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Washington:
Former US Ambassador to India Richard Verma has joined main monetary companies firm Mastercard as its govt vice-president for international public coverage and regulatory affairs.
In this capability, Richard Verma will oversee the corporate’s public coverage, regulatory affairs and litigation groups around the globe, Mastercard mentioned in a press release.
Mr Verma joins Mastercard from capital advisory agency The Asia Group, the place he served as vice-chair and accomplice. He was US Ambassador to India from 2014 to 2017.
In addition, Mr Verma was the Assistant Secretary of State for Legislative Affairs, the place he led the division’s efforts on Capitol Hill, and was the previous National Security Advisor to the Senate Majority Leader for a few years.
Rich (Verma) is a confirmed chief with intensive expertise in public coverage, geopolitics, commerce and worldwide regulation, mentioned Ajay Banga, Chief Executive Officer, Mastercard.
“In his role as US Ambassador to India, Rich oversaw one of the largest US diplomatic missions in the world and took integral steps to deepen bilateral ties,” Mr Banga mentioned.
With his experience and powerful relationships worldwide, Rich might be a key counselor to trade leaders and governments on the worldwide transfer to a digital financial system. We stay up for working intently with Rich to construct on our sturdy basis, Mastercard mentioned in its assertion.
Richard Verma is a veteran of the US Air Force, and a recipient of a number of awards and decorations, together with the State Department’s Distinguished Service Award.
He is presently a Senior Fellow at Harvard University’s Belfer Center for Science and International Affairs and he serves on a number of boards and commissions, together with the National Endowment for Democracy and Lehigh University.
He holds levels from Georgetown University (Ph.D.), the Georgetown University Law Center (LLM), the American University’s Washington College of Law (JD), and Lehigh University (BS).
(Except for the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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