MasterCard recently announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker. The reorganization is in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the region’s biggest markets – China and India – and reflects a more focused approach for these diverse markets.

Ari Sarker will lead the South East Asia and South Asia region. He has been with MasterCard for over four years and was most recently MasterCard’s Division President for South Asia and Country Corporate Officer, India. He also has over 22 years of experience spanning the finance, commercial, and M&A sectors in senior management roles across key markets in the Americas, Europe and Asia Pacific.

Parker will be based in Singapore. They succeed Vicky Bindra, president, Asia/Pacific, who will be leaving the company.