercard. She is a seasoned business leader with over 20 years of financial services experience. In this role, she leads a global organization that is responsible for all treasury activities, credit risk management and enterprise risk management.
Prior to joining Mastercard in August 2022, Vivian held various senior leadership positions at American Express including Head of Balance Sheet Strategy and Planning overseeing core treasury functions for all banking entities of the company, and Head of CCAR Enterprise Management leading the company’s comprehensive capital analysis and stress testing program. Her most recent role was the Head of Investor Relations.
Earlier in her career, Vivian worked at KPMG in its Assurance Practice and Transaction Advisory Services Group. She is a member of the American Institute of Certified Public Accountants. Vivian holds a Master of Business Administration from the Wharton School at the University of Pennsylvania and a Bachelor of Science degree from Binghamton University.