May 15

How Mastercard’s CEO is Working Toward Financial Inclusion During the Pandemic

By McKenna Moore

On the newest episode of Leadership NextFortune CEO Alan Murray is joined by Ajay Banga, the CEO of Mastercard. The two chief executives talk about the pandemic, digitization, stakeholder capitalism, and more.

Murray introduces Banga as one of the best examples he’s seen of the new brand of CEO that sincerely wants to focus their companies’ abilities on addressing society’s deepest problems. And Banga’s passion is financial inclusion, around which Mastercard has launched approximately 1,500 projects under his leadership.

With his eye on that issue, Banga said that the digitization he believes is being accelerated by the coronavirus crisis will need to be implemented carefully to not further stratify society.

Photo courtesy of EmilianDanaila.

Source: Fortune (link opens in a new window)

Coronavirus, Finance
digital identity, digital inclusion, financial inclusion