Archives

Michael Miebach

As President and CEO-Elect, Michael understands that ending gender discrimination isn’t just a matter of basic human rights; it’s eradicating a barrier to accelerating sustainable development. Promoting women’s leadership in driving economic growth and galvanizing their willpower isn’t just about enriching economies—it’s about building a more just, equitable global society. During the course of Michael’s 10 years at Mastercard, he has been a visionary who kickstarted much of the work behind their financial inclusion journey. Recently, Mastercard has expanded its commitment to financial inclusion, pledging to bring a total of one billion people and fifty million micro and small businesses into the digital economy by 2025, with a direct focus on supplying twenty-five million women entrepreneurs with solutions to help them grow their businesses. Outside of Mastercard, Michael is part of the Accion Board of Directors; providing support to two billion adults across the world lacking financial services. In 2018, MasterCard and Accion launched a partnership, bringing Mastercard’s worldwide networks and resources together to transform millions of underserved micro and small businesses while focusing on the cultivation of female entrepreneurs.

Ajay Banga

Under Ajay’s leadership, Mastercard has become a company where inclusion, opportunity and empowerment for women are global priorities. He has always believed that ending all forms of gender discrimination and fostering women’s participation in the global economy isn’t just the right thing to do – it’s also good business. Mastercard has become a leader in products designed for women and his support in helping them get access to finance and funding shows up in many of the company’s programs, including a $250 million commitment to support small businesses globally and linking identification to payments to benefit the millions of women globally who lack formal ID. Ajay also provided the pioneering vision for Girls4Tech™, the award-winning education program developed to teach STEM foundations and principles to girls around the world. Beyond Mastercard, Ajay is involved in global initiatives and organizations which encourage and empower women financially. He has partnered with World Bank to help women in under-developed areas, and regularly speaks to executive groups and student groups on the importance of inclusion and decency.

Ann Cairns

Ann is a champion of inclusion in the workplace and is committed to driving the charge for equality in business. As Chair of Mastercard’s Gender Steering Committee, Ann has spearheaded the introduction of unified parental leave, rolled out a company-wide mentoring programme and solidified Mastercard’s financial inclusion commitment. Ann is Chair of the Financial Alliance for Women, aiding in an exponential growth of their global membership, and as Chair of the 30% Club has increased the number of global 30% Club chapters as well as creating a global advisory group. Ann is one of UN Women’s 282 leaders for Generation Equality and has participated as one of the high-level Champions of Gender Equality hosted by Melinda Gates.

Ajay Banga

Ajay has forged a company and culture at Mastercard where inclusion, opportunity and empowerment for women are global priorities. He’s made gender equality a central, guiding theme – not only for our diversity, inclusion and hiring efforts, but in Mastercard’s business strategy in general. Under Ajay’s guidance, Mastercard has created a global female leadership development programme to identify next generation talent and ensure they have the opportunity to develop the necessary skills for broader roles within the company. Additionally, Mastercard’s Women’s Leadership Network has expanded to 31 chapters around the world, supporting the growth and development of 3,500 members. Ajay’s vision of Mastercard becoming a leader in products designed for women and his support in helping them get access to finance and funding shows up in many of the company’s programmes, including supply chain financing for microbusinesses and entrepreneurs in markets where women represent a large, underserved segment; and linking identification to payments to benefit the millions of women globally who lack formal ID. Ajay provided the pioneering vision for Girls4Tech™, the award-winning education programme developed in conjunction with top engineers and technologists to teach STEM foundations and principles to girls aged 8-13 around the world. Beyond Mastercard, Ajay is involved in global initiatives and organisations that encourage and empower women financially. He is an investor in Ellevest, has partnered with World Bank to help women in under-developed areas, and regularly speaks to executive groups and student groups on D&I.

Ann Cairns

Ann champions gender diversity from the top at Mastercard, working with the full management committee to make gender balance a reality. Her work includes advocating for gender balanced slates for every senior appointment; sponsoring women’s executive training; sponsoring Mastercard’s Gender Steer Co, focused on People, Market and Society; sponsoring and mentoring top female leaders and bringing in more female executives; getting more women into external board seat appointments; sponsoring focus groups to understand the key issues women at all career levels face; and driving and sponsoring company-wide strategy and narrative on gender equality. Ann advocates for STEM and has set a goal to reach one million girls aged 10-13 around the world with Mastercard’s signature Girls4Tech™ programme by 2025. She also promotes global standards in parental leave policies. Beyond Mastercard, Ann is the new co-chair of the 30% Club, looking to campaign for greater representation of women in and beyond the board. She is a member of the UK AI Council, hoping to eliminate bias in algorithms. Ann also chairs the board of the Financial Alliance for Women.

Jennifer Rademaker

As an executive woman leading a global technical function at Mastercard, Jennifer is responsible for the end-to-end technical implementation of Mastercard’s products and services worldwide.  She is an active advocate for advancing women globally.  Upon joining Mastercard in 2007, she established an internal European Women’s Leadership Network to drive career advancement for European women. Reaching women in 18 offices across Europe, she led a programme of events to educate and empower women.  Now located in the United States, she focuses her efforts on developing and empowering the technical women in her organisation. She established a global ‘Women in Delivery’ group, to provide coaching to technical women to help them succeed in largely male-dominated environments, and to build a support network. Outside of Mastercard, Jennifer serves as a mentor for the 30% Club, and is a member of the Board of Directors for the American Red Cross in Greater New York, where her work includes mentoring a high potential American Red Cross female employees. She also represents Mastercard externally as an advocate for women, speaking at the 2018 Women in the World event in New York and Chatham House forums on gender and economic growth.

Ann Cairns

Ann has led many initiatives that improve the lives of women and girls at Mastercard. These include the creation of GiveMe5, Mastercard’s umbrella programme for all gender diversity initiatives, aligning with the UN Sustainable Development Goal Number 5, the empowerment and enablement of women and girls. She has driven initiatives to ensure a balanced pipeline of future women leaders is in place, focusing on entry-level recruitment, and ensuring balanced candidate slates at entry level in every country. She is the main sponsor of Mastercard’s returnship programme, which helps employees return to mid-senior level management positions after an extended career break. Externally, Ann has led partnerships around the world with UN Women to advocate for and develop digital identities for women. She has led the creation of partnerships between Mastercard and organisations including the Vietnamese Women Union and the China Women’s Development Foundation. She also created the global networking initiative Leave a Legacy, a coming together of senior women executives from around the world to create a community designed to promote and create legacy initiatives for the next generation of women leaders. Additionally, she regularly speaks at global organisations dedicated to closing the gender gap and promoting empowerment of women.

Jennifer Rademaker

As an executive woman leading a global technical function at Mastercard, Jennifer is responsible for the end-to-end technical implementation of Mastercard’s products and services worldwide.  She is an active advocate for advancing women globally.  Upon joining Mastercard in 2007, she established an internal European Women’s Leadership Network to drive career advancement for European women. Reaching women in 18 offices across Europe, she led a programme of events to educate and empower women.  Now located in the United States, she focuses her efforts on developing and empowering the technical women in her organisation. She established a global “Women in Delivery” group, to provide coaching to technical women to help them succeed in largely male-dominated environments, and to build a support network. Outside of Mastercard, Jennifer serves as a mentor for the 30% Club, and is a member of the Board of Directors for the American Red Cross in Greater New York, where her work includes mentoring a high potential American Red Cross female employee. She also represents Mastercard externally as an advocate for women, speaking at the 2018 Women in the World event in New York and Chatham House forums on gender and economic growth.

Ajay Banga

At Mastercard, they are investing in people and creating an inclusive environment where the best people choose to be. It is Ajay’s goal to hire and retain the best and brightest talent, and ensure they feel valued and respected. His commitment to gender equality is ongoing, continuing to listen to employees and to take actions aligned with Mastercard’s commitment. The three pillars of their efforts include, creating opportunities for teams by expanding their skills and experiences; working to support the development of future leaders through programs like thier Women in Technology effort and Girls4Tech STEM education program; and bringing balance and equal access to products and solutions. Externally, Ajay and Mastercard are involved in a number of external partnerships and programs designed to facilitate gender diversity. For example, the Board Chairman and other Mastercard management are members of the 30% Club and 25% of the board of directors are female. Among many accolades, Ajay was recently listed among the best-performing CEOs in the world by Harvard Business Review, and awarded ‘Business Leader of the Year’ at the 7th Annual Asian Awards.

Ann Cairns

Ann has looked in detail at the Mastercard hiring process at a managerial level to make sure that they have qualified women among the candidates. This year, the women intake in this category as well as the number of high potential females in her division has increased by 22% and 20%, respectively. She is the executive co-sponsor of “GiveMe5”, an initiative launched to advance the gender balance agenda within Mastercard as well as in the societies and markets they operate in. Through this initiative, she supports projects that engage, enable and empower women. GiveMe5 builds on the UN Sustainable Development Goal #5; achieve Gender Equality. She is also a sponsor of the work Mastercard are conducting with World Food Program, and is connected with UN Women to advocate for and develop digital identities for women around the world. Additionally, Ann is a sponsor of the production of the Mastercard Index of Women Entrepreneurs launched in 2017.  Moreover, she has just launched the Let Her Shine platform, where female leaders will be gathered from various industries to reflect on what legacy the women leaders of today can create to excite and inspire the next generation.