Nandan Mer will take over as Group CEO of Network International Holdings, a Dubai-based payment products and services company, effective February 1, 2021.
Mer, who is currently MasterCard Strategy Head - International Markets, will succeed Simon Haslam, who will step down as Group CEO and from the Board of Directors on 31 January, Network said in a statement.
Haslam decided to retire from the payments company after forty years in the financial services sector, Network International said in a statement. He will remain with the company throughout his six-month notice period to ensure a smooth transition.
Mer has a proven track record of building and growing businesses over 30 years in a number of global markets with leading financial institutions including American Express, Citigroup, United Bank for Africa (UBA) and most recently at MasterCard.
(Writing by Brinda Darasha; editing by Seban Scaria)
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