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Cairo - Magdy Hassanhas been appointed as General Manager - Egypt and North Africa, atMasterCard.
In a significant expansion of his previous role as MasterCard's Country Manager for Egypt, Magdy is now responsible for leading MasterCard's commercial activities and operations in the North Africa cluster.
Mr. Hassan has over twenty years of experience in payments and lending,and hasbeen with MasterCard since 2003. During his time with the company, he has overseen the development, execution and rollout of numerous products and solutions in the Egyptian market andhas beeninstrumental in developing solid relationships for MasterCard with prominent customer financial institutions.
Commenting on the expansion of the leadership team in Egypt and North Africa, Raghu Malhotra - President, Middle East and North Africa, MasterCard, commented: "Magdybrings with him a wealth of experience, and is ideally placed to head our business across Egypt and North Africa. He has a deep understanding of the payments space and unique insight into the region he will be heading. This appointment falls in line with our commitment to building a robust team on the ground as we continue to drive our business in the region and launch tailor-made solutions to meet the needs of the market."
Before joining MasterCard, Mr. Hassan held a number of roles including Head of Consumer Lending for the National Commercial Bank in Saudi Arabia as well as serving in various card businesses and IT functions in BanqueMisr.
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About MasterCard
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardMEA and @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.
Contacts:
Tamer Hassan
Tamer.hassan@hkstrategies.com
© Press Release 2015
