MasterCard appoints MENA e-Business Development VP
MasterCard International has appointed Ivan Jones as vice president for e-business Development, Middle East and North Africa region. He is responsible for spearheading MasterCard's program to help member financial institutions take advantage of the new opportunities enabled by e-business technology.
Jones has taken up this new position within the organization as the company continues to expand following the opening of the regional headquarters in Dubai at the end of last year. His appointment reinforces MasterCard's commitment to the region and to the development of e-commerce initiatives both regionally and globally, according to a company press release.
Jones joined MasterCard in 1988 and was responsible for assisting Asian, Middle East and African members build connections to Banknet, MasterCard's global authorisation, clearing and settlement network. In 1994, Jones became involved in the planning and development of MasterCard's global e-business strategy and brings his expertise to this region with his move to Dubai.
MasterCard International has a portfolio of widely accepted payment brands. More than 1.7 billion MasterCard, Cirrus and Maestro logos are present on credit, charge and debit cards in circulation today. A corporation with more than 15,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. With more than 28 million acceptance locations, MasterCard’s gross dollar volume for the six months ended June 30, 2002, exceeded $534 billion. — (menareport.com)
© 2002 Mena Report (www.menareport.com)